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.