Acting on behalf of Administrators, Quantuma LLP, specialist business property adviser, Christie & Co, has announced the sale of Caerleon House Nursing Home in Caerleon, Newport. Quantuma were appointed as Administrators in August 2019 and have overseen the running of the Caerleon House for over a year. The care home has traded successfully despite the […]
Allica Bank, the business bank dedicated to empowering small and medium-sized businesses to succeed, has announced the completion of a £1.9m remortgage for Glazing Vision, the world’s largest manufacturer of high-end bespoke glass rooflights. The remortgage deal was completed in just six weeks, from initial enquiry through to drawdown, against the backdrop of the global […]
Specialist business property adviser, Christie & Co, has completed on the sale of Worcester Lodge, an established care home situated in Clevedon, North Somerset. Worcester Lodge delivers personalised dementia care for 39 residents, whether it be for long-term, respite or day care. The home’s ethos is to provide care in a homely atmosphere, where residents […]
Independent pub chain, Urban Village Pub Company, has received £1.2m to support working capital and refinance from leading alternative lender to mid-sized businesses, ThinCats. Urban Village was founded by Ian Grundy and Gavin Drew in 2017, now operating a group of pubs across the South East of England. The company vision incorporates blending the best […]
Secure Trust Bank Commercial Finance has provided a £50m bilateral receivables facility to support the leading European steel manufacturer as it looks to expand production and sales over the coming months. The steelworks, which has existed for around 150 years, supplies premium long products around the world and has facilities across the UK and Europe. […]
The management team at Ashberry Healthcare Ltd, led by managing director Nigel Denny, has received £5m in funding from Cambridge & Counties Bank to help finance the successful management buy-out of the business. The buy-out supports the long-term growth strategy of the business as it caters for strong demand for high-quality, professional and specialist care […]
Secure Trust Bank’s Commercial Finance division has provided more than £50m in funding to support businesses across the country as part of the Coronavirus Business Interruption Loan Schemes (CBILS and CLBILS). The bank was one of the first alternative lenders accredited for the larger CLBILS loan scheme, and also offers the smaller CBILS facility. Since […]
Peterborough based Rose Produce, an importer, exporter and distributor of fresh produce, has secured a £500,000 Invoice finance facility after flourishing through Covid-19. The business distributes a variety of both staple and exotic fruits, salads and vegetables from across the UK and Europe. While the business has performed well throughout the crisis in terms of […]
The deal broadens both Delta and Bravura’s product and services to their client bases and enhance customer experience. Delta Financial Systems Limited, based in Birmingham, is an award winning software business that provides technology to power complex pensions administration in the UK market. Delta’s highly regarded products support the administration of self-invested personal pensions (SIPPs) […]
Arbuthnot Commercial Asset Based Lending (“ABL”) has structured and delivered a flexible working capital solution for SFC (Europe) Ltd (“SFC”) to support its progressive expansion plans. The comprehensive refinance package comprised of revolving receivables and inventory lines, as well as a CBILS term loan. The market-leading manufacturer and stockholder of high-performance grade bolting sought a […]
