Specialist business property adviser, Christie & Co, has announced the sale of Hillcrest Pharmacy in West London. Hillcrest Pharmacy is a standard hour pharmacy which dispenses an average of 4,851 items per month. It is ideally located in the affluent West London area of Holland Park. The business was previously owned by Mrs Ila Patel […]
Paragon Bank has provided a £785,000 finance package to support the acquisition of Exeter-based logistics business, STR Logistics, following the retirement of the owner. STR Logistics specialises in distribution, contract management, logistic and supply chain solutions, tail lift delivery and secure high value freight handling. The deal was brokered through Ignition Credit, a leading UK […]
The Robot Exchange has secured a significant £500k investment from leading private equity investment firm, Foresight Group, through the Midlands Engine Investment Fund (“MEIF”). The Nottingham-based business supplies Robotic Process Automation (“RPA”) software and services to deliver efficiencies to businesses, helping them streamline and automate their processes via robotic infrastructure. The funding will be used […]
Aldermore bank has provided a £750,000 Construction Finance facility to NP Services Ltd, a family run metal fabrication specialist. Based in Leicester, the company design and produce high quality metal products for the food and hospitality industries. The business needed funding to fulfil a £1m contract to a major player in the food fit-out industry […]
Santander UK and NatWest are supporting UK-based software management solutions company Ideagen with a funding package worth up to £100m to support its growth strategy. The package comprises a three-year revolving credit facility split evenly across the two banks. £75m of the package is committed and there is scope for a further uncommitted £25m to […]
Bolton-based J Dickinson & Sons is a family-owned commercial and domestic skip hire company offering recycling and waste removal services throughout the North West. What started out as a horse and cart haulage service more than 80 years ago, has grown into a 17-acre recycling village based at Rivington View Business Park, Horwich, near Bolton, […]
Ski instructor marketplace, Maison Sport has completed a new round of funding, achieving a raise of £1.25m, following collaboration with a collective of investors, alongside a Seedrs crowdfunding campaign. Over the past six months, the business has secured further funds from their existing advisory board members Kevin Byrne, Founder of Checkatrade.com and serial entrepreneur Lorenz Bogaert, […]
Bumper, a rapidly growing automotive aftersales payments platform, has secured a £10m flexible working capital facility from Secure Trust Bank Commercial Finance to support growth. This initial funding will be used to support continued expansion and growth across the UK, with the flexibility to increase alongside Bumper in the future. Bumper, based in London, is […]
LendInvest, the UK’s leading platform for property finance, has partnered with Homes England to finance the development of 400 affordably priced apartments in Ashford, Kent. The scheme is to be developed by Kings Crescent Homes and has an expected GDV across two phases of over £90m. With planning already in place and a cleared site, […]
A popular dentist from Leeds has opened his second practice thanks to six-figure funding from Unity Trust Bank. James Cooper, who took over Briggate Dental in the city centre in 2017, has used an £800,000 refinance package to purchase Langdale Dental in Headingley because of the increasing demand for his services. With more than 4,500 […]
20/04/2021
Edition 291 – March/April 2021
Receivables 2020 The 24th annual Business Money report on the UK invoice fina...
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