Fintech firm’s mission is to make hedging FX risks easy and affordable Investment values business at €30m as Davy appointed to lead Series A round 15 staff recruited in past 12 months with plan to add at least the same again in 2021 Client base doubles in 2020 as company thrives despite pandemic Irish foreign […]
As demand for UK staycations increase, family-owned Lakes Carpet Cleaning Solutions, are in a strong position to capitalise on the surge in new business opportunities having secured a six-figure funding line from Time Finance. Lakes Carpet Cleaning Solutions specialise in carpet and upholstery cleaning to hotels and holiday homes across the Lake District. However, like […]
Chartered Accountants Wylie & Bisset has engaged umbrella organisation The Professional Partner Network (TPPN) to augment the range of specialist expertise and advice it provides to the hospitality sector, following the recent appointment by TPPN of senior hospitality experts Christine Oxford and Derek Hough. Oxford has worked with some of the UK’s largest pubco groups, […]
#3rdgen lender, Octane Capital, today announced it has completed a £900k bridging loan for a client of Mortgages for Business in just four working days. The client, an experienced property developer, is currently building nine houses in Kent, of which six are complete and the other three set to be finished before August. The borrower’s […]
Allica Bank has partnered with national, commercial law firm, Freeths LLP, as it continues to drive lending speed and improve transparency for brokers and SME customers. The legal firm’s expertise and additional operational capacity will help improve lending efficiency at the bank as it aims to support UK SMEs with the funds they need to […]
Global survival and safety solutions leader, Survitec, announced today that it has completed a £27.5m Super Senior Revolving Capital Facility (RCF) with Santander UK. This new facility is in addition to the recently finalised £270m refinancing announced by the company in April. Both agreements support Survitec’s growth plans for its survival technology products and services. […]
Specialist asset-based lender Ultimate Finance delivered over £30m of new funding to businesses in May, helping many of them through the impact of the pandemic and into recovery and growth following lockdown restrictions continuing to ease. As well as the lender hitting record new business levels, they also reported overall funds in use of over […]
Dutch blockchain investment fund Maven 11 Capital is taking a big step in decentralized finance (DeFi), an infrastructure built on blockchain technology, and establishing the future of financial services. With its second fund, Maven 11 has raised € 40 million in record time, funds which it will invest in start- and scale-ups creating innovative financial […]
Growth: 63% of firms surveyed confident in their growth prospects over next 12 months Restarting: 53% already operating at pre-pandemic capacity; 80% expect to be by October Barriers: 38% cited further lockdowns as a barrier to re-opening, while 37% cited ongoing social distancing measures Finance: 44% believe access to finance will help overcome the remaining barriers […]
Arbuthnot Latham & Co., Ltd (“Arbuthnot Latham”), the private and commercial bank, has provided Zamek Group with a £39.5m funding facility to refinance the Group’s residential portfolio. The portfolio includes a diverse collection of residential properties and rental income. It is one of the largest property refinance deals Arbuthnot Latham has completed. Founded in 1994, […]
