Arbuthnot Commercial ABL backs civil engineers’ MBO with £4.5m facility
Arbuthnot Commercial Asset Based Lending has provided a £4.5m facility to support MDS Civil Engineering’s management team, Darren Chaston, Richard…
Siemens keeps wind turbine blades turning with provider’s invoice finance deal
Global wind turbine repair and maintenance provider, GEV Wind Power has returned to Siemens Financial Services (SFS) for its invoice finance facility after an almost two-year hiatus. GEV previously enjoyed…
14 Dec 2020
Asset Alliance sells entire share capital, valued at £4.1m, to Arbuthnot Banking Group
Asset Alliance Group, a UK provider of commercial vehicle leasing, has announced its intention to sell its shareholding to Arbuthnot Latham and Co. The acquisition, which is subject to regulatory…
14 Dec 2020
British Business Investments inks £25m block discounting agreement with Haydock
British Business Investments (BBI), a commercial subsidiary of the British Business Bank, has announced a £25 million commitment to asset finance specialist, Blackburn-based Haydock Finance Ltd. The three-year funding commitment…
11 Dec 2020
Close Brothers Asset Finance arranges £3m CBILS funding for ‘blue planet’ packaging machine
UK small business finance provider Close Brothers Asset Finance has offered Transcend Packaging a £3m Coronavirus Business Interruption Loan Scheme (CBILS) facility to help fund the firm’s industrial paper straw…
04 Dec 2020
Paragon arranges £120k CBILS facility for plumbing and draining firm
Paragon Bank has provided a £120,000 Coronavirus Business Interruption Loan (CBILS) loan to Uxbridge-based plumbing and draining firm, Jet Clean Maintenance Services Ltd. Jet Clean is a plumbing and drainage…
11 Nov 2020
Dawsongroup Finance in supermarket chain Xmas deal worth £15m
Dawsongroup Finance has secured a major leasing contract worth £15m to supply delivery trucks and trailers for an unnamed supermarket chain, enabling the firm’s expansion of delivery capacity over the…
09 Nov 2020