It's proving to be a busy final Quarter for our strategic finance team as we completed four deals, with more to come in the pipeline.
The team was set up back in 2013 to provide access to funding for smaller businesses. The transactions included a fundraising for a telecoms business with a £300,000 acquisition funding arrangement with Royal Bank of Scotland and a further £150,000 by a regional fund.
A second deal saw an online gaming company attract a £30,000 equity investment for marketing by a high net worth investor, and a £70,000 overdraft was sourced for a client in the fashion industry. The funding projects was completed by advising on a £150,000 SEIS and a £150,000 Enterprise Investment Scheme investment into a start-up business.
Sedulo managing director Paul Cheetham said: "We are delighted to complete these deals. It is often more difficult to complete on deals of this size than the larger deals, whilst we are currently looking at some of the larger deals too, we will try where we can to search for financing those that some of the other players simply won’t touch.
We have a number of corporate finance transactions ongoing and we hope that we can announce completion of these larger deals in the coming weeks too."
The Once Upon A Smile Christmas Appeal is back for it's 4th year and this year promises to change Christmas for more families than ever before.
Previous years have seen smiles being put on the faces of hundreds of families and children who ordinarily face the prospect of waking up on Christmas morning to find out that Santa has not been to visit.
This shouldn’t happen and with your help we’ll endeavor to make sure it doesn’t.