Anglesey-based AAC Waterproofing Ltd has agreed a new finance deal with Catalyst Business Finance, the short-term business finance specialist. Established in 1976 as Anglesey Asphalt Company, AAC has been trading in its current format since 1989. Specialising in commercial and industrial roofing, AAC founder Ian Parry foresaw the changes which needed to occur to take […]
BigBlu Broadband plc (“BBB PLC”), the Oxfordshire-based AIM-listed satellite broadband provider, has secured £30m in new funding from Santander Corporate & Commercial to refinance existing debt and convertible loan notes. The new revolving credit facility will also provide headroom for future organic and acquisition-led growth. Led by co-founders CEO Andrew Walwyn and CTO Simon Clifton, […]
Ultimate Finance has partnered with Nivo to invest in facial recognition technology to make it quicker and easier to apply for funding. Nivo gives Ultimate Finance access to a range of leading technology services so they can streamline customer engagement through instant messaging. Features such as biometric ID verification and file sharing remove the traditional […]
ThinCats has provided £250,000 of funding to London-based The Event Corporation (TEC). Founded by the former airline pilot turned entrepreneur, James Sweetnam, The Event Corporation is a UK-wide specialist event company providing activities and experiences for families, groups and corporates. These range from escape rooms and hot air balloon rides through to It’s A Knockout. […]
This established and reputable care home represented an outstanding opportunity for an experienced operator in the care sector. The business traded with a good mix of self-funded and local authority funded clients and has an excellent reputation locally. The property has 34 client bedrooms arranged over three floors, set in an imposing Victorian detached house […]
SmartWater Ltd, the award-winning forensic technology company based in Telford, has secured £14m in new funding from Santander Corporate & Commercial in support of the group’s working capital requirements and the acquisition of Perimeter Intruder Detection (PID) Systems Limited. SmartWater scientists have patented a new system of liquid traceability that uses a robust form of […]
Ada Ventures today announces that it has raised a $34m (£27m) fund. At present, 92 in every 100 dollars invested in Europe goes to all male teams, 83% founders are white, 82% are university educated. In the UK, a quarter of investment committees saw no female founders in 201 and 72% of Venture Capital funding […]
Specialist lender Together has helped a customer complete the renovation of his property by providing a short-term loan in just eight business hours. The customer bought the seaside villa, situated on the edge of a golf course, for £500,000. And he had already started the refurbishment when he was hit with an unexpected tax bill. […]
Bibby Financial Services (BFS) has provided two funding facilities to businesses under the Venian Group of Companies. Venian Recruitment Ltd., a specialist recruitment company, has secured a £400,000 funding facility while Venian Warehousing and Distribution Ltd., which offers storage solutions, has been provided with a £250k funding line. Venian Recruitment, which has offices in Wakefield […]
Brookes HC Recruitment has enjoyed a complete turnaround in fortunes thanks to Ultimate Finance providing an invoice finance facility and back office support. A financial issue with a client pushed the Birmingham-based healthcare recruitment firm to the brink but partnering with Ultimate Finance helped them turn things around. The specialist asset-based lender supported Brookes through […]
