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17th January 2022

Arctic Shores takes aim at global skills shortage with SVB funding

Arctic Shores, the psychometric assessment pioneers, have received £1.5m in venture debt funding from Silicon Valley Bank (SVB). The funding follows another exciting year for the company, where revenues grew by more than 50%.

16th December 2021

Wade Ceramics secures £400k MEIF capital

 

Stoke-On-Trent business Wade Ceramics, has secured a £400,000 investment to help safeguard its current employees and allow the company to enter new partnerships and grow its product range.

10th December 2021

Beechbrook Capital reaches first close of its third UK SME Credit fund

Beechbrook Capital has achieved a first close on its third UK SME focused fund, raising £120m, including the fund and separately managed account commitments.

 

This fund has attracted repeat and new institutional investors, including British Business Investments, the Greater London Authority Strategic Reserve and the Greater Manchester Pension Fund.

6th December 2021

Logistics business AP Taylor secures £750k MEIF backing

AP Taylor Ltd has secured a £750,000 funding package from the Midlands Engine Investment Fund (MEIF), for the East & South East Midlands Debt Finance fund managed by Maven Capital Partners and backed by the Recovery Loan Scheme.

3rd December 2021

Hair care brand Champo secures £550,000 GLIF funding

A London based contemporary hair care brand has secured £550,000 from the Greater London Investment Fund to support its range expansion. The funding will enable the brand to recruit a number of new employees over the next three years.

3rd December 2021

Food brand Wild Jacks secures £250,000 growth capital from MEIF

A food & drink producer based across Lincolnshire has secured £250,000 to upgrade its production facilities, create eight jobs and service its growing customer base.  Wild Jacks Ltd secured the finance from Midlands Engine Investment Fund (MEIF), provided by The FSE Group Debt Finance Fund and backed by the Recovery Loan Scheme (RLS). The MEIF funding will help to upgrade the company’s production facilities and create eight new jobs in the next year.

30th November 2021

British Business Investments commits £7m to FOLK2FOLK

British Business Investments, a wholly-owned commercial subsidiary within the British Business Bank group, has made a £7m commitment to FOLK2FOLK, a specialist marketplace lender for rural and regional smaller businesses.

26th November 2021

R&S Tonks secures £200k MEIF funding

R&S Tonks, a Stoke-on-Trent-based joinery company has secured a £200,000 funding package to create new jobs and expand its operations.

25th November 2021

One Stop Business Finance strengthens team

SME funding specialist One Stop Business Finance (OSBF) has further strengthened its finance brokering and operations management expertise with the appointment of Emma Harris.

19th November 2021

Eskuta receives £1 million from MEIF West Midlands Debt Fund

 

Eskuta Limited has received a total of £1m worth of funding from The Midlands Engine Investment Fund (MEIF), West Mids Debt Finance Fund, managed by Maven Capital Partners, and backed by the Recovery Loan Scheme (RLS).  The business, which has headquarters in Nuneaton, had already received funding from MEIF to support the business’s ambitious growth plans, but has now received a second funding round of £500,000, bringing the total to £1m.  

 

11th November 2021

Pallite receives £750k MEIF funding

A Wellingborough-based paper honeycomb board manufacturer has secured £750,000 to expand its product range, create jobs and enter new markets.  The Alternative Pallet Company Ltd who trade as PALLITE® received funding from the Midlands Engine Investment Fund (MEIF) provided by The FSE Group Debt Finance Fund and backed by the Coronavirus Business Interruption Loan Scheme (CBILS). The MEIF funding will help to create 15 new jobs in the next year, with the ability to offer apprenticeships to the under-25s.

5th November 2021

Arcmont closes second Senior Loan Fund at €5 billion

Arcmont Asset Management, a leading European private debt asset management firm, has announced the successful completion of the fundraising of its Senior Loan Fund II and associated vehicles, attracting total investable capital of €5 billion.

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