Britain’s most popular heritage railway, The North Yorkshire Moors Railway (NYMR), has secured £2.25m of new funding through Santander UK and the government backed Coronavirus Business Interruption Loan Scheme (CBILS). NYMR is an award-winning educational charitable trust operating from Pickering to Whitby. It seeks to preserve and restore steam locomotives, diesels, stations and infrastructure, as […]
International SME financier, Bibby Financial Services (BFS), has announced three new senior hires to drive forward its global growth strategy in 2021 and beyond. Azel Scholz, former chief executive officer (Asia Pacific) for Siemens Financial Services Commercial Finance and tech start-up founder, joins BFS as chief revenue officer. Axel will be responsible for leading the […]
Specialist business property adviser, Christie & Co, has announced the sale of 12 Derby Lane in Old Swan, Liverpool to the owner of The Dental House, Dr Stuart Garton. The building was previously occupied by John Lane’s Dental Practice, a fully private practice established in 1966, located approximately three miles east of Liverpool city centre […]
Secure Trust Bank Commercial Finance has provided a £5m working capital facility to support Rcapital in its acquisition of leading local newspaper publisher, Archant Community Media Ltd. Archant, founded in 1845, is the UK’s fourth biggest local newspaper publisher. It has more than 140 local, regional and national brands, alongside a fully-integrated marketing function, which […]
Specialist lender Together has raised the maximum loan-to-value to 70% across its first and second charge mortgage products. The finance firm has also reduced the minimum loan size on its second-charge products from £50,000 to £30,000, offering intermediaries more options for their clients looking for lower-value loans. The new product changes were introduced this week […]
DF Capital today announced that it has helped Ducati Manchester group acquire the Ducati and Triumph stores in Glasgow, enabling the owner to continue his dream. Founded in 2001, Ducati Manchester was the UK’s first Ducati store. Over the last twenty years it has gone from strength to strength, opening showroom locations in Preston, Stoke […]
Retail finance specialist, Christie Finance is delighted to announce the purchase of Nisa Local and Subway in Copnor Road, Portsmouth. The business was brought to market by our colleagues at Christie & Co and purchased by our clients, Cinnamon Ventures Limited. Competitive funding for this deal was sourced by head of corporate and director at […]
Specialist business property adviser, Christie & Co, has brought to market Tobermory Pharmacy, the only pharmacy on the Isle of Mull. Tobermory Pharmacy has been trading very profitably for many years now, providing an integral service to the island’s community. The business dispenses an average of 2,805 NHS items per month and has a good […]
Figures published today by HM Treasury show that over 1.5 million businesses across the country are supported by the UK’s banking and finance industry with a total of over £68bn in lending through government-backed coronavirus lending schemes. Over 34,500 small and micro businesses have accessed a Bounce Back Loan over the past month, with more […]
Conveyancing Alliance Limited (CAL), the conveyancing distributor which also includes broker conveyancing, has become the latest founder member to join the Mortgage Market Alliance (MMA). CAL provides both mortgage advisers and estate agents with access to quality conveyancing firms and is one of the first distributor businesses to announce its support for the MMA. The […]
