DAPV Ltd, trading as Boulevard Online, a Worcester-based e-commerce business has secured a funding package of up to £600,000 to help build its software and expand its operations whilst creating new employment opportunities.

A Birmingham-based machining company has secured a £400,000 loan to help safeguard its 65 employees as well as creating 10 full time new jobs and apprentices over the next two to three years. AE Aerospace secured the finance 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).

British Business Investments, a commercial subsidiary of the British Business Bank, has announced a £50m commitment to private credit provider Apera Asset Management.

Ingenious has announced that Ingenious Real Estate Finance LLP (Ingenious Real Estate) has completed four new loans totalling £52million to fund new residential developments in Liverpool and across Greater London.

Churches Fire, a Southampton-based provider of fire safety and security compliance services, has secured a significant £75 million refinancing package from HSBC UK and HSBC Asset Management, Northleaf Capital Partners and Siemens Bank.

A boom in the construction industry created unprecedented demand for the Target Group which specialises in digger, dumper and access platform hire across Colchester and Ipswich, London and Kent. 

To fund new dumpers, tippers and excavators, Target Group turned to the Metro Bank at Colchester to help finance the equipment their customers urgently needed.  Each of Metro Bank’s 77 stores has a local director who specialises in supporting their local businesses and SME communities.

New alternative lender Blazehill Capital has announced the appointment of Jake Hyman as Business Development Director, 

Sylvan Enterprises has received a £500,000 loan through the Midlands Engine Investment Fund (MEIF) ESEM Debt Finance fund and backed by the  Coronavirus Business Interruption Loan Scheme (CBILS), managed by Maven Capital Partners.

Alton based In-Space Missions, is the latest company to secure funding from the Enterprise M3 Expansion Loan Scheme. The £300,000 loan will help the business grow its innovative “Space as a Service” model.

One of the UK’s leading building insulation manufacturers, YBS Insulation, has received a £250,000 loan to progress its growth plans.  YBS secured the finance from the Midlands Engine Investment Fund (MEIF) East & South East Midlands Debt Finance Fund, managed by Maven Capital Partners.

Manchester-based independent debt fund Tosca Debt Capital (TDC) has appointed Mat Deering as a partner to further develop and grow its investment portfolio.

Muzinich & Co. has reached the third close of the Muzinich Pan-European II Private Debt Fund (the Fund), at €342m.
 
The Fund focuses on providing growth capital to lower middle-market companies to fund acquisitions, expansions and transitions in family and founder-owned businesses. Muzinich & Co.’s locally-based teams work across Europe to deliver on-the-ground deal sourcing and origination. The Fund follows on from the successful €706.5mn closing of the firm’s first Pan-European Private Debt Fund in 2018.