Family run plant nursery will use the funding to accelerate growth plans, diversify its customer base and take advantage of new market opportunities.

The Midlands Engine Investment Fund Debt Finance, managed by Maven Capital Partners, has provided Opperman Plants Limited, a Spalding-based wholesale nursery supplier, with a £250,000 funding solution.

BLEND Network, the leading property investment platform specialising in funding low-cost, accessible housing developments has completed the advance of a £460,000 loan to finance the acquisition and redevelopment of a former shoe factory in Wellingborough, Northamptonshire into residential apartments.

The loan was subscribed in just 29 minutes and will part finance the acquisition of the development site, enabling to borrower to develop the property into a fully residential scheme. The site already benefits from detailed planning consent to convert in 24 apartments. It will be developed by an innovative property development team with significant combined property development and construction experience in London and Northamptonshire.

An innovative funding arrangement is helping to accelerate the growth of an award-winning housebuilder and fast-track property ventures across the North of England.

MAVEN Bonds is providing short-term finance to County Durham developer Homes by Carlton, to drive forward several property schemes around the northern regions.

The Newton Aycliffe-headquartered firm recently used a £300,000 short term development finance loan to fast-track construction work on its Cathedral Gates development in Chilton. Situated eight miles from Durham City centre, the scheme comprises 14 spacious plots with a mix of three and four-bed detached and semi-detached homes. It has proved popular with ten of the plots already sold – giving the construction team the confidence to accelerate the building programme.

Since being appointed by the British Business Bank in 2017, to manage two debt funds on behalf of the Midlands Engine Investment Fund (MEIF) Maven has completed transactions ranging from £100,000 to £1.5 million, providing finance across a diverse variety of sectors, including retail, tech, engineering and healthcare. Typically, funding is secured to drive expansion, such as hiring new staff, purchasing machinery, increasing working capital and growing customer reach.

The Midlands Engine Investment Fund (MEIF) has appointed a new fund manager and made £40 million available to invest in the region’s small businesses.

Appointed to address regional demand for alternative debt finance options, The FSE Group will manage the £40 million debt fund, with the capability to invest between £100k and £1.5 million in businesses based in the West Midlands and East & South East Midlands.

Barclays has launched of a new cashback scheme for term loans to eligible SME borrowers in the UK. Supported by a £450m ENABLE guarantee from the British Business Bank, this scheme is the largest of its kind to launch in the UK. 

The British Business Bank’s ENABLE Guarantee programme helps banks to increase their lending to smaller businesses by reducing the amount of capital required to be held against such lending[1]. 

One of the key benefits of the ENABLE programme for customers is that Barclays will offer qualifying SMEs cashback on eligible lending, with the intention of supporting SME growth in the UK. 

Foresight Group is supporting the MBO of Signature Private Finance Holdings Limited from private equity firm, Cabot Square Capital, with an investment of £16.8 million to secure a majority stake in the Company.  Foresight will also provide an initial £5 million revolving credit facility for the specialist property lender.  Signature has also updated its brand, becoming Signature Property Finance, to better reflect its market offering.

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.

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.

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

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.

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.