Top independent London based records management service, Secure Data Management Ltd, has been supported by ThinCats, the leading alternative finance provider to mid-sized SMEs with a £1.9m acquisition funding package to acquire The Chatham Archive & Document Storage Company Ltd. Secure Data Management specialises in providing offsite storage services to some of the UK’s best-known […]
Supply@ME (LSE:SYME), the innovative fintech platform which provides a unique, market leading Inventory Monetisation© service to manufacturing and trading companies, announced it has entered into a Subscription Agreement with Negma Group Ltd, a leading innovative investment fund for small and mid-cap companies, for the issue of an initial tranche of £5.6mn of Convertible Loan Notes. […]
Enterprise Finance, one of the industry’s most experienced specialist brokers, has completed a bridging loan in a rapid turnaround of just five hours. The quick completion helped a couple who risked losing their new home. The client had a buy-to-let property for sale and was planning on using the funds to purchase a house to […]
UK Finance today releases its 2021 Payment Markets Report, an analysis of all forms of payments over 2020 showing the impact the Covid-19 pandemic and resultant lockdowns had on the nation’s payments behaviour. For the first time in six years, the total number of payments in the UK declined, falling by 11% to 35.6bn. While […]
Boe House, the owner of Baby Box Shop, has significantly expanded its business after receiving a £160,000 funding package from Rosebud Finance, Lancashire County Council’s investment vehicle delivered by GC Business Finance, in June 2020. The Lancashire business, based in Thornton, sells pre-filled and ready-made gift boxes for babies and parents, helping to reduce stress […]
Dale Power Solutions has secured a £7.8m finance package which is set to provide a major boost to the firm’s significant growth plans. The business is a national provider of emergency power solutions which includes the manufacture of uninterrupted power generation systems (UPS) and ancillary emergency power products. In 2018 there was a secondary buyout […]
Tradewind Finance has reached an agreement with a laser equipment company in Guangdong that sells to Germany, Britain, Italy, and Poland, among other countries. The export factoring arrangement will support open account terms of up to 120 days with the company’s customers. As a traditional trader, the company offers various brands of laser cutting machines. […]
According to the results of the latest “Payment Practices Barometer” survey conducted in Asia by Atradius, 60% of the B2B invoices on credit in the United Arab Emirates (UAE) were not settled on time, which is significantly higher than the 50% average for Asia as a whole. On average, it took businesses 40 days to […]
Cynergy Bank – the human digital bank which is committed to providing the high tech, high touch banking solutions for SMEs seeking to scale up and drive economic growth – has reported significant improvements in its financial performance for the year ending 31 December 2020 against a difficult pandemic backdrop. The income statement can be […]
Private capital investments in Spain reached a record volume in 2020, totalling €6.27bn, a growth of 33% of the volume reached in 2019. However, in this booming sector, diversity does not move at the same pace: while many of the jobs that are not directly related to investment (administrative tasks, investor relations and platform) are […]
15/06/2021
Edition 292 – May/June 2021
Adios Amigo By Business Money group editor Robert Lefroy So much happening on...
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