A company that makes mobility equipment for organisations including the NHS and charities has secured a Lloyds Bank loan as it grapples with a slowdown in orders because of COVID-19. Quest88, whose products include equipment for children with cerebral palsy, has agreed a £200,000 funding package with the bank via the government’s Coronavirus Business Interruption […]
Nucleus Commercial Finance has provided a £1.3m facility to steelwork specialist firm Leyton Group, enabling the business to take on larger projects and expand across the UK. Founded in 2011, Leyton Group is a leading specialist in steel staircase design, manufacture and installation, currently operating mainly across London and the south. The business has completed […]
Independent SME funder, Bibby Financial Services (BFS), has provided a £6m funding facility to Bright Green Plastics Ltd, a plastic recycling specialist with over 100 years’ combined experience in the industry. The West Yorkshire business was established in 1992 as a subsidiary of the LINPAC Group Ltd, and in late 2019 they were acquired by […]
A funding deal to support the management buyout of a Scottish based provider of fire detection, security systems and TECS (Technology Enabled Care Systems) from a business in administration has helped save 51 jobs and life-saving services for vulnerable individuals across Scotland and the North of England. The Scottish and North of England management team […]
A Liverpool-based chemical technology company that is helping in the fight against dementia, cancer and respiratory illnesses has secured £2.25m in a funding round led by the VC firms Deepbridge Capital and Praetura Ventures. Liverpool ChiroChem (LCC), the developer and manufacturer of chemical components that are critical to the research and development of new drugs, […]
A Birmingham based charity is continuing to provide essential care and support to people with acute neurological motor disorders during the COVID-19 outbreak, after securing support from Lloyds Bank. The Foundation for Conductive Education in Edgbaston faced significant financial challenges due to the COVID-19 outbreak, with the cancellation of charity events and the loss of […]
One of the UK’s largest vehicle recycling businesses is set to continue supporting essential services clients, including Royal Mail, with the support of Lloyds Bank. Family-owned Charles Trent Ltd, which recycles more than 50,000 vehicles for parts each year, had seen a 70% fall in demand for its products with fewer people using the roads […]
Harley Street Dental Studio, a purpose built multi-disciplinary dental clinic, which provides general and cosmetic dentistry, smile makeovers, orthodontics and dental implants, has secured a finance package from Santander UK and the government’s Coronavirus Business Interruption Loan Scheme (CBILS). The seven-figure funding package will support the business, which has had to temporarily close following regulatory […]
Colchester based business Pallet Plus, which collects and delivers palletised freight and goods in the UK, Ireland and Europe, has agreed a working capital overdraft facility with Santander UK and the government’s Coronavirus Business Interruption Loan Scheme (CBILS) to support the business during the coronavirus pandemic. The company, which is a member of The nationwide […]
A Worcestershire-based specialist kitchen worktop manufacturer has been able to protect jobs and bolster its cashflow position during lockdown with the support of Lloyds Bank. Interfab, which operates a 13,000 sq ft manufacturing facility in Evesham, specialises in creating high-end acrylic worktops for both domestic and commercial kitchens. With installations and new contracts being paused […]
