Independent Growth Finance, an asset-based lender, has grown rapidly since its own buy-out in 2016. Marc Mullen spoke to CEO John Onslow and commercial director Matt Shepherd about the market and outlook given the times we are in, touching upon how IGF has coped with the COVID-19 crisis, Brexit and a breakdown of the team.
Employee buy-outs are on the rise. Mary Erb, partner at law firm Fieldfisher, is increasing awareness of the option in the North West.
Putting together an accounts receivable facility for a niche oil bunkering business was challenging, and COVID19 didn’t help. But Andy Pickford of FRP says there was still appetite for the deal.
As COVID-19 forced the UK into lockdown, the Welsh government turned to the Development Bank of Wales to deliver loans to struggling businesses. Marc Mullen speaks to CFO David Staziker about saving jobs and livelihoods in the devolved nation.
Writing for the Corporate Finance Faculty, Jon Moulton saysICAEW’s response to HMRC’s plans of jumping the creditor queue deserves praise.
Marrying up what companies and their private equity backers want with what other investors want is paramount to the success of alternative lender Beechbrook Capital. Marc Mullen talks to its co-founders and partners, Paul Shea and Nick Fenn about the impact of Brexit, and their investments and exits to date.
Guides and reports
Launched in 2014 by ICAEW and the British Business Bank, the Business Finance Guide helps entrepreneurs and companies to find the finance they need to invest, grow and overcome adversity. With a tool to help businesses identify what finance solutions might be suitable, as well as overviews of what the options offer and support on how to secure finance.
Debt for deals outlines the main features of the UK’s debt market, explores how it has developed since the start of the financial crisis in 2008 and offers guidance to corporate finance advisers and company executives on how to access the right debt finance for deals.
Asset based finance (ABF) is increasingly being used as a source of funding by high growth companies – from small businesses, to those owned by private equity, to innovative businesses and subsidiaries of some of the world’s largest companies.