Sensys Gatso Group has signed a new MSEK 100 facility agreement with Rabobank Netherlands for financing US Growth plan
Sensys Gatso Group, a global leader in traffic safety solutions, has signed a new facility agreement with Rabobank Netherlands for financing the US Growth plan. The facility agreement can be used for investments in the US on Fixed Assets in Operations. The facility will remain available until 31 December 2024. The withdrawals from the facility are converted into loans of SEK 25 million each with a repayment period of 5 years.Our business in the US solely focuses on TRaaS Managed Services. In this business model Sensys Gatso provides a full service to its end-customers, being municipalities