eb sj lawyermonthly 960x90 mirman
Legal News

Fresh Thinking Capital Secures £25 Million Funding Facility from Foresight Group

Reading Time:
< 1
 minutes
Posted: 1st October 2021
Lawyer Monthly
Share this article

The newly acquired debt facility is intended to help Fresh Thinking Capital to further grow its loan book and provide funding to its SME clients.

Fresh Thinking Capital is a Leeds-based company that provides short-term secured business loans to UK SMEs seeking prompt financing. The firm was founded in 2018 by Melanie Hird and Andrew Walls and has lent more than £50 million to almost 40 businesses. Melanie Hird and Oliver Bates, private debt manager at Foresight, both lauded the success of the deal.

Foresight Group was advised by Cadence Advisory on security and portfolio due diligence, SC Advisory Services on financial due diligence, Shakespeare Martineau on legal due diligence, and KryptoKloud on cyber due diligence.

Phil Dine and Andrea Unwin from Clarion’s banking team provided legal advice to Fresh Thinking Capital. Fresh Thinking Capital was advised by Clarion, The Duncan Chartered Accountants and Altenburg Advisory on legal matters, accounting and corporate finance respectively.

Share this article

JUST FOR YOU

9 (1)
Sign up to our newsletter for the latest Deals Updates
Subscribe to Lawyer Monthly Magazine Today to receive all of the latest news from the world of Law.
eb sj lawyermonthly 350x250 mirmantw centro retargeting 0517 300x2509 (1)
Connect with LM

About Lawyer Monthly

Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world.

Magazine & Awards

cover scaledlmadr24 outnowmpu