Assetz Capital has provided a £2.3m commercial mortgage to Roseberry View Lodges, enabling the luxury holiday site to refinance an existing development facility and fund five new lodges in North Yorkshire. The loan follows 18 months of increased demand for UK staycations, with many of Roseberry View’s existing ten lodges booked solid far ahead for […]
High-end online travel agency, Luxury Cottages, is set to create a significant number of new jobs after securing a substantial investment from the Midlands Engine Investment Fund (MEIF) West Midlands Equity Fund, managed by Midven, part of the Future Planet Capital Group. The investment will help increase Luxury Cottages’ portfolio to more than 1,200 properties across the UK and […]
Didsbury-based games developer, Cherrypop Games, is gearing up for the launch of Pool Blitz, a new mobile phone game, assisted by funding from the Greater Manchester Export Fund, backed by the Recovery Loan Scheme and delivered by specialist lender GC Business Finance. Founded in 2012, Cherrypop Games has vast experience developing top selling games for […]
Hampshire-based, Quaestus Yachts, is to turn the concept for its new 60-foot luxury yacht into reality with help from a £650,000 working capital injection from Reward Finance Group. The company forms part of the successful Quaestus Group, which includes freight services, vehicle maintenance, and engineering, and was born out of director Ray Davis’s interest in […]
Carnaby Caravans, a leading manufacturer of high-quality holiday homes, is set for further growth following a record year which has seen revenues grow by more than 50% to £30m. Shawbrook, the specialist lender, has provided an undisclosed funding package to Carnaby, alongside backing from debt funder Frontier Development Capital. Founded in 1976 in Bridlington, East […]
Founded in the summer of 2021 by islander Rachel Mackenzie, Na Taighean Fiodh, Gaelic for ‘the wooden houses’, offers two beautiful log cabins, for both long and short stay accommodation in the Isle of Lewis. This followed a package of support from Business Gateway, which included 1:1 advice, grant, and loan funding. Tapping into the tourism and staycation market, the log cabins named Laimishader Cabin and Sandig Cabin, are in a picturesque […]
BREAL Zeta has structured and delivered a flexible £19m asset-based lending facility, providing a leading privately-owned business in the entertainment sector with substantial additional funding for growth. The funding package, which is comprised of a £14m receivables line and £5m revolving credit facility, will generate greater flexibility and headroom through key trading periods. This will […]
New research by Barclays Corporate Banking reveals that the hospitality and leisure industry is thriving again and could contribute £3.5bn more to the nation’s GDP this year than in 2019. In a new thought leadership report published today, Leisure Rediscovered, Barclays’ data shows that the vast majority of hospitality and leisure businesses (94%) are confident about […]
Having worked with Fairline Yachts since 2017, DF Capital has doubled its facilities, enabling the yacht manufacturer to finance the building of more boats throughout 2021 and beyond. Based in Oundle, Northamptonshire, Fairline Yachts is a major British luxury motor yachts manufacturer. With the global yachting market experiencing unprecedented demand, Fairline required an extension of […]
A business that specialises in campervan gifts have been able to expand their product offering and increase orders by 900%, following support from Business Gateway. Founded in August 2020, The Advanture is the brainchild of two brothers, Dylan and Luke McConnell. After initially offering customers a limited range of products and campervan designs, the team […]
29/12/2021
Edition 296 – December 2021
Cash is freedom By Business Money group editor Robert Lefroy NACFB Gala Dinne...
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