Peterborough based Rose Produce, an importer, exporter and distributor of fresh produce, has secured a £500,000 Invoice finance facility after flourishing through Covid-19. The business distributes a variety of both staple and exotic fruits, salads and vegetables from across the UK and Europe. While the business has performed well throughout the crisis in terms of […]
Arbuthnot Commercial Asset Based Lending (“ABL”) has structured and delivered a flexible working capital solution for SFC (Europe) Ltd (“SFC”) to support its progressive expansion plans. The comprehensive refinance package comprised of revolving receivables and inventory lines, as well as a CBILS term loan. The market-leading manufacturer and stockholder of high-performance grade bolting sought a […]
Specialist business property adviser, Christie & Co, has completed on the sale of Cornelius House, a well-established and highly regarded care home near Chichester, West Sussex. The sale was funded through Christie Finance. Cornelius House is a large detached property registered as a care home for 20 service users in the category of Old Age. […]
Ribcraft, a highly respected British boatbuilding firm based in the South West has been acquired by Dubai based buyer Toby Adams, advised by the team at Ince Metcalfes. Ribcraft, based in Yeovil, Somerset, has gained an enviable reputation over the past 30 years as the leading global builder of custom and production rigid inflatable boats, […]
Christmas products company, Mail Order Online Ltd, is meeting unprecedented demand for its range of trees, decorations, and lights, with help from independent finance provider, Reward Finance Group. The Southport-based company, which was established in 2010, is preparing for record sales through both its own online site, WeRChristmas, and via the large internet retailers it […]
83% of Owner Managed Business (OMBs) want the government to put a freeze on increasing corporate taxes until the economy has properly recovered, shows new research by Moore, the top fifteen accountancy firm. Moore’s Owner Managed Business Quarterly Report found that the vast majority of SMEs are concerned about the blow to business and consumer […]
Bathgate Business Finance has secured £1.3m for a growing construction company, after its existing funder withdrew from the sector. Lancaster-based OEP Building Services turned to finance specialists Bathgate in February, following an introduction by Barclays, when it needed to increase its facility to ensure working capital funds were available in line with its output. Bathgate […]
Distinction Group is one of the largest family-run contract furniture manufacturers in the UK and has been fitting out hotels, offices and residential developments nationally and internationally for 30 years. In 2019, it moved its banking to Santander and was making investments in the long-term future of the business. When its supply routes were heavily […]
Greater Manchester SMEs facing barriers to growth will be enabled to build their own supportive network of local business peers, through a new government-backed scheme. The new Peer Networks programme, funded by the Department for Business, Energy & Industrial Strategy (BEIS) and co-ordinated nationally by Manchester’s GC Business Growth Hub, brings together multiple business leaders […]
More than half of SMEs have cut back on important insurance to reduce costs as the ongoing coronavirus crisis hits their balance sheets, new research1 from the UK’s leading premium finance company, Premium Credit, shows. Its study found 51% of small and medium-sized firms have stopped paying for a range of business insurance policies with […]
