The UK government has taken an equity stake in the fast-growing real estate investment platform Shojin through the conversion of a pandemic-era loan facilitated by the Future Fund scheme. The government-backed Future Fund was launched by the British Business Bank in 2020 to support emerging businesses during the Covid-19 Pandemic. It matched new private investors […]
SME manufacturers have invested £22m in technology, backed by Made Smarter’s trailblazing adoption programme in the North West. 300 businesses have now secured £6.5m matched funding from the government-funded, industry-backed initiative, adopting technologies as diverse as sensors, robotics, 3D printing and artificial intelligence (AI). These 350 technology projects, supported by £16m private sector investment over […]
A Caithness reindeer centre has successfully opened its doors after its director accessed expert support and guidance from Business Gateway, Scotland’s national business advisory service. Lichen Caithness is home to Sven, Levvi and Mr Antlers, who are the UK’s most northerly reindeer. The furry residents are the stars of the centre’s daily reindeer experiences, which […]
A Yorkshire-based property company, which specialises in buying homes for cash in just seven days, is eyeing further expansion having gained full shareholding ownership of the business after securing a £10.5m funding solution. The Property Buying Company based in Wetherby, is primarily utilising the facility provided by Reward Finance Group to buy out a London […]
A Lanarkshire based photography business, is going from strength from strength following support from Business Gateway. Branding by Zaria helps business owners enhance their brand and tell their story through the power of photography. Dubbing herself a ‘visual storyteller’, Zaria offers bespoke photography packages and branding clarity guidance to help other business owners increase their […]
Time Finance is pleased to announce the successful completion of a £900,000 asset based lending (ABL) facility which has been used to facilitate the management-buy-in (MBI) of established wastewater services provider Active Pump Services Limited. The multi-product facility, secured by commercial property, receivables and moveable assets, underscores Time Finance’s expertise in creating tailored financial solutions […]
A Lanarkshire business focused on delivering low-carbon construction services has successfully entered the B2B market after its two directors accessed expert guidance and signposting to funding from Business Gateway. Candid Construction Scotland Limited is a multi-trade construction company which offers a range of services, from foundations and civil work to the construction of various domestic […]
Responsible investor Downing LLP’s Property Finance Team has received a £75m sustainability-linked facility from HSBC. This complements the significant retail and institutional capital which Downing already has and is looking to deploy into the space. The additional funding will allow Downing to build on its strong track record in supporting SME developers nationwide. The loan […]
A Scottish heating, plumbing and bathroom supplier with branches located in Loanhead, Falkirk, Rosyth and Macmerry is now one of Scotland’s largest suppliers of plumbing, heating and bathroom products, after its owners received HR support and signposting to grant funding from Business Gateway. Launched in 2018, Heating, Plumbing & Parts (HPP) is a now a […]
The British Business Bank has published a list of 75 additional companies in which the Future Fund holds an equity interest, taking total equity holdings to 661 as at 30 September 2023. The rate of conversions in Q2 2023/4 remained consistent compared to the previous quarter, with 75 new additions. Similarly, the number of insolvencies […]
