Specialist business property adviser, Christie & Co, has announced the sale of two dental practices owned by Gower Healthcare in Swansea, South Wales. Both practices are located in strong suburban areas. Pentrepoeth dental practice is situated in the centre of Morriston, a busy residential suburb on the outskirts of the city of Swansea, and Chapel […]
Almost a fifth (18%) of small business owners have identified late payments as the key barrier to their growth – behind only competition as the biggest barrier – according to new research by Superscript, the insurtech which provides SMEs with flexible insurance. The research, part of a report titled: Supercharging small business growth, highlights the […]
The comprehensive funding package, which comprised facilities against debtors and plant & machinery, together with an RLS loan, has been structured to provide ongoing working capital post-acquisition to enable the business to drive further growth. The transaction was introduced by Rupert Rawcliffe, Founder of SRC Corporate Finance. Future Advanced Manufacture is an advanced engineering company […]
Accountants, business and financial advisers Kreston Reeves has today announced the promotion of two new partners. Simon Levine is promoted to partner in the Legal Services and Private Client team, and Robert Beasley is promoted to partner in the Accounts and Outsourcing team. Nigel Fright, managing partner, Kreston Reeves said: “We recognise that it is […]
A gin distillery has increased sales by working with Business Gateway, and is now getting ready to scale up production at larger premises. Isle of Bute Gin Distillery is a small batch gin distillery that specialises in using local botanicals, and even oyster shells, to flavour gins. Opened in 2020 on the Isle of Bute, […]
The number of acquisitions made by private equity-backed businesses across the UK shown signs of stabilising after a buoyant period, according to Rickitt Mitchell’s Buy and Build Barometer. The latest analysis from the corporate finance firm, conducted in partnership with Experian Market iQ, reveals 125 deals were completed in Q3 2021, down 25 % on […]
Aspen has completed a No Valuation £173k bridging loan in just five working days, allowing the applicant to raise funds for an onwards property purchase on a tight deadline. Completed on the lender’s Flat Rate product at 0.79% pm over 12 months, the investor used an unencumbered, four-bedroom detached house in Edgware, North London as […]
Landbay has repriced its Limited Edition range of five-year fixed rate buy-to-let remortgage products and introduced a £500 cashback payable upon completion. The rates on four of the five products have been reduced by five basis points and the minimum loan value has decreased to £200,000 from £250,000. The maximum loan value for this particular […]
Despite the challenges of the past 18 months, new research from Google shows small businesses in London are poised to grow in the next year, with 70% surveyed planning to expand nationally and/or internationally for the first time in 2022. 29% of those surveyed intend to expand both nationally and internationally in 2022. SMEs’ expansion plans in London […]
ThinCats, the leading alternative lender to mid-sized SMEs, has provided a £3.25m funding package to support scrap metal recycling business Acetech Metals with the purchase of a large scale premises in Scunthorpe. Founded in 1998, Acetech is a leading player in the metals recycling sector, offering an unparalleled combination of innovation, technical expertise and resources. […]
30/11/2021
Edition 295 – November 2021
Well read? By Business Money group editor Robert Lefroy Great expectations Jo...
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