ThinCats, leading alternative finance provider for mid-sized SMEs, has provided FIRSTavenue, a market leader in global private fund placement, with a multi-million refinance facility. Founded in 2006, FIRSTavenue is a leading global advisory and capital placement business focused on private funds, private companies and private secondaries. The firm was set up to specialise in private […]
A 19th century Hampshire pub is expanding into holiday lettings to increase revenue with the support of a six-figure loan from Lloyds Bank. The Northbrook Arms, the only pub in the village of East Stratton, Winchester, was purchased from Lord Northbrook by Kate and Adam Shanley in 2019. With a background in holiday accommodation letting […]
The institutionally-backed development and bridging lender Atelier Capital Partners has funded more than £100m of loans since launch. Atelier, which specialises in short-term finance for professional residential developers and SME property companies, reached the milestone after posting its strongest ever quarter – £35m lent in the last three months of 2020. The lender’s record-breaking performance […]
Arbuthnot Commercial Asset Based Lending (ABL) has completed a £1.25m funding facility to support the acquisition of Summit Engineering by Threesixty Holdco 3 (Threesixty) in a management buy-in (MBI) transaction. Arbuthnot Commercial ABL previously supported Threesixty in its acquisition of Sheffield-based precision engineering company Pen Cutting Tools in October 2019. Established in 1955 as a […]
Aigen im Ennstal. Specialist business property advisor, Christie & Co has secured a new owner for the renowned 5-star hotel Pichlarn castle in the Austrian Alps. Well-known hotelier, Georg Imlauer has acquired the hotel through his hotel group, IMLAUER Hotel & Restaurant GmbH. Following 13 years of ownership, the German Schörghuber Group castle hotel in […]
Asset finance specialist Haydock Finance has announced a new block discounting partnership with investment manager Downing LLP. The new block discounting facility will enable Haydock to broaden their reach to a wide range of UK SMEs, providing hire-purchase, leasing and refinance for business assets to firms wanting to invest and grow. Throughout the pandemic, Haydock […]
The Co-operative Bank has announced it has renewed its partnership with The Hive, a support programme for the UK’s co-operatives, delivered by Co-operatives UK. The Hive, which The Co-operative Bank has supported with a total investment of £1.7m since 2016, has helped over 1,000 co-operatives and groups with support including direct business advice, workshops, training […]
Specialist business property adviser, Christie & Co, has announced the sale of a pair of nursing homes – Daleside Nursing Home in Birkenhead and Riversdale Nursing Home in West Kirby. Both homes are profitable and well-run converted nursing and residential facilities, which have been thoroughly refurbished and extended to provide excellent care for their service […]
British Business Investments (BBI), a commercial subsidiary of the British Business Bank, has completed a commitment of €40m to the first close of Harbert/Claret European Growth Capital Fund III. Other investors include the European Investment Fund. The fund will provide growth debt to early stage, fast growing, technology focused smaller businesses in the UK and […]
Holding years of experience in the food industry and having previously run their own businesses, husband and wife duo Richard Evans and Hazel Thetford, have acquired the well-known Coach House Coffee Shop in New Romney, Kent with funding secured by specialist commercial finance broker, Christie Finance. The couple look to embark on a journey of […]
