Southern Aqua Seafood (SAQUA), a leading European frozen seafood importer based in Wiltshire, is set to continue to expand its business offering across Europe after receiving a £1m facility from Cynergy Business Finance. Committed to supplying the finest quality seafood from a global network, SAQUA helps to bring a network of trusted fisheries to the […]
LiveMore Capital has secured a credit facility of up to £250m from Citi taking total funding raised by the lender since inception to nearly £600m. Set up in in 2020 as a mortgage lender to support the 50 to 90+ age segment, this new financing will enable LiveMore to increase loan originations and grow its […]
Independent working capital provider, Bibby Financial Services (BFS), has supported major drainage services company NRC Waste Water Solutions (NRC WWS) with a £3m asset based lending (ABL) package comprised of asset finance and invoice finance. The funding facility will enable its North West based founder to buy back the business he previously sold in 2018, […]
Innovative sustainable technologies business, Etesian Green, is set for yet another strong year of growth in 2023, with the help of a £250,000 facility from Cynergy Business Finance. This facility complements the additional facilities already provided to the other entities within the wider Etesian group. Based at locations in Southport and Surrey, the business provides […]
FRP Corporate Finance has advised Wolfson Brands, a specialist sports nutrition ecommerce business, on its sale to global wellbeing and lifestyle ecosystem, The Original Fitness Factory. Wolfson utilises its in-house brand development team to create and commercialise its own brands and then sells its branded products globally, primarily through FanFuel, Wolfson’s proprietary affiliate marketing network. […]
UK Export Finance (UKEF) has provided £900,000 of support to Atlancis, a Kenyan cloud services company, enabling it to forge a new relationship with UK exporter Vespertec to unlock growth opportunities in Africa. A Standard Buyer Loan Guarantee was offered by UKEF to guarantee an export credit loan from Apple Bank, supported by its UK […]
Time Finance and Goodman Corporate Finance are pleased to announce that they have delivered £2m of funding support to a growing site logistics and labour supplier in the South East of England. Goodman Corporate Finance, the business’ financial consultant, was brought in to help the client find an alternative invoice finance provider after the relationship […]
The Kingmaker Group, a private equity firm specialising in engineering and manufacturing, has acquired Rowes Precision Products (Rowes) and Plating Technologies Limited (PTL), supported by a £1.4m invoice discounting facility from Cynergy Business Finance (CBF). Rowes is a turned parts manufacturer based in Derbyshire, specialising in precision turned and machines components. It supports industry by […]
Leading law firm Hill Dickinson has been ranked as the top legal adviser for M&A transactions in the North West for the first three quarters of 2022, according to a new report by Experian Market IQ. The announcement marks an increase in activity for the team, rising through the ranks from 4th spot in H1 […]
One of the UK’s largest independent distributors and processors of stainless steel, Stainless Steel Services Limited (SSS), has secured an invoice discounting facility from Cynergy Business Finance (CBF) to help manage a flexible cashflow. Founded in 1987, SSS is a Stainless Steel Service Centre based on the border between Birmingham and West Bromwich. The fully […]
30/01/2023
Edition 304 – December/January 2023
Those usual suspects By Business Money group editor Robert Lefroy TCA: Two ye...
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