Tagged: financing

December 21, 2024 @ 10:01 am By Omar Faridi  |  

In November 2024, Estateguru, a platform specializing in property-backed financing, credited more than €11 million in repayments to its investors. According to Estateguru, a notable portion of this, more than €4.2 million, came from successfully recovered loans that had previously “been delayed. Investors earned €1.01… Read More

November 14, 2024 @ 9:11 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided DSW Capital, a mid-market, challenger professional services licence network and owner of the Dow Schofield Watts brand, with capital to support its acquisition of DR Solicitors, the specialist law firm working with medical professionals (including… Read More

November 10, 2024 @ 11:57 pm By Omar Faridi  |  

The European Central Bank (ECB) has released a survey on the Access to Finance of Enterprises: firms report moderate tightening of financing conditions. As noted in the update shared by the European Central Bank, firms reported little changes regarding the availability of bank loans. However,… Read More

October 24, 2024 @ 11:06 pm By Omar Faridi  |  

HeavyFinance and EIF signed a portfolio guarantee of €10.5m. HeavyFinance has teamed up with the European Investment Fund (EIF) in order to secure a €10.5 million portfolio guarantee aimed at supporting the ongoing operations of small and medium-sized farms in their shift toward more “sustainable… Read More

October 19, 2024 @ 4:19 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA), in collaboration with the banking sector, announced several measures to support small and medium-sized enterprises (SMEs) in their development, upgrade, and transformation. Aimed at enhancing competitiveness and productivity, these initiatives come as SMEs navigate changing market conditions. Since launching… Read More

September 28, 2024 @ 10:37 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £40m NAV Revolving Credit Facility (RCF) to returning customer, Literacy Capital. Founded in 2017 by Paul and Richard Pindar, Literacy is “a closed-end investment company focused on investing in and supporting growing UK businesses and… Read More

September 24, 2024 @ 8:09 am By Omar Faridi  |  

UK’s Assetz Capital has reportedly funded new addition to the Belfast skyline. According to the update from Assetz Capital, the Belfast skyline will soon see a new building feature. As mentioned in the announcement from Assetz Capital, the 84 unit serviced apartment development set over… Read More

September 22, 2024 @ 7:37 pm By Omar Faridi  |  

NatWest reports that it has completed a multimillion-pound funding deal with North East’s believe housing. NatWest notes that the £90 million funding package will aim to “support long-term growth plans for social housing association.” As stated in the announcement, believe housing has obtained a £90… Read More

September 6, 2024 @ 8:36 am By Omar Faridi  |  

As consumers find ways to navigate the ever-evolving automotive finance market, leasing is re-emerging as an optimal choice for those seeking flexibility and affordability. According to Experian’s (LSE: EXPN) State of the Automotive Finance Market Report: Q2 2024, leasing witnessed “a notable increase—reaching 25.35%, up… Read More

September 3, 2024 @ 11:05 pm By Michael Wong  |  

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed an investment of up to $130 million in Asialink Finance Corp, a prominent lender to small and medium enterprises (SMEs) in the Philippines. The financing package, aimed at bolstering Asialink’s lending… Read More

September 3, 2024 @ 11:00 am By Omar Faridi  |  

Linas Agro and HeavyFinance will convert 300.000 ha of agricultural land to regenerative farming. One of the largest agribusiness companies in the Baltics, AB Linas Agro, has “become the exclusive representative of the HeavyFinance Carbon Farming Program in Lithuania.” Together, the companies aim to reduce… Read More

August 27, 2024 @ 10:09 pm By Omar Faridi  |  

A total of 7,966 deals (mergers & acquisitions (M&A), private equity and venture financing deals) were announced in the Asia-Pacific (APAC) region during January-July 2024, which was a decline of 9.9% compared to the 8,840 deals announced during the same period in previous year, according… Read More

August 25, 2024 @ 9:03 pm By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £6m loan to Gatehouse Hub Ltd to fund the development of 19 industrial logistics units spread over 43,487 sq.ft., and a wellness centre comprising of 6,458 sq.ft. on the outskirts of Burgess Hill in… Read More

August 23, 2024 @ 8:30 am By Omar Faridi  |  

Arch Lending, the crypto-backed loan provider, announced $75M in funds raised, including an oversubscribed $5M equity seed round and a $70M loan financing facility. The equity round was co-led by Morgan Creek Digital and Castle Island Ventures with participation from Galaxy Ventures, BitGo Ventures, and… Read More

July 14, 2024 @ 7:38 pm By Michael Wong  |  

Singapore’s latest blockchain initiative, Net Zero-X, launched this week, introducing a specialized exchange platform for institutional and accredited investors focused on green, clean, and climate tech projects. The platform aims to address the critical financing gaps that are impeding global efforts to transition to a… Read More

June 23, 2024 @ 7:52 pm By Omar Faridi  |  

Trustwise, an enabler of generative AI application performance and risk management, announced its official launch, the release of its Optimize:ai product, and $4 million in seed financing. Led by Hitachi Ventures with participation from Firestreak Ventures and Grit Ventures, this investment round will “enable the… Read More

June 20, 2024 @ 9:15 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a subscription line to Palamon, a UK-based European mid-market private equity firm. Palamon has deployed more than €2.5bn in mid-cap companies “since its inception in 1999, with a focus on financial services, business services, consumer… Read More

June 16, 2024 @ 3:57 pm By Omar Faridi  |  

Hometree, a residential energy services company, has raised £250m in debt financing from Barclays to help homeowners finance the installation of solar panels, battery storage systems, and heat pumps through a range of lease and loan products. The zero-deposit payment options are uniquely “designed for the… Read More

June 4, 2024 @ 9:34 am By Omar Faridi  |  

MicroBank, the social bank of CaixaBank, has financed a total of 1,019 education, training, and skills projects for students through its Skills & Education program in Spain throughout 2023. This figure represents an “increase of 49.6% compared to the previous year. In terms of financing… Read More

June 2, 2024 @ 4:03 pm By Omar Faridi  |  

With new vehicle inventory rebounding and some manufacturers continuing to offer incentives, consumers are shifting back into the new vehicle market—resulting in a notable impact on lender market share. According to Experian’s State of the Automotive Finance Market Report: Q1 2024, captives’ market share “for… Read More