Community-based care provider Radis Community Care has successfully acquired two new supported living services with a funding package from leading alternative finance provider to mid-sized SMEs, ThinCats. Established in 2001 by brothers, Samir and Deepesh Patel, Radis started as a small local provider of care at home primarily for older people. The business is now […]
An innovative, UK-designed sleep therapy solution with global ambitions has raised over £475k in the first week of a crowdfunding campaign on Crowdcube. SleepCogni, a hand-held, data-supported device for people suffering from insomnia, has so far attracted funds from 157 different investors in this latest fund raise which combines venture capital investment and crowdfunding. The […]
CDC Group, the UK’s development finance institution and impact investor, has announced a $50m risk-sharing facility with HBL UK, the majority-owned subsidiary of HBL, Pakistan’s largest private sector bank operating in 14 countries around the world. The facility will increase HBL UK’s capacity to support trade with local banks and trade supply chains across South […]
A Doncaster-based entrepreneur, who secured a significant contract to deliver ground-breaking research into laser technology and its use in the energy industry, has secured a six-figure cash injection from alternative lending provider Finance For Enterprise. Experienced engineer Peter Brown launched Rossington-based Laser Additive Solutions in 2014 to help businesses embrace new manufacturing techniques, and since […]
Student accommodation provider Urbanite has secured a £6.3m finance facility from Paragon Development Finance to support its 127-bed scheme in Sheffield. The development is based on Henry Street in the heart of the city and is well placed to serve both the University of Sheffield and Sheffield Hallam University. The company has already broken ground […]
Hope Capital, with the help of other parties, recently worked collaboratively to secure a £2.25m bridging loan for a client who owned a residential terraced property in Camden, London and needed access to fast finance for business investment purposes. The specialist short-term lender teamed up with UK Property Finance, Freeths and the client’s solicitor to […]
Mineral Insulated Cable Company (MICC), based in Washington, Tyne and Wear, is the world’s leading manufacturer of mineral insulated cable – the most durable cable to ever be made. It is one of just ten companies globally to manufacture the product. Mineral insulated cable is capable of operating for long periods at extremely high temperatures, […]
Time Finance are delighted to announce they have supported a mechanical and electrical engineering firm, Scorpion ES, with a £200,000 Invoice Finance facility to help spark future growth plans. Incorporated in 2010, Scorpion ES set out to provide mechanical and electrical services to the construction sector. As the business evolved over time, it achieved exponential […]
Greater Manchester based MolMart has launched its pioneering prenatal genetic testing products, following support from GC Business Growth Hub’s innovation team. The growing life sciences SME specialises in developing bespoke solutions to detect rare diseases in children and adults. MolMart was launched in 2016 by molecular geneticist Markella Mikkelson, who specialised in pre-natal genetics in […]
Specialist mortgage lender, Pepper Money, has closed its largest securitisation to date. The £425m securitisation, which is the third and largest deal issued by Pepper Money under the Polaris banner, was comprised entirely of first charge mortgages and is separate to the three Castell securitisations, which have been completed on Optimum Credit second charge mortgages. […]
