Specialist business property adviser, Christie & Co, has announced St Clair House care home in Camborne, Cornwall. St Clair House occupies an impressive, detached, former gentleman’s residence and one of the most prominent buildings in its area. It has been the subject of considerable renovation, improvement and extension by the previous owners and now provides […]
A purpose-built residential home which opened in Greater Manchester thanks to a seven-figure funding package from Unity Trust Bank has been rated ‘outstanding’ in its first inspection by the Care Quality Commission (CQC). Family-run Bowfell House, the brainchild of the Knoll Care Partnership, was erected on the site of the former Flixton Library in Urmston […]
Sirius Property Finance has structured a bespoke development loan to provide 87% of purchase price on day one along with the entire build costs on a portfolio of 10 properties being converted into HMOs. The £6.6m loan was required to purchase a portfolio of 10 properties and complete the building works to convert them into […]
ThinCats, the leading alternative lender to mid-sized SMEs, has provided a significant debt funding package to support alternative investments specialists Connection Capital, with the acquisition of Silverfish UK Ltd, a fast-growing, differentiated supplier of premium mountain bikes. Established in 1999, with a select handful of progressive Canadian bike brands, Silverfish has created a unique space […]
Hodge has made a significant investment in Sero, a Cardiff-based energy technology and services company. In conjunction with Legal & General, Hodge has jointly invested £5.5m in Sero to support its work in the transition to net-zero across the residential housing sector. The investment will help Sero in its next stage of growth, as well […]
The total funding package includes a £2m receivables financing line, a £1m cashflow loan, and a £1.5m RLS term loan. Martin Gammon, chairman, and Oliver Hewett, finance director of SafeGroup, led the transaction, which provided funding in support of the partial share purchase consideration and additional headroom for growth. The deal will allow the founder […]
Suros Capital, the luxury asset short term lender, has advanced £53,200 (70% LTV) to a restauranteur against a collection of Rolex, Hublot and Audemars Piguet watches valued at £76,000. In the process of purchasing a second restaurant, the buyer had miscalculated the amount of money required to complete the deal and pay for renovation and […]
ThinCats, the leading alternative finance provider, has today announced that it provided a record £318m of funding to support mid-sized SMEs during 2021. In total, ThinCats has lent more than £1.2bn to businesses across the UK. Amany Attia, CEO, ThinCats: “As Covid restrictions lifted and business confidence strengthened during 2021, borrower demand switched from the […]
Barclays has joined together with fellow investors Techstart Ventures, Rafał Brzoska, and Sarah Friar in a $6.6m Seed Round of investment capital in RESPONSIBLE, creators of the world’s first embedded finance platform in fashion. This round of funding will be used to expand RESPONSIBLE’s reach throughout Europe and extend its network of brand partnerships. This […]
Enterprise Investment Scheme (EIS) investment manager Deepbridge Capital has today announced that it has now deployed over £100m of capital via the Deepbridge Technology Growth EIS fund. The Deepbridge Technology Growth EIS was launched in 2013 as one of the first growth-focused technology EIS funds, providing private investors with access to a portfolio of early-stage […]
