The latest updates and articles from Arbuthnot Latham
Procam Take 2, Europe’s largest digital cinematography and motion picture equipment hire company, has secured a £7m refinance facility from Arbuthnot Commercial Asset Based Lending (“ABL”) to generate ongoing working capital for new projects, in addition to further CapEx investment in equipment to fulfil demand as the business grows.
Virtually every UK business is facing an economic downturn and pressure on cash flows. A combination of self-help and government support is essential to give businesses the best chance of weathering the current economic storm.
Arbuthnot Commercial Asset Based Lending (ABL) has completed a £1.25m funding facility to support the acquisition of Summit Engineering by Threesixty in a Management Buy-In (MBI) transaction.
Arbuthnot Commercial Asset Based Lending (“ABL”) has structured a £6.5m facility for IT Fleet Automotive (ITFA), comprising a £4.5m receivables finance line, together with an additional £2m CBILS term loan.
Although there is cause for optimism, given recent progress on vaccines and rapid testing, we are still far from out of the woods with plenty of important decisions still to be made by governments, consumers and investors alike before any longer-term conclusions can be drawn from the COVID-19 chapter.
COVID-19 has been by anyone’s measure one of the most significant economic events of the last century. The long-term impact on not just the global economy, but also on society in general, is arguably as or more consequential than the Global Financial Crisis of 2008-9.
October was Arbuthnot Specialist Finance Limited’s (ASFL) biggest month to date, with loan enquiries totalling £108 million from just 64 credit applications.
ABL has structured and delivered a flexible working capital solution for SFC (Europe) Ltd (“SFC”) to support its progressive expansion plans.
Arbuthnot Commercial Asset Based Lending (ABL) has structured and delivered a £3.75m facility for Specialist Crafts, the UK's largest supplier of art, craft and design materials to educators across the world.
Four weeks ago, the prospect of a coronavirus outbreak was a spectre that most of us eyed anxiously on the horizon. For many, its rapid emergence into the foreground has been all-consuming. These are uncertain times, but there are steps businesses can take to mitigate their current challenges and expedite their recovery.
