11th May 2021
Sylvan Enterprises has received a £500,000 loan through the Midlands Engine Investment Fund (MEIF) ESEM Debt Finance fund and backed by the Coronavirus Business Interruption Loan Scheme (CBILS), managed by Maven Capital Partners.
4th May 2021
Alton based In-Space Missions, is the latest company to secure funding from the Enterprise M3 Expansion Loan Scheme. The £300,000 loan will help the business grow its innovative “Space as a Service” model.
22nd April 2021
One of the UK’s leading building insulation manufacturers, YBS Insulation, has received a £250,000 loan to progress its growth plans. YBS secured the finance from the Midlands Engine Investment Fund (MEIF) East & South East Midlands Debt Finance Fund, managed by Maven Capital Partners.
21st April 2021
Manchester-based independent debt fund Tosca Debt Capital (TDC) has appointed Mat Deering as a partner to further develop and grow its investment portfolio.
20th April 2021
Muzinich & Co. has reached the third close of the Muzinich Pan-European II Private Debt Fund (the Fund), at €342m.
The Fund focuses on providing growth capital to lower middle-market companies to fund acquisitions, expansions and transitions in family and founder-owned businesses. Muzinich & Co.’s locally-based teams work across Europe to deliver on-the-ground deal sourcing and origination. The Fund follows on from the successful €706.5mn closing of the firm’s first Pan-European Private Debt Fund in 2018.
16th April 2021
Addition Capital, the London-based family investment office, has completed a control investment into Be-A Education Ltd, supported by funding from Shawbrook Bank. Hertfordshire-based Be-A Education is the operator of the highly successful and fast-growing New Skills Academy and Staff Skills Training businesses with a mission to make learning accessible to consumers and businesses globally. To date, the award-winning company has sold nearly 1 million courses to consumers in over 30 countries.
16th April 2021
Ingenious has announced that Ingenious Real Estate Finance LLP has completed two new loans totalling £12.8 million to fund new residential development projects in North Devon and the Cotswolds.
15th April 2021
Skin & Tonic, a skincare and wellbeing brand founded in Hackney, London, has secured £830,000 in funding, enabling it to fulfil increased production demands and expand its operations to Manchester. Driven by GC Angels, this includes a £605,000 investment from the angel investment service alongside private investors, as well as a £225,000 loan from NPIF – FW Capital, managed by FW Capital and part of the Northern Powerhouse Investment Fund (NPIF).
13th April 2021
Global syndicated loan volume totalled US$969.1 billion in 1Q21, a decline of 7.2% compared to volume recorded for the first quarter of 2020 according to Refinitiv LPC.
12th April 2021
Wysdom Dental Technologies has received £200,000 from the Midlands Engine Investment Fund, East & South East Midlands Debt Finance Fund, managed by Maven Capital Partners.
The Milton Keynes-based business plans to use the funding to invest in product development and launch its latest cloud-based software for dental practices in the UK.
7th April 2021
The Recovery Loan Scheme, a new scheme to support access to finance for UK businesses as they recover and grow following the pandemic, has opened to applications. The scheme, announced at the Budget on 3 March 2021, is scheduled to run until 31 December 2021, subject to review.
6th April 2021
NatWest has announced that it will offer SMEs up to £1million of cashflow funding through its digital overdraft alternative Rapid Cash, as it looks to support UK SMEs as they enter the next phase of economic recovery.