Specialist lender Reditum Lending – a subsidiary of Reditum Capital – has entered the UK market to help those looking for short-term finance to supercharge commercial and residential property projects. London-based Reditum Lending will provide bridging loans from £500,000 to property professionals and developers via its 80-strong broker network, which includes Vibe Finance and DRM […]
Government schemes Here is a list of the current support available to businesses and the self-employed during the pandemic as at the 4th January 2021: Local Restrictions Support Grant (LRSG (Open) but trade affected) – this is only for tier 2 & 3 businesses in England but can be claimed retrospectively if you haven’t claimed […]
Paragon has provided Acorn Property Group with a £4.9m loan to support the acquisition of a site in Padstow town centre and its development into ten luxury apartments. Divided across three new buildings, The Padstow Collection is an exclusive development of ten, two and three-bedroom homes with views of the Camel Estuary. Melanie Omirou, group […]
Tech Nation, the scaleup network for entrepreneurs, launches its inaugural Scale Ratio, which compares the number of seed stage, early growth and late growth companies in the UK’s tech ecosystems. Tech Nation reveals that a 50:30:20 ratio of seed (50%), early growth (30%), late growth (20%) companies in a UK regional tech hub is indicative […]
British Business Investments, a commercial subsidiary of the British Business Bank, today announces a £10m commitment to Cambridge-based venture capitalist Syndicate Room. The £10m commitment from British Business Investments’ Regional Angels Programme will be invested by Syndicate Room, which is one of the most active early stage investors in the UK. Over the five-year investment […]
Property experts James Pendleton have today launched a dedicated international desk to meet what they predict will be a continued wave of demand from overseas buyers post-Brexit. The agent, which brokers new development sales across London and the Home Counties from its branch network in the capital, predicts that strong demand from international investors will […]
Property development group Southern Grove has appointed Tarek Jumah as chief operating officer as the company enters a year of rapid expansion. Since being founded in 2013, Southern Grove has predominantly specialised in residential developments and student accommodation through its PBSA arm, Future Generation. However, it now also encompasses the Evolution premium Co-Living brand and […]
Applied Market Information (AMI) has been supported with a £3m refinance and working capital facility by ThinCats, leading alternative finance provider for mid-sized SMEs. Founded in Bristol in 1986 by a group of expert consultants, AMI is a leading provider of market intelligence, data and events to the global plastics industry. The company historically ran […]
You know the saying, “You need money to make money.” Well, I’ve got some excellent news for you. As an SME owner, that saying is no longer applies in today’s modern marketplace. Now, branding makes money. Sure, you can spend thousands creating and maintaining a branding strategy, as many businesses do. But you don’t have […]
Time Finance and Start Point Finance have supported a creative arts firm with a £80,000 facility under the Coronavirus Business Interruption Loan Scheme (CBILS). Together, the two financiers were able to swiftly tailor a funding solution that would bolster a creative art group’s cash position during this challenging time and support their plans for innovation […]
