A Warwickshire-based luxury hair and beauty salon that lost hundreds of bookings because of the coronavirus pandemic has reopened its doors to customers, after securing a loan from Lloyds Bank as part of the Coronavirus Business Interruption Loan Scheme (CBILS). The Spa Leamington, which provides hair treatments and luxury day spa packages to more than […]
Bibby Financial Services Ltd (BFS) has provided a £4m invoice discounting facility to the Bothongo Group UK, which has interests in the rapidly growing hygiene sector. The Bothongo Group has been active in the UK for ten years, represented by its InnuSceince brand. It will continue expanding its presence in the UK with further acquisitions […]
1pm plc, the AIM-listed independent specialist provider of finance facilities to UK SMEs, has supported a North West recycling firm with a £100,000 loan facility under the Coronavirus Business Interruption Loan Scheme (CBILS). AC Tyres Limited offers sustainable tyre disposal services across the UK. With two premises in Warrington and operating a large fleet of […]
The Northern Powerhouse Investment Fund (NPIF), delivered by British Business Bank, has facilitated over £21m of investment across more than 54 transactions in the Humber region. NPIF which has been investing since 2017, delivering equity finance, debt finance, and microfinance solutions ranging in size from £25,000 to £2m to businesses in the region is working […]
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has launched a new Trade Development Fund (TDFD) with an initial target capital of US$50 million to support trade development projects in member countries of the Organisation of Islamic Cooperation (OIC) and Muslim communities in non-member countries. The Fund is […]
A company that makes bespoke fitted furniture says that a six-figure funding package from Lloyds Bank means it will return from lockdown ready to capitalise on customers’ growing desire to work and socialise at home. Greater Manchester-based Bluebell Fitted Furniture was founded by directors Mike and Alison Reuben in 1992 and specialises in the design, […]
Lancashire County Council’s Rosebud Fund, which invests between £10,000 and £300,000 in businesses across the region, has reached a lending milestone of £2m. Since GC Business Finance was appointed to deliver the fund in July 2019, Rosebud has made 16 investments which have enabled businesses across Lancashire to expand and has directly resulted in the […]
The New Forest and Hampshire’s flagship county show has refunded all of its suppliers and customers after it was cancelled due to the coronavirus pandemic, with the support of a Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank. The event had been due to take place on the last weekend of July. The […]
Cotswolds-based garden products retailer Wildlife World has seen a 400% increase in online sales compared to this time last year, after securing a six-figure loan from Lloyds Bank. The Tetbury business initially experienced a sudden downturn in orders when garden centres were forced to close their doors in March and had to furlough almost half […]
Today the British Business Bank has announced that it has approved Fiduciam for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), and accredited BBVA under the Coronavirus Large Business Interruption Loan Scheme (CLBILS). New CBILS lender Fiduciam will be able to provide financial support to smaller businesses across the UK that are losing revenue […]
