Virgin Money is launching sustainability-linked loans (SLL) for all UK companies. The SLLs, available in late Spring, will reduce the cost of finance for those businesses whose core activities proactively help the economy transition to a more sustainable model. Virgin Money is the first bank in Europe to offer such loans in commercial banking. The […]
ThinCats, leading alternative lender to mid-sized businesses, has supported specialist care provider, The Jon Fleming Group Limited (JFG), with a seven-figure funding package to support an MBO and additional funding availability for future acquisitions and growth. The Jon Fleming Group incorporates four established specialist care services companies, providing bespoke complex care services to a wide […]
Marble Arch Investment Group, a company that owns and operates Pentwyn Care Nursing Home in Cardiff and through its sister company a residential home in Derbyshire, has received a Coronavirus Business Interruption Loan Scheme (CBILS) facility loan from Cynergy Bank. Delivered through British Business Bank accredited lenders, CBILS is designed to support the continued provision […]
#3rdgen lender, Octane Capital, today announced that it has been appointed to the panel of SimplyBiz Mortgages. With immediate effect, SimplyBiz Mortgages members will have access to Octane Capital’s unique ‘zero stress-tested’ medium-term buy-to-let products and its full ‘product-less’ short-term proposition, covering bridging, refurbishment and developer exit loans. Martin Reynolds, chief executive, SimplyBiz Mortgages, commented: “Octane […]
Procam Take 2, Europe’s largest digital cinematography and motion picture equipment hire company, has secured a £7m refinance facility from Arbuthnot Commercial Asset Based Lending (“ABL”) to generate ongoing working capital for new projects, in addition to further CapEx investment in equipment to fulfil demand as the business grows. The complete facility comprised of an […]
Recycle IT, IT disposal, recycling and asset management service provider, has recruited five new engineers and sales staff and strengthened its recycling facility in Burnley, enabling it to meet increased demand and continue with its strong growth plans. The firm refurbishes, reuses and recycles IT equipment, focusing on reducing the environmental impact of electronic waste. […]
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has been integrated across its proposition by the F4B Network. The F4B network opted for OMS after an extensive review period and this integration will allow Appointed Representative (AR) firms access to OMS’ all-encompassing CRM system and full workflow solution. The […]
Just Cashflow is introducing a new and enhanced Portfolio Builder facility designed to enable professional property investors and developers to play to their strengths. Professional property investors are opportunistic by nature and they know they have to move quickly when they find the right deal. Often securing traditional finance facilities can be the deal breaker […]
Enthuse, the donations, fundraising and events platform, today announced it has secured £3.5m investment in its Series A funding round led by Praetura Ventures, the venture capital fund that targets early-stage businesses in high-growth sectors. Co-investors included a consortium of existing investors to the business. This brings the total funding raised by Enthuse to £7.5m. […]
Shawbrook Bank has provided a revolving credit facility to 4Syte Structured Finance, a Chelmsford-based lending institution and part of the 4Syte Group of companies, to support the growth of its secured SME loan portfolio. The wider 4Syte Group was founded in 2016 and is one of the UK’s leading secured SME lenders, covering a wide […]
