£5m loan in the charity sector

A welcome approval last week from Lloyds for a £5m loan in the charity sector that is just what the scheme was designed for. As one of London’s biggest visitor attractions the breathing space provided by this loan is essential. Now that the scheme has closed for...
Banks giving less credence to management

Banks giving less credence to management

Warren Buffett said: “When a management with a reputation for brilliance tackles a business with reputation for poor fundamental economics, it is the reputation of the business that remains intact”. I have noticed lenders reverting to this maxim at a time...

Another successful CBILS approval

Another successful CBILS approval… £1.6m provided by ThinCats. The clock is ticking on this scheme and applications need to be submitted by 31 March. If you would like to join the Obica Business Funding group as a free resource to ask questions and discuss...