Assynt Corporate Finance assist Security business access £50,000 BBL finance

Assynt Corporate Finance, a member of The Corporate Finance Network in Hertfordshire, has advised a security business on raising a £50,000 Bounce Back loan.

Andrew Watkin (pictured), a business adviser at Assynt Corporate Finance was speaking to this client about cash flow in general and found out the client was unaware of the ability to apply for a Bounce Back loan from their bank..

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KJG engineers company sale for retiring shareholders

Kay Johnson Gee LLP (KJG), a member of The Corporate Finance Network based in Manchester has advised the owner of an Engineering business on its sale for £750k.

The KJG team, led by Corporate Finance Partner Steven Lindsay, was approached by his client when they decided to consider options for selling their business in what is a very active M&A market.

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Dyke Yaxley raises finance for Antique Retailer

Dyke Yaxley, a member of The Corporate Finance Network with two offices in Shropshire and one in the United States has successfully advised the shareholders of an antiques retailer on a capital raise.

The antiques dealer, a longstanding client of Laurie Riley, Director at Dyke Yaxley was in need of additional capital to mange the impact following the COVID pandemic.

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HGH advise owners of Lakeside Lodges on company sale

North Yorkshire-based accountancy firm Hunter Gee Holroyd (HGH), has advised the owners of a group Lakeside Lodges on their strategic sale to a leisure company.

Mark Grewer, Director of Corporate Finance at HGH was approached by his client when they were approached by the eventual purchaser in February 2020 who declared they would like to potentially acquire the accommodation business.

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McBrides advises construction support business on £300,000 CBILS loan

McBrides, a member of The Corporate Finance Network based in Kent and South East London, has advised the shareholders of a construction support business on a £300,000 CBILS loan.

McBrides Corporate Finance Partner, Mark Grady was approached by his client following the overnight shutdown in the construction sector which left the business needing prompt advice regarding short to medium term cash flow advice.

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Proficio Solutions raises £600,000 CBILS loan for legal services firm

Proficio Solutions, a provider of specialist Financial Director consultancy, bookkeeping, payroll, accounts management and cloud support for owner managed businesses based near Oxford has advised a legal services company on raising £600,000 via the Coronavirus Business Interruption Loan Scheme (CBILS).

Michael Pawley, Managing Director of Proficio Solutions, worked with the owners of the legal practice to first identify what level of funding would be required to support the business through the COVID-19 crisis and the subsequent recovery period.

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MAP helps client refinance loan using CBILS for better terms

MAP, a provider of corporate finance and accountancy services based in Manchester has advised a Digital Learning business on a £110,000 CBILS fundraise used to refinance existing debt on better terms.

Paul Barnes, Managing Director at MAP took the initiative to contact his client after some careful analysis of their existing debt showed that better payment terms were available under the CBILS.

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Assynt Corporate Finance assist Car Repairs business access £175,000 CBILS loan

Assynt Corporate Finance, a member of The Corporate Finance Network in Hertfordshire, has advised a car repairs business on raising a £175,000 CBILS loan.

Soon after CIBILS arrangements were announced by the government, Andrew Watkin (pictured), a business adviser at Assynt Corporate Finance recommended to a car repairs business owner that CBILS would be beneficial to their business.

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