10th July 2019
Maven Capital Partners has funded manufacturer and supplier of homelifts, Stiltz Limited, with a £1m loan facility from the Midlands Engine Investment Fund (MEIF). The debt package will allow the business to execute its growth plan; upgrade its internal system and IT infrastructure, invest in stock to meet growing customer demand in the UK and overseas for its products, whilst creating 16 new jobs in the region.
10th July 2019
Independent Growth Finance (IGF) has achieved £100 million client funds in use through fundingUK SMEs. The company’s audited 2018/19 accounts show a 39 percent growth in funding provision, as compared to FY17/18, highlighting the continued drive by the independent asset based lender to support the growth aspirations of UK businesses despite an unsettled economy.
8th July 2019
MEIF Debt Finance, managed by Maven Capital Partners has backed pop-up retail specialists, Rapid Retail Limited (“Rapid Retail”), with a £300,000 business loan. The loan will enable the Worcestershire company to accelerate its growth plans by expanding its portfolio of products, exploiting new growth opportunities overseas and support the creation of new jobs.
28th June 2019
Poplars Forge, a traditional ironwork business is gearing up to move premises, improve productivity as well as teach the next generation of blacksmiths thanks to a loan from the Development Bank of Wales. This will be the second time Poplars Forge has received funding from the development bank following a fast-track loan to purchase new equipment in 2018.
26th June 2019
, the bank of the world’s most innovative businesses and their investors, has led a £50 million senior secured term loan to Draper Esprit plc, the AIM-listed venture capital investor, which has supported entrepreneurial, fast-growing companies across Europe for over 20 years.
26th June 2019
Thames Technology capitalises on fintech market with £3.9 million funding from Independent Growth Finance to support company transformation spearhead innovation.
19th June 2019
The level of P2PFA platform lending has continued to increase during the first quarter of 2019 – with more than £850 million of loans facilitated over the three month period – taking the cumulative lending for the Association’s members to more than £10.5 billion.
14th June 2019
Funding Options has appointed David Keene to its senior leadership team as Chief Marketing Officer. In this role, David will be responsible for leading the marketing function at Funding Options to expand its customer base in the UK, Netherlands and Europe while also launching new products and solutions designed to support small businesses.
12th June 2019
Business to business (b2b) telecoms provider Challenger Mobile Communications is targeting growth after a management succession buyout supported by a £1.4m loan from the Development Bank of Wales.
11th June 2019
finnCap Group plc, a leading adviser and broker to ambitious growth companies, is delighted to announce that it has expanded its debt advisory team with two senior new hires.
6th June 2019
Groovy UK Limited, a wholesale and giftware business, has received a £250,000 loan facility from the Midlands Engine Investment Fund (MEIF), managed by Maven Capital Partners.
The business is a developer, wholesaler and distributer of giftware products and will use the funding to accelerate the company’s growth plans and invest in its product portfolio and licensing agreements.
Groovy sources and designs hard-to-get giftware products and supply them to major high street and online retailers. With experience in both designing and manufacturing a mix of original products, Groovy’s clients include the likes of Argos and Harrods.
29th May 2019
Following recent expansion in Singapore, London based RegTech firm ClauseMatch closed its first venture debt funding round with Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses and their investors.