All articles by Lorenzo Migliorato
Lorenzo Migliorato
Close, Amicus, Leumi lessee goes bust with £4m outstanding
A debtor to Close Brothers Asset Finance, Leumi ABL and Amicus Asset Finance has gone into administration with a total of around £4m (€4.5m) in total owed to the three lenders.
NatWest and Lombard in joint financing to vet clinic
NatWest and Lombard have provided a newly-established veterinary clinic in Cambridgeshire with a funding package to set up its activities.
PMD arranges £4.7m facility for NHS paracetamol supplier
Broker PMD Business Finance has arranged a £4.7m (€5.3m) facility for M&A Pharmachem, a supplier of paracetamol-based products to the NHS.
Marketplace for cross-border SME acquisitions launches
Transeo, an European association for the SME transfer market, has launched an online marketplace for the cross-border acquisition of businesses.
ThinCats appoints former Aldermore executive as head of sales
ThinCats, a peer-to-peer asset-based lender, has made senior appointments in sales and marketing.
Santander UK backs IT company management buy-out
Santander Corporate & Commercial has backed the management buy-out (MBO) of a British IT and telecoms company for an undisclosed sum.
Auto Trader to launch direct-to-dealer de-fleeting service
Auto Trader will launch an online service later this year allowing fleet companies to sell de-fleeted vehicles directly to dealers, bypassing auction houses.
Cambridge & Counties gets £100m BBB guarantee
Cambridge & Counties Bank has obtained a £100m (€114m) guarantee under the British Business Bank (BBB)’s Enable programme.
Secure Trust Bank reaches £2bn in ABL
Secure Trust Bank’s asset-based lending book reached £2bn (€2.2bn) as of May, doubling its size over the last 12 months, the bank has said.