A Derby-based husband and wife team of successful property investors have expanded their regional real estate portfolio with the acquisition of the former HMRC office in Derby. The purchase of the site has been supported with a six-figure commercial mortgage from Cambridge & Counties Bank. Marc and Rebecca Brough, trading primarily as Staton Young, have […]
New data published today by the British Business Bank reveals the regional distribution of loans under the Coronavirus Business Interruption Loan Scheme (CBILS) and the Bounce Back Loan Scheme (BBLS). These schemes provide financial support to businesses across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the Covid-19 […]
Specialist business property adviser, Christie & Co, has announced the sale of Teddys Garden Day Nursery in Leek, North East Staffordshire, to expanding operator, Daycare (UK) Limited. Teddys Garden Day Nursery is a well-established children’s day nursery set in a large Victorian villa with private access. It is located in a stunning rural setting in […]
Conister Finance & Leasing Limited (“Conister”), part of Manx Financial Group PLC (AIM:MFX), today announces that it achieved record lending levels in 2020, by advancing deals totalling £131m, representing a 7% increase on the total amount lent throughout 2019 (£122m), by providing critical funding to small and medium sized enterprises (“SME”) as they navigate the […]
Personio (www.personio.com), the all-in-one HR platform, today announces $125m of new and preemptive Series D funding in an investment round that values the business at $1.7bn. The new funding will accelerate the further international expansion of the software company, supporting its ambition of becoming Europe’s leading HR platform for SMEs. It follows a strong year […]
Three Shires Ltd, specialist contractors to the construction industry, has been supported with £1.5m in refinance and working capital funding by leading alternative finance provider for mid-sized SMEs, ThinCats. Previously Three Shires had a revolving ID facility with another funder which was subsequently lost due to the funder going into liquidation. Three Shires Ltd provides […]
Specialist business property adviser, Christie & Co, has announced the sale of The Court Nursing and Residential Care Home in West Felton, Shropshire. The Court is a former nursing home comprising 34 single bedrooms in a detached three-storey building with a single-storey purpose-built extension. It is situated in the village of West Felton, Shropshire, approximately […]
Aspen’s desktop valuations approach has saved a developer from significant penalty charges, with the lender able to confirm their £1.45m offer on Christmas Eve having only received the application on 22 December. The applicant’s existing development finance facility was due to expire and delays caused by Covid-19 meant the term refinance would not complete in […]
Chandlers Farm Equipment Ltd. (Chandlers), a third-generation family business selling agricultural equipment, operating primarily across the Midlands and Lincolnshire, has acquired the AGCO division of Lister Wilder, doubling the size of its operations, and expanding its territory significantly across the UK to become AGCO’s largest UK dealership. A global leader in the design, manufacture and […]
Specialist business advisory firm FRP has led a deal to secure a multi-million-pound acquisition and working capital funding package for Evtec Automotive from BREAL Zeta Commercial Finance. The package will support new owner David Roberts, industrialist and former group chairman of Arlington Industries until 2014, as he acquires the business and embarks on a growth […]
