Middlesex veterinary surgeons, Willett House, is continuing to thrive and support local pet owners with the help of a six-figure funding package from Lloyds Bank. The £840,000 loan from Lloyds Bank has funded the refurbishment of its Staines practice and the purchase of a CT scanner, advanced technology which is usually only available via a […]
Dexam International Ltd has secured a £1.6m asset-based lending facility from Arbuthnot Commercial Asset Based Lending (ABL) to support its future growth plans and drive further operational efficiencies. The flexible funding package comprised a £1.1m confidential invoice discounting line and a £500,000 revolving stock facility. Dexam International is a family run company that has been […]
Coventry-based Dunlop Systems and Components is a high profile, international business established in 1890. They design and manufacture advanced electronic control systems and air suspension components, specialising in supplying top quality products and systems to the automotive and ancillary industries. Their team are experts in air suspension products at component level up to fully integrated […]
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has approved a US$5m Murabaha Financing Facility in favour of Bank of Maldives to support the Bank’s private sector businesses, particularly SMEs importing raw materials from the international markets. Bank of Maldives is the first partner institution in the Maldives […]
Printing company, The Droitwich Sign & Print Co, are celebrating the launch of a new product which businesses will use to keep customers and employees safe during the Covid-19 pandemic. The new Eezi Wipe Menu, designed as a result of the pandemic, can be wiped clean with disinfectant after each use, allowing restaurants to maintain […]
A picturesque Herefordshire wedding and events business is expecting to bounce back once government restrictions on large gatherings are lifted, after support from The Agricultural Mortgage Corporation (AMC). Crumplebury, a purpose-built, state-of-the-art events venue and hotel, has seen its entire spring / summer wedding schedule disrupted due to Covid-19. The £3m development backed by AMC […]
Only 8 years after the company was launched, Capital on Tap has reached a new milestone – £2bn lent to over 120,000 small businesses and the self-employed across the UK. The news comes only a year after the company announced their first £1bn lent to UK SMEs. In times of economic uncertainty, it’s vital companies […]
Northern Fire Solutions has secured a £200k Coronavirus Business Interruption Loan Scheme (CBILS) loan from specialist social impact lender GC Business Finance (GCBF) to fund its growth following a period of lockdown due to the coronavirus pandemic. Before lockdown, the fire door and fire screen manufacturer planned to increase efficiencies by closing its site in […]
Paragon Bank has provided a £300,000 Coronavirus Business Interruption Loan (CBILS) to the UK’s largest provider of sliding sash windows, Victorian House Sales Ltd. The loan has enabled Victorian House Sales Ltd to recover from cash flow issues, which arose from having to shut down all business for several weeks during the pandemic. The loan […]
A mother and daughter who invested their life savings in a bid to bring a touch of glamour to the residents of a South Yorkshire village have seen bookings increase four-fold since July as residents clamoured to chop their lockdown locks down to size. Experienced hairdresser Anna Wesley and her make-up artist daughter Robyn, were […]
July 31, 2020
Edition 286 – June/July 2020
More questions than answers By David Grosse, of Number Eight Business Finance...
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