Tetteroo Bouw en Projectontwikkeling realises revolving project finance facility

In april 2019, Tetteroo Bouw en Projectontwikkeling, founded in 1922, was able to realise a new € 3.500.000 revolving project finance facility as well as an increase of the existing current-account credit facility. Partner bank ING bank offered a well-fitting arrangement, enabling the company further development and expansion of its activities.
Integrated Finance Solutions (IFS) advised and guided the company throughout the entire process of designing the finance structure, bank selection and signing of the finance documentation.

Tetteroo Bouw en Projectontwikkeling
For over 90 years, the Den Haag based Tetteroo Bouw & Projectontwikkeling B.V. operates in the area of project development, housing construction & renovation, and construction & renovation projects in the healthcare sector. In addition, the company has built a strong track-record in executing transformation projects, utility construction and maintenance. Its clientele can be found among municipalities and government, various foundations, real estate investors, companies and private individuals, mostly located in the Randstad, Noord-Holland and Brabant. Throughout the Netherlands, more than five hundred leading projects at the hand of Tetteroo Bouw & Projectontwikkeling are to be found. With its activities Tetteroo expects to achieve an annual turnover of more than € 37.000.000 in 2019.

The company's versatility is derived from the high standard of expertise of qualified personnel. On its way to 2020, Tetteroo’s mission is aimed at achieving a lean-based construction, project and development organization which takes care of its customers and partners. It’s focus is directed towards delivering innovative and high quality building solutions, executed together with partners and with employees who realise their ambitions and feel at home within the company.

More information?
For more information please contact Integrated Finance Solutions (IFS) at +31 30 7602110.