Showing Results for tag: Loan
Red Sea Development Company secures over $3bn green finance loan
Saudi Arabia: The Red Sea Development Company (TRSDC), the firm behind The Red Sea Project, has secured a $3.76 billion green finance credit facility with four Saudi banks and HSBC serving as coordinator.
Leumi UK signs £49m loan for Covent Garden hotel
UK: Bank Leumi UK has completed a £49 million development loan to Manex Properties to finance the conversion of Drury House, a former office building in Covent Garden.
OakNorth completes £50m loan to Arora Group
UK: OakNorth Bank has announced the completion of a £50m loan to hospitality operator The Arora Group.
OakNorth Bank secures additional CBILS allocation
UK: OakNorth Bank has approved over £600 million in new loans since lockdown began, and the British Business Bank has since approved an additional CBILS allocation.
OakNorth completes loan to The Jade Hotel
UK: The family-run property located in South Kensington has secured a loan to renovate the hotel and add another five bedrooms.
Edinburgh property House of Gods secures expansion loan
UK: Edinburgh based boutique brand House of Gods has secured investment in order to expand its brand.
Government extends coronavirus loan scheme to all SMEs
UK: Chancellor Rishi Sunak has unveiled new measures to extend the Coronavirus Business Interruption Loan Scheme (CBILS) to all viable small businesses affected by COVID-19, and also announced a scheme for larger companies.
OakNorth Bank calls for government review of business loan scheme
UK: OakNorth Bank is calling for several changes to the Coronavirus Business Interruption Loan Scheme (CBILS) to better support British businesses though the COVID-19 crisis.
