A Bideford-based dairy business has achieved exponential growth in its first year of trading after securing significant contracts in both the UK and overseas, and launching new product ranges, with the support of a £1.6m funding package from Lloyds Bank. Millbrook Dairy Company, which was founded in 2019 by respected dairy industry experts, David Evans […]
Sheffield-based accountancy firm, Lishmans LLP, has secured a £250,000 funding package from NatWest as part of the Coronavirus Business Interruption Loan Scheme (CBILS) to support the future of the business and drive forward expansion plans. The funding has enabled the business, which provides business consultancy, accountancy and taxation services, to continue servicing clients and retain […]
A rapid £2,327,250, 73% loan-to-value bridging loan from Aspen has saved a customer’s £125k auction purchase deposit and provided additional funding on a part-finished development. Completed in just 15 days at 0.49% for six months on the lender’s stepped rate product, the deal brings together both a rapid auction purchase and finish-and-exit elements under one […]
A sea view hotel on the South Devon coast is to make way for a series of modern ‘staycation’ apartments in a £3.3m re-development project. Lantern Lodge Hotel, based in Hope Cove, Devon, will be replaced by 14 new modern apartments by Trinity Square Developments. Nine of the new units – which will provide guests […]
A Manchester giftware supplier has strengthened its financial standing with the support of a seven-figure funding package from Lloyds Bank. Based in Oldham, Widdop Bingham specialises in the design, import and export of home and giftware products for household name retailers. Having been established as a manufacturer of fine clocks and watches in 1883, the […]
Fintech business lender MarketFinance has secured an additional £50m from a range of investors including one of Israel’s largest asset managers, Viola Credit, to lend to UK SMEs under the HM Treasury and British Business Bank CBILS initiative. The announcement comes as MarketFinance launches a “unified application” process in which SMEs will, through one […]
The Board of Banking Competition Remedies Ltd (BCR) today publishes the fifth update from Pool A recipients, fourth update from Pool B and D recipients and third update from Pool C recipients, providing a summary of performance against their public commitments to the period 30 June 2020. The updates of those awarded, their original commitments […]
Revenues at Congleton-based refurbishment business, Interefurb Limited, have soared over the last quarter following a £50,000 Northern Powerhouse Investment Fund (NPIF) loan backed by CBILS from specialist social impact lender, GC Business Finance. The loan was provided by NPIF – BFS & MSIF Microfinance, which is managed by GC Business Finance and MSIF and part […]
Family-run business, Media & More, specialists in printing, branded workwear and website design, has secured a £35,000 Bounce Back Loan from Santander UK. Based in Reigate, Surrey, the business will use the funding to increase its service offering – including shop front signage and vehicle sign writing and increase its workforce to meet growing demand. […]
Buckshaw Bunnies Childcare was established in 2012 by Laura Ward and Annemarie Capper, who have more than 20 years’ experience working in childcare. In 2014, the business moved to Gelston Manor in Buckshaw Village and occupancy has grown to 99 children aged 0-5 years per day. In 2018 the business secured a £980,000 funding boost […]
