Newsroom

Shawbrook Bank has launched a new digital portal that will help brokers provide clearer, faster decisions to their business customers on asset finance proposals. The move comes as the next in a series of digital capability innovations launched by the specialist lender in recent months.

A speciality finance company based in Greater Manchester and founded by an ex-airline pilot expects to double its loan book within 12 months after securing 3 institutional funding lines including an increased facility from Shawbrook Bank - the first institutional lender to back the company in 2019.

The management behind the UK’s largest independent producer of PET bottles and containers is taking a leading position in the fight against single use plastics thanks to a £9m funding boost.

A historic Brentwood country estate once used by Sir Winston Churchill as a weekend retreat is undergoing a £27 million transformation into a new luxury development.

Shawbrook has structured a new funding line to support BloomSmith as they look to extend their commercial reach and progress their growth plans.

Slough Borough Council’s former High Street contact centre is undergoing a £26 million transformation after property developer Kings Oak Capital secured support from Shawbrook Bank.

Work is set to start on a sustainable residential project for the over-55s in Burnham-on-Crouch, Essex, after property developer Burnham Waters Ltd., secured a £17 million loan from Shawbrook Bank.

Panicium Ltd continues to build its portfolio in the food industry with the acquisition of fresh spreads and potted meats manufacturer, Binghams Food Ltd.

Shawbrook plans to hire 50 roles in 2021 and at least another 50 new roles in 2022 across the firm, as part of our continued focus on technology and data.

A Suffolk technology consultancy and distributor has been acquired by Merino Private Equity, after growing revenues by 30% during the pandemic, with support from Shawbrook Bank. Multithread Consultants’ management now aim to drive further growth following the management buyout (MBO) with investment from Merino Private Equity.

Carnaby Caravans, a leading manufacturer of high-quality holiday homes, is set for further growth following a record year which has seen revenues grow by more than 50% to £30m. Shawbrook, the specialist lender, has provided an undisclosed funding package to Carnaby, alongside backing from debt funder Frontier Development Capital.

Founded in 2015 by Dan Spencer, Torsion Developments operates across a range of property sectors, including student and residential. Martin Hutson joined with Dan in 2018 to establish Torsion Care, with a focus on the growing demand for stylish and practical retirement housing for the over 55s market.