Applications also hit all-time quarterly high since launch in 2017 #3rdGen lender, Octane Capital, today announced that Q3 2020 was its biggest quarter for completions yet since launching in 2017. The number of completions recorded between July and September 2020 was up 125% on the same period last year, and 158% on Q2. Octane also saw a 190% increase in applications […]
Alternative finance provider, Reward Finance Group, has delivered a record £3.45m deal as it celebrates its tenth birthday. The Business Finance deal, which was concluded in less than a week, was used by a client to refinance more than 70 commercial and residential properties. It brings the total amount lent by Reward Finance Group to […]
Valley View is a residential care home which provides personal care for old age, including those with dementia. It is registered for 59 service users and comprises 59 single bedrooms, all of which have en suite shower facilities. Built by its previous owners Rex Develop Ltd in 2010, the home sits in a purpose-built, modern, […]
Churchill Plant Engineers, an expert in construction machinery maintenance, has received a £40,000 loan from the Rosebud fund, managed by GC Business Finance, to hire new engineers and support the firm’s future growth. Based in Burnley, Lancashire, Churchill Plant Engineers offers a comprehensive parts and repair service for the construction industry across the UK. The […]
Social Platform Licklist is widening its market with the rebrand of its b2b arm to Booked it ahead of a £1.75m funding round. Licklist was founded in 2015 with a focus on the nightlife industry, providing solutions for organising a night out. The platform has over 600,000 users, annual gross sales over £6m and 6000 […]
Arbuthnot Latham has provided more than £23m of refinancing to help the private real estate investment firm, Castleforge Partners with current and future value-add opportunities. Since it was founded in 2010 by Brandon Hollihan and Michael Kovacs, Castleforge Partners has invested over £1bn throughout the UK and Europe and has consistently generated returns above expectations […]
Having completed a management buyout just one month before, new CEO David Edwards and his management team faced a crucial challenge that would have an immediate impact on 90% of their business; the closure of all schools as a result of the Covid-19 pandemic. Arbuthnot Commercial ABL acted quickly to deliver an injection of working […]
Paragon Bank has continued its support for UK companies impacted by coronavirus, providing a £125,000 Coronavirus Business Interruption Loan (CBILS) to Reading-based access solutions provider, Southern Tower Services Ltd. Southern Tower provide working at height solutions, including scaffold towers, to businesses across the South. With the building industry severely impacted during the peak of coronavirus, […]
Norfolk-based independent housebuilder Abel Homes is seeing a renewed surge in demand for its properties following the support of a £3m green funding package from Lloyds Bank. Located in Watton, family-owned Abel Homes has been building new-build properties across the county for more than 30 years. The seven-figure residential development loan from Lloyds Bank was […]
The business is located on a vibrant high street in the attractive and sought-after market town of Helmsley, with a range of boutiques and independent shops nearby. In addition to a standard convenience store offering, the well-fitted store stocks quality local produce from farmers, such as soups and butchery products as well as fresh fruit […]
