6th July 2020
Luxury homeware wholesaler, Fifty One Percent Limited, has received a £250k finance package from the Midlands Engine Investment Fund Debt Finance, managed by Maven Capital Partners. The funding will allow the Leicestershire-based business to hire four additional staff, while expanding its product line and sales and marketing function.
26th June 2020
Stained Glass artists Cariad Glass have seen a boost in online sales during lockdown after developing a fun make at home glass mosaic kit to give crafty customers a creative fix. The Llandysul business received a micro loan from the Development Bank of Wales to support their growth plans and give them working capital shortly before lockdown.
22nd June 2020
FW Capital has invested £20 million to support Greater Manchester-based businesses through NPIF - FW Capital Debt Finance which launched in 2017.
This brings NPIF's total Microfinance, Debt and Equity investments in Greater Manchester to £45.3m, with 176 investments into a total of 141 businesses across the region. Additional investment from private sectors investors alongside the NPIF investment amounts to an additional £51.2m bringing the total amount to £96.5m
15th June 2020
Quotevine helps brokers give SMEs faster access to vital COVID-19 recovery finance - with new Quickstart initiative.
15th June 2020
The British Business Bank has announced that it has approved a new lender for accreditation to the Bounce Back Loan Scheme (BBLS), five new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS) and four new lenders under the Coronavirus Large Business Interruption Loan Scheme (CLBILS).
11th June 2020
The coronavirus pandemic has hit the housing market hard but this does not mean that developers looking for financing are out of options, says Hilltop Credit Partners, adding how a combination of factors will translate into specialist finance providers coming to the forefront for filling in the funding gap. The West-End fund is a specialist funding partner for small and mid-sized residential property developers and house builders in the UK.
11th June 2020
Spectrum Logic has been awarded an Innovate UK grant to develop a novel Western Blot scanner to be used in the first instance for Covid19 antibody testing. The project is entitled ‘Low Cost, High Throughput Western Blot Antibody Detection Device for Those Already Infected with COVID-19’.
9th June 2020
A £250,000 loan for the Welsh Mountain Zoo will help to safeguard 140 different species of animals and jobs for 39 people as Covid-19 forces the continued closure of the popular tourist attraction.
8th June 2020
DSW Debt Advisory, the new service launched just before the lockdown to help companies raise debt funding, has attracted another senior banking figure, Simon Carrier.
4th June 2020
Industrial services and waste management firm, Harpers Environmental, has secured £2 million of funding from Independent Growth Finance (IGF). This invoice discounting facility is central to the company’s refinance for growth.
The company focuses on the extraction, treatment and appropriate disposal of waste, based out of two sites in York and Teesside. It serves clients across a range of critical sectors including food processing, manufacturing, petrochemicals and utilities. Clients include Yorkshire Water, Karro Foods, Sabic/lndaver and Biffa.
3rd June 2020
Business lender Reparo Finance is further strengthening its team with the appointment of Daniel Jones as business development manager covering the South West and South East as the firm builds its presence across the UK.