Time Finance is pleased to announce it has supported precision engineering firm, DARL Engineering, with a £58,500 asset finance facility to accelerate its investment in new and leading machinery. The Coventry-based family-run firm specialise in precision engineering solutions to the automotive and industrial sectors. With a workforce of highly skilled and experienced engineers, DARL is […]
Hundreds of UK businesses ranging from suppliers of solar batteries to life-saving medical equipment have benefited from £6.5bn in UK Export Finance (UKEF) support over the last year to break into international markets and grow – supporting up to 55,000 UK jobs and contributing billions of pounds to the economy. As the UK’s export credit […]
A Wirral-based specialist manufacturer of boats serving search and rescue, defence and security sectors has won major international contracts after receiving £5m in support through UK Export Finance (UKEF). Marine Specialised Technology Group (MST) designs, manufactures and maintains rigid-hulled inflatable and high-speed workboats for use worldwide. Through UKEF’s General Export Facility (GEF) scheme, MST received […]
Link Waste Group, a jointly owned group of waste management specialists based across the North West, has secured a £2m asset-based lending facility from Cynergy Business Finance (CBF). Comprising Link Paper Recycling Limited and Link Recycling Limited, the group focuses on providing businesses with total recycling solutions for all waste products. Founded in 2015, the […]
Cynergy Bank has provided a £1.3m refinancing loan to Welsh commercial property developer DJE Property Holdings Ltd, to expand its portfolio with luxury residential retreats, boutique hotel, restaurants and a spa. The extended portfolio now includes two high quality assets: a luxury self-catering holiday let and popular Italian restaurant. The luxury detached residential property, Forest […]
Time Finance and Open InVoice Finance are pleased to announce that they have delivered a £1.1m asset based lending (ABL) facility to aid the expansion of a growing steel structural engineering firm in the South East of England. The business’s financial consultant, Open InVoice Finance, was brought on board to assist the engineering firm in […]
Aspen Bridging has launched its Summer 2023 Rates & Product Card with rates dropped by 60 bps across the board and 80% LTV reintroduced on its Development Exit & Refurb product. Flat Rates, across all product types including heavy works, are now available at 0.89% plus one month’s exit at 80% LTV, 0.89% at 75% […]
Time Finance, the alternative finance provider to UK SMEs, has achieved another lending milestone with the delivery of its first asset based lending (ABL) facility. The company, which is committed to providing flexible and innovative solutions to businesses across the UK, packaged and delivered a £1.1m ABL facility to a growing engineering firm specialising in […]
Start Up Loans, part of the British Business Bank, today announces that it has provided the East of England with over 7,300 loans worth more than £70 million from the programme since 2012. Essex has received the highest volume of loans (1,963), followed by Hertfordshire (1,593) and Norfolk (1,133). See below for a full breakdown […]
Cynergy Business Finance (CBF), the asset-based lending (ABL) arm of Cynergy Bank, has provided a £1.5m invoice discounting facility for family run Wakefield Shirt Group (WSG), to support the clothing manufacturer’s growth plans. Founded in 1940, during the Second World War, when cotton was in short supply, the Wakefield Shirt Group quickly gained a reputation […]
