An award-winning Hull company which provides managed IT and telecoms services has secured a £1.4m debt funding package to enable it to complete a management buy-out and support the next phase of its growth. The One Point has secured funding from Mercia’s SME Loans fund and NPIF – Mercia Debt Finance, which is managed by
Navigating challenges with strength FY22 was a remarkable year for Mercia’s portfolio companies, with record-breaking fair value movements. But as we ventured into the spring of 2022, the landscape shifted. Geo-political conflicts, inflation and rising interest rates ushered in uncertainty, casting a shadow over the public markets. Technology and high-growth companies bore the brunt, witnessing
Introduction With strong regional roots and an established track record, Mercia is a ‘one stop’ responsible financial partner contributing towards the growth of the UK economy. Our physical presence in some of the key cities across the UK, including Birmingham, Manchester, Sheffield, Leeds, Bristol, Newcastle and London, results in sight of a significant number of