Equals Group PLC, the e-banking and international payments group, is pleased to announce a further acquisition aligned to its publicly stated expansion strategy. The group has acquired the entire issued ordinary share capital of Casco Financial Services Limited (“Casco”), a UK based payment services provider (the “Acquistion”). The initial consideration for the Acquisition is £1.725m […]
Assetz Capital has supported WGJ Properties with a £950,000 loan for the development of 14 two-bedroom apartments in New Brighton, on the Wirral. The apartments include two bedrooms, a bathroom and reception area as well as an integrated kitchen. The properties also boast private parking with a Church, library and health centre all nearby. This […]
Arbuthnot Commercial ABL, the specialist asset based lending arm of Arbuthnot Latham, has completed a £2m asset based lending (ABL) transaction in support of the strategic acquisition of Circum Ltd, a fire protection services specialist, by EA-RS Fire Engineering Ltd. (“EA-RS”). The facility comprises a flexible confidential invoice discounting line and a term loan. EA-RS, […]
Simply, the SME funder, recently provided a £225,000 funding facility to the Hawkes Group to enable it to buy three excavators to work on further demolition contracts. Northampton- based Hawkes Group is one of the fastest-growing construction industry partners in the UK, offering a full range of services from demolition, civil engineering, plant hire, earthworks, […]
Alternative SME credit specialist Caple has supported S3 Advertising, a national full-service advertising agency, with an eight-year unsecured loan. This deal with Caple will enable the current S3 Advertising management team to complete a management buy-out and retain independence. Following the MBO, S3 Advertising plans to pursue more national business by demonstrating its commitment to […]
Pensworth Food Service Specialists has secured a £13.75m loan from Secure Trust Bank Commercial Finance, as the firm looks to bolster its presence in the North by opening a site in Manchester. Established in 1975, Pensworth is a family-run food service supplier. The company delivers supplies to thousands of business customers, as well as hospitals, […]
Assetz Capital has provided a £3.1m loan to Eastrop Barns Ltd to fund the construction of eight new homes in Highworth, near Swindon. The site, which is in a semi-rural location of Highworth, is built on farm land located 10 minutes from Highworth town centre. The development will consist of three luxury converted modern farm […]
Sale and leaseback (SLB) transactions across Europe accounted for 11.1% of total retail investment volumes in the first three quarters of 2019, according to a recent report from Savills. This is a record high since 2007 (11.3%) and 30% above the average of the past ten Q1-Q3s. Data from the international real estate advisor shows […]
Bibby Financial Services (BFS) has provided a £750,000 funding facility to Pentland Material Supply Ltd., a specialist engineering solutions provider serving a diverse range of customers across multiple sectors. Formerly known as Pentland Precision Ltd., the Loanhead-based business was founded in 2001 and provides specialist engineering services, including laser cutting, sheet metal work, fabrication and […]
As British Steel looks set to announce it has been rescued by Chinese firm Jingye, a move which could secure 4,000 jobs directly and thousands more in the supply chain, Dr Jonathan Owens, logistics expert from the University of Salford Business School, comments. Dr Owens said: “It appears the Chinese based Jingye Group may have […]
