A successful Lancashire-based entrepreneur is branching out into property development with help from a short-term business finance loan from Reward Finance Group. Jason Hughes, who owns Kart World in Burscough, and also retails cars and motorbikes, has seized the opportunity to purchase a derelict pub which he plans to demolish, replacing it with a residential […]
Cynergy Bank has provided Westcombe Homes, part of the Westcombe Group, loans totalling £13.834m to refinance existing debt and to assist with the development of 27 apartments at Kingswood Gate, Green Lane, Northwood, an affluent suburb in Northwest London. Westcombe Group is a leading London property developer, creating contemporary, luxurious homes and commercial properties of […]
Independent Growth Finance (IGF) has supported Pryme Group to secure a transformational merger. Pryme Group, has merged with Caley Ocean Systems (Caley) and IMES International (IMES) (both previously part of Seanamic Group). Together, these entities will create a business with broad capabilities supplying products, services and solutions to the energy, defence and other industrial markets. IGF played […]
Affordable housing developer Pocket Living has announced that it has secured a £6.6 million debt facility with Pluto Finance, a leading provider of finance for property developers and investors. This represents the first deal with Pluto Finance, which is a 12-month facility secured against its Harbard Close asset in Barking. This will accelerate the deployment […]
Heyflow, the industry’s first no-code platform for interactive user experiences, has closed a $6m seed financing round led by Project A Ventures. Heyflow solves the growing challenge companies face when trying to design high-converting user experiences, fast and cost-efficiently. Heyflow provides companies with a platform to build, design and integrate interactive clickflows – without the […]
finnCap Cavendish (“Cavendish”), part of financial advisory firm finnCap Group plc, is pleased to announce it has advised on the sale of Sentenial Group and its open banking brand Nuapay, a leading end-to-end payments platform specialised in account-2-account transactions, to EML Payments, an Australian-listed payments technology company for €108m. Through its regulated subsidiary Nuapay, Sentenial […]
Profian, a confidential computing platform focused on bespoke open source solutions, announced today that it has secured $5m in seed funding. The round was co-led by Project A Ventures and Illuminate Financial, and included angel investors: Olivier Pomel, chief executive officer of Datadog; Tyler McMullen, chief technology officer of Fastly; Till Schneidereit, chairman of Bytecode Alliance; and […]
Specialist business property adviser, Christie & Co, has announced the sale of Somerset-based domiciliary agency, Way Ahead Care, to Somerset Care. Established in the late 1990s, Way Ahead Care has developed into a high-quality and well-run business with numerous contracts with local authorities and extra care housing schemes. With significant family involvement during this time, […]
Pitch 4 Finance has completed a £6.2m refinance transaction on a complex portfolio of semi commercial property securing a highly competitive interest rate. The portfolio consisted of a diverse mix of assets including residential, retail, logistics and hospitality across the UK but primarily in the south of England. Due to the complex range of assets […]
New Generation Developments Ltd (NGD), aCardiff-based construction company, has secured a £1.7m development loan from specialist lender Assetz Capital. Set in the castle town of Kidwelly, West Wales, the “Old Mill” development comprises nine three-bedroom detached bungalows with garages and benefits from a variety of local amenities including restaurants, sports clubs, schools, shops and a […]
