Business lending: deals of the month

The deals this month include a £20m package to enable expansion of an independent dairy, a £200,000  loan to build a new boudoir for pigs, and £24,000 for the refurbishment of a new northern Italian restaurant in Bristol.

Graham’s The Family Dairy

Location

Bridge of Allan

Amount lent

£20m, comprising £7.7m from RBS, £8m from RBS Invoice Finance and £4.8m from its dedicated asset finance arm, Lombard

Key individuals involved

Robert Graham, managing director of Graham’s The Family Dairy, and RBS Regional Marketing Director Eddie Rintoul

Why

The company is keen to build on its impressive 20% annual growth during the past 15 years by expanding south of the border, investing more in its cream and butter markets and developing new product lines under the award winning Graham’s brand.

Just Costs

Location

Manchester

Amount lent

£1.1m

Key individuals involved

Paul Shenton, Managing Director of Just Costs and a dual qualified barrister and solicitor, and NatWest Relationship Manager Aldo Palazzo, who specialises in professional services

Why

Just Costs was established in 2006 to help law firms throughout the UK with costs recovery and now has 350 clients served by 100 staff and a turnover of £5.4m in 2013. The firm has already recruited 29 new staff to help continue its growth but wants to create 30 more jobs, and is also on the acquisition trail, talking to other specialist costs firms.

Bella Vista

Location

Bristol

Amount lent

£24,000

Key individuals

Chefs and restaurant founders Petrit Krasniqi and Adnand Zaganjori, and NatWest business specialist Adam Elliott

Why

After 10 years of working together, Krasniqi and Zaganjori have used the money to refurbish and launch their own restaurant with a terrace by the river in the heart of Bristol.