BREAL Zeta provides £16m ABL facility to support the acquisition of Evtec Automotive out of administration, saving 100 jobs and creating up to 50 more BREAL Zeta has structured and delivered a £16m asset-based lending (ABL) facility to enable David Roberts, industrialist and former group chairman of Arlington Industries until 2014, to acquire Arlington Engineered […]
Nucleus Commercial Finance, one of the specialty lenders which manages several loan portfolios for Prestige Funds, has been accredited by UK government owned British Business Bank as a provider of GBP 200 / USD 270m in loans under the Coronavirus Business Interruption Loan Scheme (CBILS). This tranche of capital is being provided by two large […]
With lockdown 3.0 well underway, Watts Commercial Finance Scotland team were delighted to have secured funding offers this week alone totalling over £700,000 for three clients with all facilities being fully approved less than 7 days after being submitted. A very promising sign for the strength of the Scottish economy, this funding amongst all the […]
The big news this week is the inauguration of a new president in the US, with Joe Biden replacing the outgoing President Trump. Now that the UK has agreed and ratified the TCA with the EU, we need to forge new trading relationships with other important partners and the US is a crucial market for […]
RevGlue, a platform that enables affiliates and online publishers to easily monetise their websites, blogs, mobile apps and social channels, has secured investment of £300k from GC Angels and Admitad to scale up its sales and marketing activity in the UK. Based in Didsbury, Manchester, RevGlue has spent the last three years building a range […]
Fans of the Bavarian motorcars that all but dominate in the British company car sector are in for a future surprise, explains a satisfied Iain Robertson, who has been privy to a behind-the-scenes exercise that reinvigorates his marque enthusiasm. We are truly fortunate with several model pre-launch activities, in which we have participated over the […]
Leading anti-money laundering (AML) firm SmartSearch, has launched a new service to help businesses identify the ultimate beneficial owner (UBO) of large corporates. The increased capability comes as SmartSearch is now integrated with Experian’s Ultimate Beneficial Owner database, and is in response to customer feedback about the frustration of trying to cut through complex corporate […]
After a challenging year for many, there will undoubtedly be some business owners searching for ways to expand their business as we head into a new year. It can be difficult to know where to start when making a plan such as this, and that is where we have come to help! We have created […]
Figures released today by the Office for National Statistics (ONS) make grim reading for retailers, revealing a slump of -1.9% in the volume of sales during 2020 when compared to 2019. That is the largest year-on-year fall on record. In contrast, the value of online sales played its part in preventing an even greater disaster, […]
Burger King, one of the biggest fast-food companies in the world, is rebranding its restaurants in a bid to obtain a more natural look, with old-fashioned tastes. The sweeping changes, which will affect everything from the iconic Burger King sign right down to its menus, merchandise, decor, and social media channels, is the first time […]
