Suros Capital has provided immediate cashflow finance for an SME owner to pay bills that had come due for payment, within three days of the first enquiry. Needing £45,000 for invoices which were approaching a final payment date, our client had been counting on the proceeds of a property sale to solve the issue before […]
– finnCap Cavendish, part of finnCap Group plc, is pleased to announce it has advised on the sale of Labcraft, the UK’s leading manufacturer of high performance and energy efficient LED lighting for the commercial vehicle and emergency services sectors. Labcraft has been acquired by Safe Fleet, a leading supplier of safety solutions for fleet […]
Specialist business property adviser, Christie & Co, has announced the sale of Progress House Day Nursery in the affluent Leicestershire town of Market Harborough. Established over 20 years ago, Progress House is a family-run day nursery with an effective operating capacity for up to 80 children aged 0-4 years. The nursery operates from a thoughtfully […]
Cynergy Bank provided a loan amount of £2.5m to Faith in Nature, an award-winning natural beauty products brand in Radcliffe, Manchester. The loan will enable the company to develop new manufacturing and business premises, having outgrown their existing premises. The development of the new site provides space for future sales growth and more jobs. The […]
Recognise Bank has completed a £2m loan for a city centre office premises in just 23 days from credit being agreed to the funds being drawn down. Tight timescales were set by the client, so Recognise Bank’s relationship manager Paul Bagan, along with colleague, lending manager, Mathew Baker, worked closely with advisor Mark Jerman, of […]
Lilybank Day Nursery in Hamilton, South Lanarkshire, has been sold with funding secured by specialist commercial finance broker, Christie Finance. The well-established day nursery is registered for 30 children in the three-to-five-year age categories and was sold with a separate four-bedroom owner’s house and ancillary garden area. The previous owner, who is selling due to […]
Foot Anstey has advised Integrity360, an August Equity portfolio company, on its acquisition of Caretower, as part of its pan-European expansion plan. The transaction involved the acquisition of Caretower’s UK and Bulgarian businesses. Emma Clayton, Associate, and Matt Stoate, head of corporate and private equity at Foot Anstey led the multi-disciplinary team from Foot Anstey […]
Paragon Development Finance has completed a deal under its Green Homes Initiative, providing a £5.3m funding package to Shorewood Homes for its new build development in Winchester. Shorewood Homes’ development consists of eight family houses over two sites located on Chilbolton Avenue, Winchester. The development is set to achieve an Energy Performance Certificate rating of […]
mmob, the UK’s first embedded finance network has today announced the successful completion of a £5m seed round. The investment was raised from a group of angel investors including high net worth individuals and senior banking executives. mmob will use the investment to advance the development of its technology platform, enter new markets including Malaysia, […]
After closing a seed round of $3m led by Kindred Ventures, fintech Noh is preparing to enter one of the hottest untapped markets in Brazil: multi-player or shared finances. Brazil is one of the world’s top nations for making joint purchases. Noh promises to automate the division of expenses, taking away the stress of chasing […]
