Tag Archive for Financing

Pitalia Capital to invest £50m in small businesses

By Timothy Adler on Small Business – Advice and Ideas for UK Small Businesses and SMEs

Pitalia Capital has launched a £50m equity fund to invest in small businesses across Britain.

The money will be used either to fund growth for early stage companies or to back management buyouts of mid-sized firms.

The fund can deploy up to £10m per transaction.

>See also: Forward Advances wants to lend £250m to small businesses by 2023

Pitalia Capital is part of the Pitalia group of companies and funded by entrepreneur Anil Pitalia.

John Davies, who has more than 20 years’ experience in venture capital, private equity and corporate finance, has been recruited from Seneca Partners as managing partner to spearhead this small business investment drive.

Davies was investment director at Seneca Partners for six years, where his deals included its exit from digital business communications specialist Mission Labs in a deal valued at £40m, giving Seneca a 4.2x return for investors.

>See also: How to win a £25,000 Business Boost grant for your small firm

He was also deeply involved in Seneca Partners’ investment in Manchester-based Wejo, the connected vehicle data company, which recently announced plans for a $1bn Nasdaq listing.

Davies said: “What makes Pitalia Capital different is our personal approach

Read more...

Pitalia Capital to invest £50m in small businesses

By Timothy Adler on Small Business – Advice and Ideas for UK Small Businesses and SMEs

Pitalia Capital has launched a £50m equity fund to invest in small businesses across Britain.

The money will be used either to fund growth for early stage companies or to back management buyouts of mid-sized firms.

The fund can deploy up to £10m per transaction.

>See also: Forward Advances wants to lend £250m to small businesses by 2023

Pitalia Capital is part of the Pitalia group of companies and funded by entrepreneur Anil Pitalia.

John Davies, who has more than 20 years’ experience in venture capital, private equity and corporate finance, has been recruited from Seneca Partners as managing partner to spearhead this small business investment drive.

Davies was investment director at Seneca Partners for six years, where his deals included its exit from digital business communications specialist Mission Labs in a deal valued at £40m, giving Seneca a 4.2x return for investors.

>See also: How to win a £25,000 Business Boost grant for your small firm

He was also deeply involved in Seneca Partners’ investment in Manchester-based Wejo, the connected vehicle data company, which recently announced plans for a $1bn Nasdaq listing.

Davies said: “What makes Pitalia Capital different is our personal approach

Read more...

What are the funding options for hospitality businesses?

Originally written by fundingoptions on Small Business
Following a lengthy period of unprecedented disruption, hospitality businesses across the UK are once again gearing up for growth. So, what financial options are out there today?
Meeting hospitality business’ cash flow needs
If you run a hospitality business, you may be in need of a cash flow boost to help you grow your business post lockdown or to adapt your premises for customers.
Whatever your circumstances, there are a few funding options to choose from.
Examples of what you can use business funding for:

Hire new employees
Purchase more stock or inventory
Purchase new equipment (e.g. refrigeration equipment) machinery or vehicles
A refurbishment of your premises
A gap in funding

The days of having to rely on your high-street business bank for finance are long gone.
Alternative (or non-bank) lenders have been funding businesses of all shapes and sizes for years. In addition to this, the Recovery Loan Scheme (RLS), the newest iteration of government supported lending has recently gone live and will enable many more businesses to get the vital funding they need.
Here are a few examples of business finance types that could help you boost your venue’s cash flow as we continue to emerge from the lockdown.
1. Unsecured loans
Unsecured loans are available

Read more...

What are the funding options for hospitality businesses?

Originally written by fundingoptions on Small Business
Following a lengthy period of unprecedented disruption, hospitality businesses across the UK are once again gearing up for growth. So, what financial options are out there today?
Meeting hospitality business’ cash flow needs
If you run a hospitality business, you may be in need of a cash flow boost to help you grow your business post lockdown or to adapt your premises for customers.
Whatever your circumstances, there are a few funding options to choose from.
Examples of what you can use business funding for:

Hire new employees
Purchase more stock or inventory
Purchase new equipment (e.g. refrigeration equipment) machinery or vehicles
A refurbishment of your premises
A gap in funding

The days of having to rely on your high-street business bank for finance are long gone.
Alternative (or non-bank) lenders have been funding businesses of all shapes and sizes for years. In addition to this, the Recovery Loan Scheme (RLS), the newest iteration of government supported lending has recently gone live and will enable many more businesses to get the vital funding they need.
Here are a few examples of business finance types that could help you boost your venue’s cash flow as we continue to emerge from the lockdown.
1. Unsecured loans
Unsecured loans are available

Read more...