Nucleus Commercial Finance, one of the specialty lenders which manages several loan portfolios for Prestige Funds, has been accredited by UK government owned British Business Bank as a provider of GBP 200 / USD 270m in loans under the Coronavirus Business Interruption Loan Scheme (CBILS). This tranche of capital is being provided by two large […]
With lockdown 3.0 well underway, Watts Commercial Finance Scotland team were delighted to have secured funding offers this week alone totalling over £700,000 for three clients with all facilities being fully approved less than 7 days after being submitted. A very promising sign for the strength of the Scottish economy, this funding amongst all the […]
RevGlue, a platform that enables affiliates and online publishers to easily monetise their websites, blogs, mobile apps and social channels, has secured investment of £300k from GC Angels and Admitad to scale up its sales and marketing activity in the UK. Based in Didsbury, Manchester, RevGlue has spent the last three years building a range […]
Figures released today by the Office for National Statistics (ONS) make grim reading for retailers, revealing a slump of -1.9% in the volume of sales during 2020 when compared to 2019. That is the largest year-on-year fall on record. In contrast, the value of online sales played its part in preventing an even greater disaster, […]
Specialist business property adviser, Christie & Co, has completed on the sale of Holmhurst Care Home, a well-established specialist care home in Southampton, Hampshire. The sale was funded through Christie Finance. Holmhurst Care Home is a large detached two-storey dwelling with a single-storey extension to the rear. The care home is registered for 16 service […]
While the largest housebuilders in the country are collectively sitting on a £3bn war chest thanks to the introduction of the Stamp Duty holiday, it is also at the other end of the spectrum that the construction and trade sectors have seen much needed cash injections. The booming housing market as a result of the Stamp […]
The latest research by lettings and estate agent, Benham and Reeves, has revealed which rental property features are currently the most in-demand amongst UK tenants. Benham and Reeves looked at tenant demand across 23 major UK cities, analysing thousands of rental market listings for property features including gardens, garages, balconies, a concierge service, pet-friendly properties, […]
A new report by technology-focused investment bank ICON Corporate Finance, has revealed that despite Covid causing a 50% year-on-year collapse in Tech M&A activity in the second quarter, a remarkable bounce-back led to a spate of M&A activity in businesses focussed on Digital Transformation, resulting in a near record final quarter, boding well for 2021. […]
Footwear wholesaler, D. Jacobson & Sons Limited, secures a £7m ABL facility from Independent Growth Finance (IGF). As a branded operation the company saw large opportunities for growth within their portfolio. The Lancashire based seller required additional working capital resource to expand into new international markets and invest in online technology to support progression during the pandemic and beyond. Jacobson Group’s expertise […]
Funding Xchange (FXE), the finance platform powering MoneySuperMarket’s business funding channel, and the UK’s fastest growing business support provider, Enterprise Nation, are joining forces to support small businesses and start-ups with financial support. The partnership will provide users with access to free online resources, a tool to help businesses identify and access funding solutions, and […]
