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15th January 2020

LJ General Builders secures £250k from MEIF Maven

The Midlands Engine Investment Fund (MEIF) Debt Finance, managed by Maven Capital Partners, has provided LJ General Builders Limited, a general builders company which undertakes residential and commercial property builds, renovations and extensions, with a £250,000 funding solution. The loan will support the company’s ambitious expansion plans, enabling it to finance a new contract to build several properties for the Nottingham Community Housing Association.

10th January 2020

IGF strengthens national presence with new commercial director

Independent Growth Finance (IGF), a leading independent commercial finance provider, appoints Matt Shepherd as Commercial Director. Matt comes to IGF with nearly 20 years experience in finance, with a focus on business development and asset based lending.

9th January 2020

Make-over for Coffi Co with Development Bank of Wales funding

Coffi heads are enjoying a new experience in Cardiff Bay following a refurbishment and extension of Coffi Co’s Mermaid Quay store.

20th December 2019

Development Bank of Wales supports Snowdrop Independent Living

Snowdrop Independent Living has opened a new mobility aid showroom in Cardiff. Taking over Hearing and Mobility’s Cardiff branch, located on Merthyr Road in Whitchurch, the shop will retain its existing staff and knowledge while benefitting from Snowdrop's twenty years of customer and industry expertise and manufacturer relationships.

4th December 2019

Vacuum Furnace Engineering receives £1.5m from MEIF Maven Debt Finance

The Midlands Engine Investment Fund (MEIF) Debt Finance, managed by Maven Capital Partners, has provided Black Country based Vacuum Furnace Engineering Ltd, with a £1.5m funding package. This will enable the business to increase output, fund several large projects and pursue its growth strategy.

 

4th December 2019

Esme Loans hits £100M of lending

Esme Loans, the SME digital lender backed by NatWest, has achieved £100million of lending to UK SMEs.

3rd December 2019

Charity Bank raises £5 m subordinated debt with the help of ClearlySo

Charity Bank, the loans and savings bank owned by and committed to serving the social sector, has announced both the successful raise of nearly £5 million in subordinated debt and its plans to attract an additional £10 million in new equity investment from charities, trusts and foundations. This capital will enable Charity Bank to grow its support for the social sector and increase its capacity to respond to a growing demand for repayable finance, including the significant unmet demand for unsecured funding.

3rd December 2019

NatWest and Moneypenny join forces to support UK small businesses

NatWest is partnering with Moneypenny, the world’s largest and highest rated outsourced communications provider, to bring the 900 entrepreneurs it supports through its Accelerators exclusive access to tools and advice that will help them to grow and develop their businesses.

2nd December 2019

Telling Architectural secures £750,000 loan from MEIF Maven Debt Finance

The Midlands Engine Investment Fund Debt Finance, managed by Maven Capital Partners, has provided Telling Architectural Limited, architectural façade design specialists, with a £750,000 loan to expand their facilities, creating 7 new roles in the region.

Architectural specialist, Telling, designs and supplies a variety of façade rainscreen systems, specialising in clay, brick, ceramic and stone cladding as well as Glass-fibre Reinforced Concrete (GRC) cladding in the UK. With offices in the UK and New York, the company has internationally built a reputation for its expertise in cladding, offering clients design services, technical assistance and installation support.

28th November 2019

New fund to help businesses failed by banks

A new ethical loan fund has been launched to help grow businesses who find accessing finance difficult has been warmly welcomed by the FSB as a way of disrupting the market.

The fund, delivered by Transmit Growth Loans, has been created to support small business across England whose growth is stunted because of lack affordable finance. 

It aims to make access to funding fair, flexible and simple, with loans of between £10,000 and £60,000 initially.

22nd November 2019

Beechbrook Capital’s Ireland SME fund completes first investment

Beechbrook Capital, the leading SME private debt fund lender, has appointed Conor Molloy as chairman of its new Irish SME fund which has made its first investment in the Republic of Ireland. Beechbrook Capital Ireland SME I is providing a €7.5 million finance package for Bio-Medical Research Limited (BMR), a world leader in electrical muscle stimulation technology for the fitness and wellness sector.

 

19th November 2019

Tregroes Waffles ramps up production

 

A six-figure investment from the Development Bank of Wales will enable a waffle company to expand its current production to meet the demands of a national retailer.

 

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