Lender and investor news

16/12/2021

Assetz Capital facilitates £1.3m loan for Cheshire luxury homes development

Amor Homes Ltd has secured a £1.3m loan from specialist lender Assetz Capital (Assetz) to complete its luxury development in Cheshire. Having successfully built four luxurious homes in a semi-rural setting in South Cheshire the experienced developers are now exiting the development facility with Assetz through a £1.3m bridging loan. Although the building schedule had initially been disrupted at the start of the pandemic, the first boost to cashflow ensured that the project carried on throughout the various lockdowns. The scheme is providing high-quality family homes […]

16/12/2021

Praetura Commercial Finance provides Evtec Aluminium with a £11.4m multi-product funding package

Praetura Commercial Finance, the Manchester-based asset-based lender, has supported Evtec Aluminium’s acquisition of Liberty Aluminium Technologies with a £11.4m facility. Praetura Commercial Finance structured and delivered the £11.4m asset-based lending (ABL) facility to enable David Roberts, chair of Evtec Aluminium, to acquire factories in Coventry and Kidderminster which produce aluminium castings. The acquisition, which will […]

15/12/2021

DigitalBoost support helps Stirlingshire hypnotherapy practice ‘change for good’

A hypnotherapy business has been able to invest in critical equipment and implement new ways of working after accessing help and funding through DigitalBoost, Scotland’s national digital upskilling programme, delivered by Business Gateway. Change for Good Therapies was launched in 2019 by hypnotherapist, nurse, and lecturer Liz Cornwallis. Originally inspired by the transformation hypnotherapy brought to her […]

15/12/2021

MBE Manchester Expo to host the FIBA Annual Conference in 2022

Specialist property finance trade body, FIBA and Mortgage Business Expo (MBE) have announced a partnership which will mean that the FIBA Annual Conference will, in future, be held as part of MBE North at Manchester Central, the new northern venue for MBE. The first event takes place on March 22nd 2022. Mike Mikunda, director of MBE, […]

15/12/2021

Arrow Global launches Bergen Finance to enter short-term real estate lending in UK

Arrow Global, a leading European investor and alternative asset manager in credit and real estate, today announces the launch of Bergen Finance, a new dedicated bridging loan business dedicated to the UK short-term real estate lending market. Bergen Finance will seek to take advantage of a market which has grown by over 400% since 2013 to over […]

15/12/2021

Private equity firm Growthdeck to lead funding round for high fashion eyewear

High fashion eyewear brand Kirk & Kirk is looking to raise new capital to launch a premium sunglasses range through Growthdeck, the private equity firm. The company has seen 40% revenue growth in the last 12 months despite the pandemic. Kirk & Kirk believes revenues could grow at a compound annual rate of 50% over […]

15/12/2021

S&P: UK banks show balance sheet resilience in latest stress test

The Bank of England’s latest stress test showed that the UK’s largest financial institutions have robust balance sheets and are resilient to potential stress–including a further escalation of the Covid-19 pandemic. The U.K.’s seven major banks and largest building society, which passed the stress test, exceeded the capital and leverage hurdles set in the exercise, […]

15/12/2021

Open Banking – BR-DGE and MoneyHub partner to drive mass adoption

Payment orchestration provider BR-DGE has formed a strategic partnership with market-leading Open Data and payments platform Moneyhub to accelerate the use of Open Banking payments to provide a new seamless digital way to pay. BR-DGE will integrate Moneyhub’s Open Banking technology into its platform, which acts as a single point of integration for a world […]

15/12/2021

S&P: Global banks back on course

The global banking sector is back on course. Ratings trends have stabilised in 2021 and S&P Global Ratings thinks this will continue in 2022. Net rating outlooks have improved significantly, from negative 31% in October 2020, to positive 2% in November 2021. About 74% of banks are on stable outlook, with 12% on negative outlook, […]

15/12/2021

Leigh Dental Practice in Enfield sold

Specialist business property adviser, Christie & Co, has announced the sale of Leigh Dental Practice in Enfield, North London. Leigh Dental Practice is a mixed income business with two fully plumbed rooms offering significant potential for additional surgeries and greater capacity. It occupies a semi-detached property on the corner of a residential road in the […]

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Assetz Capital facilitates £1.3m loan for Cheshire luxury homes development

Praetura Commercial Finance provides Evtec Aluminium with a £11.4m multi-product funding package

DigitalBoost support helps Stirlingshire hypnotherapy practice ‘change for good’

MBE Manchester Expo to host the FIBA Annual Conference in 2022

Arrow Global launches Bergen Finance to enter short-term real estate lending in UK

Private equity firm Growthdeck to lead funding round for high fashion eyewear

S&P: UK banks show balance sheet resilience in latest stress test

Open Banking – BR-DGE and MoneyHub partner to drive mass adoption

S&P: Global banks back on course

Leigh Dental Practice in Enfield sold

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