A leading medical equipment manufacturer increased its production capacity and workforce to help NHS Nightingale hospitals care for patients fighting the coronavirus, with support from Lloyds Bank. West Sussex’s RDP Group specialises in medical carts with inbuilt IT systems. It supplies 95% of NHS trusts across the UK with workstations for medical professionals in hospital […]
Paragon Bank, the specialist finance provider, is supporting Hampshire-based AdCo UK tackle coronavirus and maintain local jobs, providing a £60k funding package to enable the company to shift production to produce alcohol hand gel. With a turnover of £1.8m, AdCo UK Ltd is one of the UK’s leading specialist adhesive manufacturers. As coronavirus cases spread, […]
Just over a year on from securing a six-figure funding solution, an Essex-based air conditioning and refrigeration contractor has happily parted ways with its funder. As a result of successfully obtaining new contracts, delivering an investment programme focused on improving technology and recruiting additional employees to cope with demand, the firm has found itself in […]
Delays at Companies House are leaving businesses wishing to dissolve with growing and unnecessary debt, warns accountants, business and financial advisers Kreston Reeves. Andrew Tate, partner and head of restructuring at Kreston Reeves comments: “Many companies have seen business disappear as a result of the coronavirus with little prospect of it returning and are taking […]
A Newcastle-based food tech manufacturer is ramping up production of its pioneering sanitisation systems to meet a huge increase in demand with the support of Lloyds Bank. Biofresh Group Ltd, which is headquartered in Stocksfield, Northumberland and has production facilities in Gateshead and Huddersfield, has seen orders for the equipment rise more than ten-fold since […]
A Challenger Bank has pledged added support for professional landlords across the country amid the Covid-19 crisis. Redwood Bank has vowed to continue increasing its lending and, in particular, is keen to help professional landlords with residential investment opportunities, with new rates starting from 3.99% plus base rate. In addition, the Bank has announced it […]
A West Midlands company has repurposed its business model in order to produce vital PPE stations and acrylic protection screens to the medical sector, with help from an ongoing invoice finance facility provided by Reward Finance Group. Zero Point 8, based in Netherton, near Dudley, has fitted out reception areas in dental practices with acrylic […]
Hodge has today announced a number of changes to its board, including the appointment of new chairman, Graeme Hughes, who will replace Adrian Piper who retires after nearly ten years as a board member. The bank has also announced Iain Laing will join in July this year as its new chair of risk and conduct, […]
A six-figure funding package from Unity Trust Bank will help to support small businesses in the West Midlands which are struggling during the Covid-19 pandemic. The commercial bank with a social conscience has agreed a loan of £900,000 for Birmingham-based ART Share which trades as ART Business Loans (ART) – a Community Development Finance Institution […]
A family-run Harrogate restaurant that has turned to making takeaway deliveries to survive the COVID-19 pandemic has secured a ‘bounce back’ loan from Lloyds Bank to boost its recovery hopes. William & Victoria, a mainstay of the North Yorkshire town’s dining scene for over 30 years, is borrowing £50,000 via the government’s Bounce Back Loan […]
