GAP, the Glasgow-based tool and equipment hire company, negotiated a GPB 220 million asset-based facility with a four bank syndicate led by RBS and including Barclays, Wells Fargo Capital Finance and PNC Business Credit.
GAP was established in 1969 by Gordon Anderson and its core fleet includes general equipment, tools and lifting equipment, available from 110 depots across the UK. GAP employs 1,300.