Little House Day Nursery was established in 1998 and has since grown into a business reputed for its high-quality childcare. This children’s day nursery boasts well presented, light and airy rooms spread across two floors of an attractive large church building. Each room is arranged by age and has been equipped to an impressive standard […]
Arbuthnot Commercial Asset Based Lending (ABL) has supported window and door manufacturer, GJB Group with a £1.2m Coronavirus Business Interruption Loan (CBILS). This is in addition to the £5m all-asset funding transaction that was completed for the Group in November 2019. Arbuthnot Commercial ABL was able to deliver the CBILS loan in just three days […]
A specialist membership and insurance company for the health and beauty sectors has been able to secure all the jobs of its 14 staff during the coronavirus shutdown, after securing a Coronavirus Business Interruption Loan (CBIL) from Lloyds Bank. Warwickshire-headquartered Associated Beauty Therapists (“ABT”) is the UK and Ireland’s largest beauty and insurance membership provider. […]
A seven-figure funding package from Unity Trust Bank is enabling a responsible finance provider to support businesses that have been affected by the Covid-19 pandemic. Up to 20 SMEs across South East England will benefit after the commercial bank with a social conscience loaned £1.5m to Let’s Do Business Finance – an accredited lender of […]
An award-winning, family-run hotel, pub and wedding venue in Swansea is hoping to welcome patrons back in July following support from Bank of Scotland. Based on the Gower peninsular, the King Arthur Hotel has secured a six-figure loan from Bank of Scotland via the Coronavirus Business Interruption Loan Scheme (CBILS) to help it cover critical […]
The CBILS loan has enabled Hadley Hargreaves to recover from cash flow issues and losses as a result of the pandemic. It has also provided funds to purchase additional machinery, expanding the production capabilities of the business. Paragon has supported the Presteigne-based business since 2016 through invoice and asset finance, which enabled Hadley Hargreaves to […]
Today the British Business Bank has announced that it has accredited the Bank of India under the Coronavirus Business Interruption Loan Scheme (CBILS), and Silicon Valley Bank under the Coronavirus Large Business Interruption Loan Scheme (CLBILS). New CBILS lender Bank of India will be able to provide financial support to smaller businesses across the UK […]
Crieff Hydro, a family-run Scottish hotel group, has secured a £5m CBILS overdraft from Santander UK to help the business through the challenges facing the hospitality and leisure sector during the pandemic. The company, which was founded in 1868, owns and operates seven hotels across Scotland. The hotels are in rural locations and offer a […]
Responding to the new HM Treasury figures on Covid-19 support for businesses, managing director of Commercial Finance at UK Finance, Stephen Pegge, said: “This significant level of support demonstrates the clear commitment from the banking and finance industry to help businesses get through these tough times. “More than 1.1 million businesses large and small have […]
Chartered financial planning firm True Bearing has received an £80,000 loan from Rosebud to support its future growth plans. The Chorley-based firm, which operates across the UK, received its third tranche of Rosebud funding earlier this year to enable the purchase of a small independent practice. The acquisition, made possible with the investment, has allowed […]
