UK Export Finance (UKEF) has closed its first ever transaction supporting overseas oil and gas decommissioning, securing finance for a major contract which benefits over 70 Scottish firms. The export credit agency has issued a $7.5m guarantee which allows Brazilian contractor Ocyan to secure financing from ABC International Bank plc for new equipment from Scottish […]
The UK’s largest commercial bank has extended its first mass market Intellectual Property-backed loan to Sci-Net, a high growth software business based just outside Oxford, in Chipping Norton. Sci-Net, a Microsoft Tier 1 Gold partner, has secured a £700,000 loan from NatWest. The bank’s IP-backed loan will aid the company in growing its already impressive […]
Shetland is due to get its first ever whisky distillery in 2024, after the business owners accessed specialist advice from Business Gateway. Lerwick Distillery will open its doors later this year, with a date to be announced. The concept that began more than a decade ago between friends Martin Watt and Calum Miller is nearing […]
A former headteacher whose son registered her business on Companies House without her knowledge is now the creator of an award-winning Scottish craft gin. Collymoon Craft Gin’s Gealach Úr Scottish Dry Gin recently won the Bronze Medal Award for Scotland in the London Dry Gin category at the World Gin Awards in January. The gin, […]
A hotel complex in the Scottish Highlands, dedicated to members of the British armed forces, veterans and their families, has secured a six-figure funding deal to complete its transformation. Forces Manor, situated in the Cairngorms National Park and owned by former army soldier and now veteran Tony Brown, has utilised the facility provided by alternative […]
Two entrepreneurs with a wealth of experience working in some of London’s top restaurants have launched their first UK restaurant venture in Leeds, after securing a £110,000 business funding deal from Reward Finance Group. Alexander Jarvis and husband, Clement Cousin, have utilised the facility provided by Reward, an alternative finance lender, to purchase the former […]
A deal supported by the UK government’s export credit agency has landed a £4.5m export contract for structural steel firm Severfield. Headquartered in York, Severfield has five manufacturing sites in the UK and two in mainland Europe. Severfield operates in a range of sectors including infrastructure, transport, and commercial, working on high-profile projects such as […]
A Bristol-based pub landlord, who recently received national acclaim for his popular Sunday Roast, has secured a six-figure funding deal to help purchase and redevelop a historic Grade II listed pub in the St. Jude’s area of the city. Sam Gregory is utilising the facility provided by alternative finance lender Reward Finance Group to acquire […]
An Edinburgh-based property investment group has secured a £530,000 funding deal to both acquire a grade B listed building in the Leith area of the city for hotel redevelopment and also complete the major refurbishment of a new boutique hotel. Archibald Marckay Group has utilised the facility provided by alternative finance lender Reward Finance Group […]
An Inverclyde family support worker has launched a range of play and learn sessions to encourage children’s positive early experiences after she accessed expert support from Business Gateway, Scotland’s national business advisory service. Jacqui Jack’s Play & Learn sessions provide a safe, stimulating, and nurturing environment that encourages creativity, exploration, and discovery through play-based learning. […]
