The Lakes Distillery, a whisky maker with an artistic ethos, has received a £3.5 million asset-based lending facility from Secure Trust Bank Commercial Finance to help it triple the number of litres of alcohol it produces per annum. Founded in 2011, the distillery is housed in a renovated 1850’s Victorian farmstead. Nestled on the shore […]
A Somerset zoo that has closed its doors during the coronavirus outbreak has secured a six-figure funding package to care for its animals during the lockdown, thanks to Lloyds Bank Commercial Banking. Noah’s Ark Zoo Farm, in Wraxall near Bristol, closed its doors on 21 March but was facing substantial costs to keep more than […]
A specialist music merchandising company has secured jobs and is looking to the future with support from Lloyds Bank Commercial Banking. Kent-based Nylon Merchandising Ltd. works with some of the biggest names in the music business to manufacture and sell merchandise at concerts and festivals. Its product range includes t-shirts, sweatshirts, posters and fridge magnets. […]
‘Product-less’ lender, Octane Capital, today announced that it will continue to support its broker partners as normally as possible as the UK escalates its measures to contain Covid-19. The lender confirmed that its entire workforce is fully operational from home and all systems have been tested and are functioning well. In a highly fluid situation, […]
Chester-based EdTech firm Gluu, which aims to increase teaching capacity through technology, has received a £100,000 loan from NPIF – BFS & MSIF Microfinance, a product managed by GC Business Finance & MSIF and part of the Northern Powerhouse Investment Fund (NPIF). Incorporated in 2016, Gluu’s purpose is to find the best EdTech practices and […]
Student accommodation specialist Future Generation has refinanced a £39m development loan that will partly fund construction of the third phase of a major Sheffield PBSA scheme. It comes at the end of a remarkable five days of dealmaking for the company, which — despite turmoil in global markets due to coronavirus — saw it secure […]
YourZooki, which creates and manufactures premium liquid supplements using natural ingredients, has secured a £150,000 loan from Rosebud, a product managed by GC Business Finance. YourZooki’s products deliver active ingredients using the same fats that surround human cells. The firm’s current range of supplements include CBD oils, Vitamin C sachets and Omega 3 fish oils […]
LendInvest, the UK’s leading platform for property finance, has completed its second securitisation of buy-to-l (BTL) mortgages in an oversubscribed RMBS transaction, Mortimer BTL 2020-1. Despite significant market turbulence from the global spread of the coronavirus, it took LendInvest six business days to price the transaction after opening investor discussions. The securitisation, which comprised £285m […]
Specialist business property adviser, Christie & Co has recently provided valuation services to Cynergy Bank on two new loans to Old Amersham Hotels (Holdings) Ltd, a company that runs three popular local hotels and venues in Buckinghamshire and its sister company Redesdale Holdings, which runs hotels in the Cotswolds. The newly negotiated finance will provide […]
In the last 12 months Christie & Co’s specialist team has valued or sold over 400 dental businesses across the UK with an aggregate value of over £500m. Many of these sales were across the East and West Midlands, with a few notable highlights from smaller owner operated practices, through to high-value single assets […]
