Inspired Life Care, a care home company operating in Cheshire, has secured an £8.2m refinance deal on their new Telford Court specialist care home in Crewe. The funding package, provided by Yorkshire Bank, was negotiated by Peter Black of Cheshire-based finance company, Snowball Alternative Finance. Telford Court is an 85-bed…

The short-term property/bridging market continues to grow in terms of the number of players and the number of applications being presented to them. The Association of Short Term Lenders (ASTL) revealed that in Quarter 1 of 2019 the number of applications increased in number by 6.9% compared to the same…

Selling a business is a major event, both financially and equally emotionally. For this reason, one of the most important considerations early on is to take onboard professional help and advice. A seller needs that independent and expert advice to guide them through the whole process and help the seller…

A number of recent reports continue to confirm that lending from the high street banks continue to fall for SMEs and that the number of companies rejected for funding continues to increase. Bank lending for SMEs is reducing whilst at the same time lending to large companies has increased by…

Peter Black was recently asked to speak at the Insider Breakfast on Professional and Financial Services in Manchester, where alongside his fellow speakers they discussed all aspects of the professional and financial services community in the North West. This was featured in the April edition of Insider. Some of the…

Private Equity investments in the UK bounced back in the first three months of 2019, after a so called ‘Brexit effect’ on the market at the back end of 2018. Deal values increased to £8.9bn between January and March, which was up from £6.1bn in the final quarter of 2018,…

Loan Stacking is the practice where businesses takes out multiple unsecured loans or cash advances on top of other unsecured loans in order to keep funding a business. The lender may or may not be aware of all the other loans and it provides a false picture to the lender…

Monies lent against the EFG, the Enterprise Finance Guarantee Scheme, fell to a record low in Q4 2018 of £55.6m and 78% below its peak in Q2 2009. The EFG scheme is used to facilitate lending to viable SME businesses with turnover less than £41m that would normally be turned…

A new survey from has revealed that the number of people who have considered going somewhere other than their bank for finance is on the increase. The insights come from a new survey conducted by business finance provider Growth Street. The firm canvassed more than 2,000 directors and employees of…