Leading alternative lender to mid-sized businesses, ThinCats, has supported the largest independently owned greetings card publisher in the UK, Carte Blanche Greetings (CBG), with £2.3m CBILS funding to provide working capital. Founded in 1987 with a range of just 12 cards, Carte Blanche Greetings is now an award-winning creator, distributor and licensor of character-branded products, […]
Catherine Lewis La Torre, CEO, British Business Bank, said: “The Bank and our role within the UK economy has been thrown into sharp relief as we continue to work as a trusted partner of government to create the conditions for improved access to finance that will enable smaller businesses to stabilise, prosper and grow. “The […]
Paragon originally provided Global Broadcast with a £350,000 invoice finance loan package in 2018 to assist with cash flow. Earlswood-based Global Broadcast provides audio visual and broadcast equipment installations, cable prefabrication, consultations and solutions, primarily to the broadcast industry. Due to the ongoing coronavirus pandemic, Paragon was subsequently able to restructure the existing terms of […]
Haydock Finance has negotiated a £5m block discounting facility with Wesleyan Bank. During the height of the pandemic, Haydock maintained their commitment to supporting SMEs across all sectors which has resulted in a surge of asset finance applications. With net receivables exceeding £320m, Haydock has reported a 42% increase in new business levels for July […]
Specialist branded merchandise agency,HMA Creative, has secured a £1.35m funding facility from Independent Growth Finance (IGF), which combines a CBILS loan and confidential invoice discounting solution. The Aylesbury-based creative agency provides promotional marketing merchandising to some of the leading drinks brands in the UK, such asJameson Whiskey, Absolut, and Malibu. The team of product engineers, […]
Family fun restaurant Yamas Tapas and Meze opened in Nottingham in 2001. It’s so popular that owners, the Ktori family, had completed renovations to double its capacity just weeks before lockdown forced it to temporarily close. The restaurant applied to the government’s Bounce Back Loan Scheme through Santander UK for funding to help safeguard the […]
Arbuthnot Commercial Asset Based Lending (ABL) has provided fast-growth social housing renovations and maintenance specialists, PiLON Ltd. (PiLON) with a £3.5m funding package to drive further business expansion. Over the past two years, PiLON has seen its revenues more than double, putting significant pressure on an existing funding facility that was no longer able to […]
Aspen has completed a £1.5m, 75% development-exit bridge on two semi-detached newbuild homes in Hertfordshire, giving the client extra time to secure market value sales. With only snagging work remaining following delays caused by the Covid-19 pandemic, the developer was looking for a capital raise on the site whilst extending the marketing period of the […]
One of Manchester’s most iconic music venues has secured its future with the support of a six-figure funding package from Lloyds Bank. Based in the Northern Quarter, Band on the Wall has a musical history spanning more than 200 years and has hosted performances from the likes of Joy Division and Buzzcocks. Alongside being a […]
Ravensworth Nurseries in Richmond, North Yorkshire is investing £1.1m in developing an upmarket retail garden centre to enhance its already successful plant nursery with funding from Reward Finance Group. Having been established for more than 50 years, the family-run business, which is the largest grower of Poinsettias in the North of England, has developed an […]
