A first-time buyer requiring maximum leverage to purchase an off-plan, new-build flat in London and save their initial 10% deposit has been backed by Aspen Bridging. The bridge, completed for £460k at 74% LTV, was for a seventh floor apartment in the Fulham Reach Development which will operate as the applicant’s inaugural but-to-let investment. The […]
Specialist business property adviser, Christie & Co, announces the sale of Roche Pharmacy in the village of Roche, near to St Austell in Cornwall. Roche Pharmacy is a community pharmacy which dispenses an average of 7,000 items per month and offers an array of over the counter products. The business also benefits from additional income […]
Antser, an innovative business support and transformation services provider to the social care, health and education sectors, has been supported with £4.15m funding through leading alternative lender to mid-sized businesses, ThinCats. Formed by the merger of several social care businesses in 2018, with a goal to achieve positive change across its core sectors, the company […]
Independent Growth Finance (IGF), a leading independent asset-based lender, has so far provided £65m of new lending since lockdown began. IGF was one of the first ABL lenders to become accredited on the Coronavirus Business Interruption Loan Scheme (CBILS) in April. Providing much needed financial support to both new and existing clients during this challenging […]
Fiduciam, the institutionally funded short-term lender, expects to receive at least another £200m of requests for Coronavirus Business Interruption Loan Scheme (CBILS) loans between now and the new scheme closure date of the 30th November. Fiduciam has already received £430m of loan requests since it became an accredited CBILS lender two and a half months […]
Multi-specialist bank Leumi UK supports the regeneration of Rockingham Speedway into UK’s premier automotive logistics hub London: Leumi UK, the London-based subsidiary of Israel’s leading international bank, has provided a £33m three-year term loan to assist with the redevelopment of Rockingham Motor Speedway. The ambitious project sees the repositioning of a 340-acre race track and […]
A multi-million pound management buyout (MBO) backed by Thincats, leading alternative lender to mid-sized SMEs, has taken place at Yorkshire-based specialist Recycling & Haulage Contractor, Robinson Contract Services Ltd. Robinson Contract Services (“RCS”) is based in Brandesburton, near Driffield and was founded by Cliff Robinson in 1942 and has grown to become one of the […]
A kitchenware manufacturer in Worcestershire has been able to tap into a significant uplift in home cooking during lockdown, with the support of a funding package from Lloyds Bank. Planit Products, which produces a diverse range of innovative cookware and homeware products at its site in Malvern, saw its monthly sales figures increase by as […]
BREAL Zeta has recently supported the acquisition of Oak Furnitureland with substantial new funding, backing the management’s business plan to secure the retailer’s future and save 1,500 jobs. The asset-based lending facility, totalling £25m for an initial term of 18 months, comprised a £20m inventory line and £5m cash flow loan. An investor bought out […]
Conister supporting companies in the green sector as the UK transitions to a low carbon economy Conister is also in the process of structuring a further loan of £5.5m Represents Conister’s ongoing strategy to support companies in resilient sectors in the wake of wider economic uncertainty Conister Finance & Leasing (Conister), part of Manx Financial […]
