Bank

Who owns the Laine Pub & Brewing Company?

Laine also acquired by Fortress

By Ed Bedington

The Laine Pub & Brew Co has also been snapped up by US-bank Fortress Investment Group as part of its acquisition of assets from Patron Capital & May Capital.

Is it a good market for first-time buyers?

Pub property

Is it a good market for first-time buyers?

By Nicholas Baker

Nicholas Baker provides us with his thoughts on the current environment for pub finance and tips for applying for finance as a first-time buyer.

NatWest/RBS

NatWest/RBS launch £250m storm fund

By Mark Wingett

NatWest and RBS have launched a £250m UK Storm Business Fund to provide short term, interest free financing to speed recovery for businesses affected by recent floods and gales.

Publicans, Politicians and Bankers

Publicans, Politicians and Bankers

By James Baer

In a 2012 survey of the least trusted professions, politicians came bottom with bankers not far behind, this is probably not a great surprise to any of us, but our democracy used to be a source of national pride and the bank manager a well respected figure...

Licensees urged to check loan details

Licensees urged to check loan details

Licensees are being urged to check any financial products they have attached to their mortgages or loans as they could find themselves facing huge financial costs.

Luminar falls into administration

Luminar falls into administration

By John Harrington, M&C Report

Luminar, the troubled nightclub operator, has fallen into administration after its banks withdrew support.

Barclays: banks still willing to invest in pubs

Barclays: banks still willing to invest in pubs

By Adam Pescod

Banks are still willing to invest in pub companies if there are “sensible structures” in place, according to Mike Delay, relationship director at Barclays’ corporate banking arm.

Brains snaps up coffee chain

Brains snaps up coffee chain

By Mark Wingett, M&C Report

SA Brain, the Cardiff-based brewer and pub operator, has bought the 15-strong high street coffee chain Coffee#1 for an undisclosed sum.

New £77.5m credit facility for SA Brain

New £77.5m credit facility for SA Brain

By John Harrington, M&C Report

SA Brain, the Welsh brewer and pub operator, has secured a £77.5m funding package to refinance, expand and grow its business.

Buck up Banks: MA campaign

NatWest refuses to lend funds to pubs

By Gurjit Degun

NatWest has told a licensee that it does not have a "positive stance" towards lending to pubs. In an email seen by the Morning Advertiser, Julie...

Balls Brothers: in administration

Balls Brothers in administration

By Ewan Turney

The 19-strong London based wine bar and restaurant operator Balls Brothers has gone into administration. Zolfo Cooper has been brought in to lead...

Thompson: taskforce won't make much difference to the pub trade

Bank task-force questioned

By Gemma McKenna

A pub finance expert has dismissed the new bank-led taskforce set up to stimulate lending to small businesses as a "talking shop". The British...

Buck up Banks: MA campaign to get banks lending to pubs

Loan help for pubs via new scheme

By John Harrington

Licensees can access free help to secure bank loans via a new Government-backed scheme. Specialist advisors are now on hand through Business Link,...

Buck up Banks: MA campaign to get banks lending to pubs

Host thanks MA in HSBC loan victory

By John Harrington

A licensee has thanked the Morning Advertiser after HSBC agreed to loan her £20,000 following the bank's initial refusal. In a victory for the MA's...

Buck up Banks: MA is urging banks to help pubs

Chancellor presses banks on lending

By John Harrington

The Chancellor is to press major banks on why small firms are charged so much for loans when interest rates are just 0.5%. Alistair Darling is...

Thompson: banks are negative

Need funding for a pub? Ask your friends

By Gemma McKenna

Presenting a solid business plan or clubbing together with friends can prove the best way to finance buying a pub. That's the view of agents and...

Claiming back cash: licensees Bally and Lesley Auluk

Buying-out fines taken back by host

By John Harrington

An Enterprise Inns lessee has clawed back nearly £4,000 in fines for buying out after her bank agreed the money was taken without authorisation.

Britvic refinance: good news for pubs

Britvic refinance: good news for pubs

By The PMA Team

A leading leisure analyst has described the news of Britvic's successful refinancing as positive news for pub groups and further evidence that banks...

3D runs Chicago Rock Cafe brand

3D unveils losses of £12m

By Mark Stretton, M&C Report

Latest accounts from 3D Entertainment, the nightclub business spun out of Luminar, reveal losses in its most recent year of £12.1m. The losses stem...

MA campaign calls for banks to lend to pubs

HSBC U-turn for host refused loan

By John Harrington

HSBC has temporarily reduced payments on a pub's mortgage after the licensee confronted a divisional manager at a local banking summit for small...

Gordon Brown

PM says bank should help host

By John Harrington

A licensee is reapplying for business loans under a Government-backed scheme - on the personal advice of Gordon Brown. In a move that could offer...

Banks and Government failing small firms

Banks and Government failing small firms

By John Harrington

Government and banks should do more to support small business, according to a new survey from the Forum for Private Business (FPB).