Employee Ownership Trust takes the wheel at F1 supplier
Leading UK precision engineering firm, Retrac has transferred ownership to an Employee Ownership Trust (EOT) in an eight-figure deal as the business targets future growth, with support from Shawbrook Bank.
Resilient performance’ positions specialist lender Shawbrook for post-pandemic growth
Shawbrook Bank, the UK’s leading specialist lender, said it was ideally positioned to continue supporting customers through the economic recovery after posting a “resilient and robust” financial performance in its last trading year (Year ended December 31, 2020).
Salad Money, the social enterprise providing short-term loans to NHS workers, has taken another major step towards achieving its mission of solving the high-cost credit problem amongst this vital group of UK key workers.
Shawbrook Bank Recognised Twice in MoneyComms ‘Top Performers 2021’ List
Shawbrook Bank has been recognised twice in the latest ‘Top Performers’ list by MoneyComms. The specialist bank – which serves UK-based consumers and businesses – has been named ‘Best Personal Loan Provider’ and ‘Best Business Savings Provider’ of the year.
Shawbrook Bank supports new client 4Syte Structured Finance with revolving credit facility
Shawbrook Bank has provided a revolving credit facility to 4Syte Structured Finance, a Chelmsford-based lending institution and part of the 4Syte Group of companies, to support the growth of its secured SME loan portfolio.
Waste Recycling firm, Pinden Ltd, to continue growth trajectory with £5.7m funding from Shawbrook Bank
Pinden Ltd, a third-generation family business operating within the waste and recycling sector, is to continue its growth trajectory following a £5.7m asset-based lending (ABL) facility provided by Shawbrook Bank.