Technology outsourcing company, Regenersis plc, has readied itself for future business growth by consolidating its banking with a move to HSBC's Corporate Banking team in the Midlands. Under the new deal Regenersis will benefit from a £15m committed facility, while moving forward HSBC will also be acting as the group's sole banking partner in the UK and Europe.

Regenersis plc acts as a strategic outsourcing partner to some of the world's leading consumer technology companies, working with products including mobile phones, televisions and set-top boxes, computer equipment, and security-sensitive technologies such as ATMs and Chip and Pin terminals. The Company provides services such as screening and diagnostics, technical repair, and customer contact service centres.  Based in Cambridgeshire, Regenersis boasts a client roster including Orange, Virgin Media, Acer, Nokia, LG and Samsung and operates from 11 locations across Europe including UK, Germany, Poland, Romania and Russia.

Maurice Heath, HSBC Head of Corporate Banking, Midlands, said: "Regenersis is a business that has achieved success on an international level in an extremely competitive market place, and which remains focused on further growth and expansion. We're looking forward to working with the management team to provide internationally coordinated banking facilities that will help them achieve their ambitions."

Jeremy Wilson, Chief Financial Officer, Regenersis plc, said "As a business, we rely on the strong relationships we build with our clients, which is a business model that HSBC naturally understands.  As such, the bank felt like a perfect fit to support us moving forward, and we're looking forward to benefitting from their global expertise."