Ducati Manchester has secured funding from Santander Corporate & Commercial and the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) to help it get through the coronavirus pandemic. Santander is providing a capital repayment holiday on Ducati Manchester’s existing loan and a new £200,000 overdraft through CBILS, which is part of a package of government support […]
Family-run bakery chain, Cooplands has increased its bread production and started providing local deliveries to communities across Yorkshire and the North East, with the support of Lloyds Bank. The 135-year old business operates a network of 172 bakery shops and cafes across the North, with more than two thirds of those that support residential communities […]
A Croydon-based provider of medical supplies to the NHS and healthcare distribution companies is ramping up supplies of PPE with support from Lloyds Bank after having an increased funding package approved within 45 minutes. BlueKit Medical sources and provides surgical and medical equipment for use by NHS staff and private healthcare providers. Lloyds Bank has […]
A demolition contractor has secured the jobs of all 33 of its staff during the coronavirus shutdown with support from Lloyds Bank. Chelmsford-based Northeast Demolition UK Ltd work with large construction firms and housebuilders across South-East, East and South London to clear industrial, commercial and residential sites, demolishing all types of buildings from houses to […]
A second-generation cleaning company is benefitting from a five-figure Coronavirus Business Interruption Loan (CBIL) from Lloyds Bank. Class Cleaning of Louth, based in the Lincolnshire town, was founded in 2005 and offers a range of domestic and commercial cleaning services. The business has had to temporarily cease trading in the face of COVID-19, with a […]
Media and events business Metropolis Group has secured a £12m funding package providing it with the “firepower” to fund acquisitions and further strengthen its balance sheet amid the COVID-19 pandemic. London-based Metropolis has agreed the refinancing with Lloyds Bank, its long-term banking partner. The funding means Metropolis can further strengthen its position as COVID-19 poses […]
Blackfinch Group announces that the Blackfinch Spring VCT has raised over £3.3m to invest in a portfolio of technology and technology-enabled companies, since its launch in December. The Spring VCT has been a natural follow-on funder for the Blackfinch Ventures EIS Portfolios, which invests in technology-focused companies at the start of their growth journey. This […]
A holiday company that received standing ovations for getting its customers home safe says it is determined to come back stronger than ever, thanks to support from Lloyds Bank. The Alfa Leisureplex Group takes over 115,000 people on holiday every year with a fleet of 48 state of the art modern tourist coaches and 22 […]
A month ago, the European P2P platform Robo.cash announced that the number of its investors reached 10,000. In March, it achieved a new milestone – the volume of loans financed through the platform increased to €150m in total. The achievement of this milestone was accelerated by the recent introduction of new loan originators on the […]
A family-run hotelier has secured jobs and is helping to support its local community during the coronavirus shutdown, thanks to the support of a five-figure finance package from Lloyds Bank Commercial Banking. Walker & Williams will use the funding to support cashflow and help secure jobs for all of its 50 team members, based at […]
