The past 12 months have presented unprecedented challenges for small businesses. Many have undergone severe hardship during the Covid-19 pandemic, and some have closed completely. Even in this harshest of climates others have been able to keep trading, start up or even thrive. The British Business Bank’s Start Up Loans programme has issued £100m of […]
BREAL Zeta provides £16m ABL facility to support the acquisition of Evtec Automotive out of administration, saving 100 jobs and creating up to 50 more BREAL Zeta has structured and delivered a £16m asset-based lending (ABL) facility to enable David Roberts, industrialist and former group chairman of Arlington Industries until 2014, to acquire Arlington Engineered […]
With lockdown 3.0 well underway, Watts Commercial Finance Scotland team were delighted to have secured funding offers this week alone totalling over £700,000 for three clients with all facilities being fully approved less than 7 days after being submitted. A very promising sign for the strength of the Scottish economy, this funding amongst all the […]
RevGlue, a platform that enables affiliates and online publishers to easily monetise their websites, blogs, mobile apps and social channels, has secured investment of £300k from GC Angels and Admitad to scale up its sales and marketing activity in the UK. Based in Didsbury, Manchester, RevGlue has spent the last three years building a range […]
Specialist business property adviser, Christie & Co, has completed on the sale of Holmhurst Care Home, a well-established specialist care home in Southampton, Hampshire. The sale was funded through Christie Finance. Holmhurst Care Home is a large detached two-storey dwelling with a single-storey extension to the rear. The care home is registered for 16 service […]
Moore Kingston Smith LLP, the London firm of the Top 15 Moore UK network of accountants and business advisers, is delighted to announce the acquisition of the audit and accounting business of Frank Hirth PLC, a top 35 UK accountancy and tax firm. The business includes Frank Hirth’s general practice audit, accounts and payroll business, […]
Footwear wholesaler, D. Jacobson & Sons Limited, secures a £7m ABL facility from Independent Growth Finance (IGF). As a branded operation the company saw large opportunities for growth within their portfolio. The Lancashire based seller required additional working capital resource to expand into new international markets and invest in online technology to support progression during the pandemic and beyond. Jacobson Group’s expertise […]
Athlete Factory, a high-level fitness and sports performance company based in Chester, has received a six-figure NPIF loan backed by CBILS from NPIF – BSF & MSIF Microfinance, managed by specialist social impact lender GC Business Finance and MSIF and part of the Northern Powerhouse Investment Fund (NPIF). Founded by Phil Greening, a former English […]
A Barnsley-based entrepreneur who found himself facing redundancy during the first national lockdown has become the 1000th recipient of a Start Up Loan delivered by alternative lending provider Finance For Enterprise. Richard Adlington took the plunge into self-employment after carving out a successful career with a leading commercial catering equipment company. During his twenty years […]
Specialist business property adviser, Christie & Co, has announced the sale of Hessle Pharmacy in Hull, to young pharmacy group, Origin Management. Funding for the sale was sourced through Christie Finance. Hessle Pharmacy, established in 1996, began as a small community pharmacy which quickly developed into a viable business dispensing an average of 12,000 items […]
