TiksPac, a business focussed on working with local authorities, businesses and people to create cleaner public spaces, has secured a six-figure Coronavirus Business Interruption Loan Scheme (CBILS) loan from specialist social impact lender GC Business Finance (GCBF). The loan has supported the business in creating six new jobs and pushing forward with establishing two distinct […]
Deal-making by large UK corporates is expected to continue at pace this year, with most executives planning mergers and acquisitions (M&A) activity in 2021, according to the 23rd EY Global Capital Confidence Barometer (CCB23). The appetite of UK executives for M&A activity in the next 12 months is high, with 57% of UK CCB23 respondents […]
Specialist business property adviser, Christie & Co, has announced the sale of The Essex Smile Centre in Rayleigh, Essex, to Dentex Healthcare Group Limited, one of the fastest growing dental corporates in the UK. The Essex Smile Centre is a hugely successful, multi award-winning, seven-surgery practice which has been providing Private and NHS patient care […]
#3rdGen lender, Octane Capital, today announced it has provided a £9m loan to facilitate the highly complex acquisition of a large mixed-use portfolio in Crystal Palace with over 60 different tenancies and 40 different titles. The mixed-use portfolio had been held and managed by the same owners for over 25 years and the sale involved […]
A property investor seized the opportunity to buy the family seaside cottage where he spent his childhood holidays with a £557,000 short-term loan from Together. Mathew Rees, 41, was able to buy his “ideal” holiday home, in St Ives, Cornwall, which was previously owned by his parents and where he’d stayed during holidays since he […]
UK-pump specialists, Hydromarque Ltd, is set for significant expansion following its acquisition by a specialist private equity backer. BCF Equity Partners has acquired Peterborough-based Hydromarque in a deal totalling £2.7m. Hydromarque is an exclusive UK distributor of Gorman-Rupp, Cornell and Wallwin pumps across a range of industries including water and food production. Following acquisition, BCF […]
Virgin Money is expanding its partnership with fintech data expert company, Life Moments, to focus on the development of the sustainability elements of the Virgin Money offer to its business banking customers. The agreement is the latest partnership from Virgin Money as it continues to develop its working capital health proposition, which will be launched […]
Landbay, one of the UK’s leading buy-to-let lenders, has today launched an innovative buy-to-let calculator that is unique to each specific Landbay product and client. This means intermediaries can advise their clients on the costs of taking out a Landbay buy-to-let mortgage with a greater deal of accuracy. The new innovative calculator is intuitive and […]
Castle Trust Bank has completed a £9.6m development exit loan, structuring a hybrid solution that combines a serviced loan and a bridge. The specialist lender worked together with Sirius Property Finance to complete the transaction which will enable the client to sell a proportion of the properties and retain the rest to let to tenants. […]
Leumi UK, the London-based subsidiary of Israel’s leading international bank, has provided a £12.8m loan to an investment fund advised by Elevation Advisors LLP on behalf of an international pension fund, to assist with the acquisition of a purpose built 66-bed care home in Leek, Staffordshire. Funding has also been agreed for future acquisitions by […]
