North West bespoke property developer Northern Property Consortium (NPC) has agreed a deal with Yorkshire-based SME funding specialist One Stop Business Finance to push forward with its third new housing development this year valued at £750,000. The development of two bespoke four-bedroom new homes in a highly sought-after location near Hyde, Greater Manchester marks an […]
Throughout the Covid-19 crisis, small businesses have had to continually adapt their business models to survive. Many are facing untold challenges in the wake of changing consumer behaviours and supply chain disruption, while others have been able to find opportunities to adapt and grow despite the disruption. Sara Roberts, founder of Healthy Nibbles, a Scottish-based […]
Arbuthnot Commercial ABL has supported a management buyout (MBO) of Britdoors and JCK, two door manufacturing businesses within the System Building Products Group. The £3.75m asset based lending facility comprised a revolving invoice discounting line, a plant & machinery loan and a cashflow loan. The MBO will form a new company, Unity Group Ltd, comprising […]
A family-owned free-range egg farm in Oxfordshire has diversified its operations to help meet a significant uplift in demand for eggs during the Covid-19 pandemic, after securing support from Lloyds Bank. Witney-based Mayfield Eggs has adapted its processes to provide packs of fresh free-range eggs to homes across Oxfordshire, whilst maintaining its supply to local […]
The country’s leading Thai restaurant group has completed a £5m loan by accessing the CBIL scheme through Barclays. With 35 sites across the Midlands and Southern England, Giggling Squid had been performing extremely well going into the crisis, despite the well-publicised headwinds effecting the casual dining sector. The Barclays loan will cover liquidity needs and […]
Branded footwear retailer Charles Clinkard is set to reopen all of its stores in the coming weeks, with the support of Lloyds Bank. The Middlesbrough-headquartered retailer, which has more than 30 stores and concessions across the UK, has secured a £2m Coronavirus Business Interruption Loan via its long-term banking partner Lloyds Bank. The funding, which […]
A much-loved independent booksellers is reopening its doors and returning to normality thanks to a six-figure loan from Lloyds Bank. Family-run Topping & Company Booksellers had to close its stores in Ely, Bath, St Andrews and Edinburgh, in accordance with government guidelines back in March. The company furloughed almost all of its 50 employees, sales […]
Schoolbooks.ie, based in Tralee, Co. Kerry, has raised over €100,000 from Linked Finance, Ireland’s leading peer-to-peer (P2P) lender. As Ireland’s largest online retailer of schoolbooks, the funds raised have been used by the company to increase its art, craft and school-book stock to cater for increased demand as parents have coped with home-schooling during the […]
1pm plc (“1pm”), the AIM-listed independent specialist provider of finance facilities to UK SMEs, has supported its first client under the Coronavirus Business Interruption Loan Scheme (CBILS). Lowton Motor Company Limited, a family-run car dealership, secured the £150,000 CBILS loan to drive the business through the covid-19 crisis and beyond. Incorporated in 2012, Lowton Motor […]
CitySwift, a leader in big data and machine learning for the public transport sector, has closed a funding round of €2m, bringing funding to date to €3.5m. The round was led by Irelandia Investments and Act Venture Capital, along with other notable transportation investors and entrepreneurs. All investors have been involved in both of CitySwift’s […]
