RSM Restructuring Advisory LLP has helped Barburrito, Mexican eatery, with a successful Administration sale securing new investment in the business. Barburrito chairman Graham Turner leads a new investment in the business, alongside other private investors, backing the existing management team of Morgan Davies, Founder & CEO and Steve Herring, finance director. The deal protects 14 […]
Leading invoice finance provider Optimum Finance has unveiled a new website that facilitates instant funding decisions as part of an updated strategic vision: “Reinventing invoice finance for all SMEs, with simplicity, speed and convenience at the heart of what we do.” The approach has been spearheaded by Optimum’s new CEO, Anthony Persse, who joined the […]
A new bridging and development finance lender launched during the Covid-19 pandemic is set for further growth thanks to significant funding support from specialist SME lender, Shawbrook Bank. Halifax-based Momentum Finance, which specialises in providing asset-based bridging and development finance facilities, has grown its loan book rapidly since inception three months ago. Momentum, led by […]
UK Builders are being advised to liaise with their supply chain much earlier than normal as the end of the transition period for leaving the EU looms. Trade body Build UK has estimated that in the case of a ‘no deal’ Brexit duty and other costs could increase from two to eight per cent. Build […]
There is no denying that this year has been one that nobody expected, especially businesses. There has been encouragement to stay at home, work from home, and in many cases, some businesses have had to shut their doors and operate entirely differently. While it may have been unprecedented times, you can use this as an […]
Making someone redundant is one of the toughest things you’ll ever have to do in business. In a world of virtual working, find out how to do so over the phone, here… In times of financial hardship, making redundancies is sometimes necessary. While it’s never nice to part ways with an employee in this manner, […]
New research from DSA Connect, an IT asset disposal company which specialises in the permanent deletion and destruction of electronic data, reveals that 15% of people who work for businesses such as pubs and restaurants that have had to capture personal contact details of customers and other people who have visited their premises during the […]
Object Astra, a matchmaking tool for start-ups, has been launched in the UK to help people turn ideas for new companies into reality and make money from their skills by investing sweat equity. The new platform uses an algorithm to match up people who have a business idea with those who have the skills they […]
Valloop, founded to empower employees and management to buy the companies they work for, has emerged from stealth ready to back small business founders wishing to exit. The proposition has so far attracted unsolicited demand from over 250 SME owners totalling £1.2bn in value, with an average individual value of £4.7m. Valloop is targeting a […]
UK Export Finance today launches a new guarantee scheme that will free up funds for UK businesses to cover the costs of international trade, supporting thousands of jobs and livelihoods across the country. Exporters will be able to apply for finance from the UK’s five largest banks backed by a UKEF guarantee to free up […]
