‘Padel with purpose’ firm to launch three new clubs with help of MEIF II loan
‘Padel with purpose’ firm to launch three new clubs with help of MEIF II loan.
Author: Daniel Loughrey
Posts by Daniel Loughrey
FDC marks £15m milestone in MEIF II loans for West Midlands SMEs
Mercia Business Loans – which manages part of the Northern Powerhouse Investment Fund II (NPIF II) – has provided over £20m debt finance to regional businesses since the launch of the Fund two years ago.
Loan set to power growth at valve specialist
A company that specialises in supplying valves to power stations has secured a six-figure loan to enable it to boost stock levels and expand its business.
Coffee pioneer targets Leeds city centre with two new outlets
The company behind Leeds’ first coffee roastery is expanding its presence in the city centre with the help of a six-figure loan from NPIF II – Mercia Debt Finance, which is managed by Mercia as part of the Northern Powerhouse Investment Fund II (NPIF II).
Aircon specialist aims for growth after buy-out backed by NPIF II loan
An air conditioning company that serves clients nationwide has completed a management buy-out as it marks its 50th anniversary year.
Sports supplier braced for sales boost after Djokovic product launch
A sports and orthopaedic supplier that is the exclusive UK distributor for a new range of products by tennis star Novak Djokovic has secured £150,000 in funding to help boost capacity.
Mercia marks £20m in NPIF II debt funding for SMEs
Mercia Business Loans – which manages part of the Northern Powerhouse Investment Fund II (NPIF II) – has provided over £20m debt finance to regional businesses since the launch of the Fund two years ago.
Funding boost for pharmatech firm replacing injections with inhalers
A pharmaceutical technology company that is transforming drug delivery and enabling patients to replace injections with inhalers has secured a six-figure loan to help it meet growing demand.
Ironmongers set to unlock further growth after buy-out
A Sheffield ironmongers which supplies trade clients nationwide is seeking further growth after a buy-out by a long-serving staff member.
Thriving high street furniture store looks to future with help of loan
A family who set up their own high street furniture store to see if they could ‘make a go of it’ have announced that it’s here to stay – and they are considering expanding into other locations.
Gas detection firm to launch new sensor range with help of MEIF II funding
A company that detects gas leaks using the latest imaging technology has secured a £250,000 loan to help expand internationally and launch a novel range of methane sensors.
Gym entrepreneur secures six-figure MEIF II funding for tenth location
A fast-growing independent gym chain with sites throughout the Midlands is expanding into Solihull with the launch of its tenth location.
Entrepreneur secures six-figure funding for construction business
The entrepreneur behind the transformation of Wolverhampton’s iconic Express & Star building has secured a six-figure funding package to support the growth of his contracting business.
Attic Brew Co secures future with acquisition of brewery site
Birmingham’s largest independent brewery has acquired the industrial estate where it is based, securing its future with a landmark deal.
Padel company backed by cricket star raises £1.2m to open second site
A padel company backed by cricket legend Joe Root MBE has secured a £1.2m loan to open a second site.
Manufacturing champion secures £1m loan for further investment in factories
A company that manufactures components for the defence and security sectors has secured a £1m loan for further investment in its factories.
Recruiter aims to lead way in logistics with MEIF II backing
A recruitment business serving the logistics and supply chain sector has secured a £250,000 loan to help establish itself as the sector’s leading independent recruitment partner.
Not just for Christmas: Gifts supplier set to expand with help of MEIF II loan
A leading wholesaler of festive gifts and decorations is diversifying its business with the help of a £500,000 loan.
Property rentals agency makes first acquisition after a century in business
One of Birmingham’s oldest property management agencies has secured a £345,000 business loan to support its growth following its first acquisition.
Specialist construction firm secures funding from the Midlands Engine Investment Fund II
A specialist construction firm has secured £200,000 in funding for expansion following a management buy-out.
£1.5m MEIF II loan is recipe for growth at natural dog food company
A couple who started a ‘healthy dog food’ business by making home-cooked dishes for their cocker spaniel have secured a £1.5m MEIF II business loan to complete the fit-out of their new premises in Telford.
Brewery entrepreneur secures MEIF II funding to launch Coventry’s first food hall
The Coventry entrepreneur behind the fast-growing Dhillon’s Brewery business has secured funding to open the city’s first dedicated food hall.