Wyelands Bank completes deal with stainless steel supplier to fund acquisition and growth Wyelands Bank, set up to help small and medium businesses, has completed a seven-figure asset-based lending deal with AD Bird Stainless Limited, a supplier of precision, specialist, stainless steel. The Wyelands Bank deal enables AD Bird Stainless to acquire AKM Steels, suppliers […]
For Sam Carmichael, a career in the wholesale timber industry has been a hugely successful one. After gaining over 15 years’ experience working for big industry players, Sam decided to go it alone by setting up his own venture, Carmichael International. Sam’s longstanding industry relationships, combined with a coherent business strategy, has allowed Carmichael International […]
Arbuthnot Commercial ABL has supported Morris Angel & Son Limited (“Angels Costumes” or “Angels”), the longest-established costumiers in the world, with a £5m asset based lending facility. This will provide the business with a higher level of working capital to fund its future growth plans, as well as additional headroom to cover the purchase of […]
Roseberry View is based in Great Ayton and consists of 10 eight-berth luxury lodges, situated around a private lake with views of Roseberry Topping and the Cleveland Hills. All lodges have a private hot tub and parking, with the site containing amenities including a play-park for children, a playground for dogs, BBQ area and a […]
A businessman is set to move offices and upgrade his company’s IT systems thanks to a commercial loan secured against his family home. Specialist lender Together completed the £103,000 deal in just two days by providing the broker’s client with its ‘homeowner business loan’ product, which can be secured against a customer’s house if more […]
Anglotech, one of the UK’s largest independent suppliers of copiers, printers and multi-function printer (MFP) technology, has acquired RVS group in a deal worth in excess of £3m supported by SME lender, ThinCats. Based in central Nottingham, RVS are the largest independent photocopy supplier in the East Midlands. The deal is Anglotech’s fourth acquisition in […]
The management team of Professional Music Technology (“PMT”) has completed a management buy-out of the business, with financing provided by YFM Equity Partners and the founders of the business. Founded 28 years ago by Simon Gilson and Terry Hope, PMT is the UK’s leading multi-channel retailer of Musical Instrument (MI) and Professional Audio products. The […]
Arbuthnot Commercial Asset Based Lending (Arbuthnot Commercial ABL) has supported window and door suppliers, GJB Group (including Listers in Stoke on Trent) with an ABL package totalling £5m, which is an increase of £2.4m on the facilities offered by the group’s previous provider. The core facility is accounts receivable, supplemented by plant & machinery and […]
Alternative SME credit specialist Caple has supported Delice de France, the bakery specialist, with a fully unsecured multi-million pound eight-year loan. Delice de France has used the loan to complete a management buyout from parent company Aryzta AG, global suppliers to the foodservice industry. The management buyout was led by Delice de France managing director […]
Bibby Financial Services (BFS) has provided a £800,000 funding facility to D&A Recruitment Ltd., an independent recruitment company specialising in a range of sectors across the UK. Based in the East of England with offices in Cambridge, Bedford, Huntingdon & Essex, D&A Recruitment offer across-the-board recruitment services. The agency provides temporary and permanent placements and […]
