("1PM" or the "Company")
New Debt Facilities
The board of 1PM, the AIM quoted independent provider of asset finance facilities to small businesses, is pleased to
advise shareholders of a significant increase in bank facilities available to the Company.
Two of the Company's existing funders have reviewed and increased the facilities made available to the Company by a
total of £500,000 and a third funder has reinstated a line of £500,000. This increases the total funding lines available
to the Company from £1,000,000 to £2,000,000. Of this facility the funds available for lending have increased from
£132,000 to £848,730, an increase of 543%. All funding lines are on a revolving basis.
Mike Johnson, Executive Chairman, commented, "These increases clearly demonstrate the confidence our funders have in the
repositioning of the Company and the depth of experience within the restructured Board, thus enabling us to maximise
these revolving facilities and continue developing the business in line with designated projections."
29 November 2007
For further information, contact:
1pm plc Mike Johnson 08707 397 397
Blomfield Corporate Finance Limited Nick Harriss 020 7512 0191
SVS Securities plc Ian Callaway 020 7638 5600