An audio visual and IT equipment supplier has been able to help NHS staff work remotely during the coronavirus pandemic with support from Lloyds Bank. Bolton-based IDNS is a leading provider of large-format displays and supplies a range of audio visual and IT hardware and software. Its 5,000-strong customer base includes schools, universities and the […]
Greater Manchester Chamber of Commerce’s fifth weekly Business Monitor survey shows business confidence remains low as employers wait to see how and when the lockdown will be relaxed. The survey results reveal that more businesses reported a decline in sales and orders than those reporting an increase or no change in sales. Most employers appear […]
Freelancers’ confidence in their businesses and the wider economy has been driven to record lows by the coronavirus crisis, according to research by IPSE (the Association of Independent Professionals and the Self-Employed) and PeoplePerHour, Europe’s largest freelance marketplace. Freelancers’ 3-month confidence in their businesses had already fallen to a six-year low last quarter because of […]
The £400m Northern Powerhouse Investment Fund (NPIF) has remained active despite nationwide uncertainty, completing 61 deals worth over £14m since the beginning of 2020. The Fund, which provides a mix of debt, equity and microfinance up to £2m, has continued to invest in small businesses across the north of England and is still very much […]
Simply has just provided Avon Valley Precision Engineering Ltd with a funding package to enable it to pursue growth plans and, at the same time, contribute its expertise and produce parts for ventilators to help in the frontline effort during the coronavirus (COVID-19) pandemic. The firm, which was introduced to Simply by Andrea Maddalena at […]
Today the British Business Bank has announced that it has approved nine new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), bringing the total number of CBILS lenders to over 60. New lenders Assetz Capital, Atom bank, Ebury, Fleximize, Investec, Social Investment Business, Tower Leasing, Ultimate Finance and White Oak UK, will […]
Specialist asset-based lender Ultimate Finance is today announcing that it has been approved for accreditation to the government backed Coronavirus Business Interruption Loan Scheme (CBILS) by the British Business Bank. The accreditation will allow Ultimate Finance to help close the funding gap faced by SMEs by providing CBILS term loans of £50,001 to £500,000, alongside […]
The company behind the UK’s first innovation event for the road transport sector – due to feature a keynote speech by astronaut Major Tim Peake – has rescheduled the show for 2021, retaining all exhibitors and sponsors, with the support of Lloyds Bank. Warwick-based Binswood Media had a full line-up planned for the inaugural Innovation […]
Insulation and fire protection expert Aran Services has secured £1.5m in working capital from Independent Growth Finance (IGF). The funds, which were raised using invoice discounting, were used to support the recent MBO and to provide working capital to support the continued growth of the business. Founded in 2004, the Suffolk-based company specialises in domestic […]
An East Lothian recycling business has seen its online sales more than triple and has stepped up its local delivery service with the support of Bank of Scotland. It is believed that the jump in sales is partly as a result COVID-19, with more people spending time at home and in their garden. Forth Resource […]
