National business funder Scottish Pacific will partner with peak industry body the Recruitment, Consulting and Staffing Association of Australia and New Zealand to offer RCSA members a funding solution designed to help recruitment and staffing businesses to scale-up their operations. RCSA CEO Charles Cameron said the innovative partnership aims to address cash flow needs and […]
Mobile Account Solutions (MAS), one of the UK’s leading business telephony companies, has agreed a £7.1m funding facility with ThinCats, the leading alternative lender to mid-sized UK businesses. Based in Hertford, MAS was established in 2006 with the aim of helping businesses reduce their telecommunication costs. The company currently provides competitively priced mobile packages and […]
Zenobē Energy, one of the UK’s largest independent owners and operators of battery storage, has secured a non-recourse £25m debt facility from Santander Corporate & Commercial, to support the continued growth of the company. This follows the successful £35m of equity raised from JERA Co. Inc. and TEPCO Power Grid Inc. earlier this year. Zenobē […]
Christmas has come early for a client of Crystal Specialist Finance (CSF) after a stalled £748,870 deal was picked up and turned around in just 15 hours. The broker’s client, who required the funds to redeem a second charge bridging loan and to raise capital for business purposes, contacted CSF at 17:30 on a Friday […]
Metro Bank has provided Noumed Life Sciences with a £4.5m asset finance facility to support the acquisition of new pharmaceutical manufacturing equipment at its Maidenhead offices. In addition, Metro Bank is also proud to become the full commercial banking provider to Noumed. This combined asset finance and banking package will enable Noumed to produce a […]
Esme Loans, the SME digital lender backed by NatWest, has today achieved £100m of lending to UK SMEs. Esme started life in February 2017 in pilot, with the aim to provide end to end business loans to UK businesses in less than one hour, using a digital platform based on technology provided by Israeli fintech […]
Marketplace lender Assetz Capital has provided a £3.3m development loan to Artisan (UK) Developments to fund the construction of 14 commercial units in Bedfordshire. The loan is required to fund the project which will be suitable for a range of uses such as offices, clinics and research and development. Each unit is constructed to a […]
Aspen Bridging has worked in partnership with property crowdfunding investment firm, Crowd With Us (CWU) to complete an 82.5% LTV development exit case at £3.3m. The deal, which was finalised from 0.59% on a 10-month term as a number of sales are due to imminently complete, saw Aspen lend £2.735m and hold first charge against […]
Metro Bank, known for its exceptional customer service, is pleased to announce its recent commercial partnership, lending an additional £11m to Richmond Motor Group to assist it with its acquisition of two motor dealerships, Sparshatts of Botley Ltd & Sparshatts of Fareham Ltd on the south coast of England. The deal, which was finalised in […]
Wyelands Bank completes deal with stainless steel supplier to fund acquisition and growth Wyelands Bank, set up to help small and medium businesses, has completed a seven-figure asset-based lending deal with AD Bird Stainless Limited, a supplier of precision, specialist, stainless steel. The Wyelands Bank deal enables AD Bird Stainless to acquire AKM Steels, suppliers […]
