News and Insights

News

Our latest news and deal insights.

Filter by clicking on the category links.

Rocking Horse / Quilam Capital

Avery Law advises Rocking Horse on its multi-million pound banking facility with London-based specialist investment firm Quilam Capital

Stacks Image 23948
Avery Law advises Rocking Horse on its multi-million pound banking facility with London-based specialist investment firm Quilam Capital, the proceeds of which will be used to provide eligible UK SMEs with vital R&D tax credit loan support, particularly well needed in the current climate.

Rocking Horse provides unique loan solutions at competitive rates with no monthly capital payments to SME’s which are secured against R&D tax credits and Innovate UK grant regimes. The loans are then repaid when the funding comes through. It anticipates that the loans will range from GBP50k to GBP1 million plus.
 
Rocking Horse focuses on UK SME businesses that are loss-making and often excluded by traditional banks and online lending infrastructure, filling a major gap in the innovation economy. It provides quick access to capital to further business growth and development, enabling UK SME’s to fuel their expansion and ultimately create opportunities for further financing and investment.
 
Rocking Horse is Quilam’s ninth investment and will facilitate the business’s next stage of growth as it seeks to become the UK’s leading SME innovation finance provider.
 
Toby Walker, Director at Rocking Horse, says: “We are extremely excited about our new partnership with Quilam and the opportunity to fuel and accelerate the growth of the UK SME and Innovation economies. Our ambition is to become the leading innovation financier to the 3.5 million SME’s in the UK and provide continued capital, support and expertise to accelerate growth within this sector.

Press Release
Team Advising

Back

Avery Law is the business and trading name for a legal practice carried on by Avery Law LLP. Avery Law LLP is a limited liability partnership, registered in England and Wales, with registered number OC374426, with its registered office at 25 Wilton Road, London, SW1V 1LW.

Avery Law LLP is authorised and regulated by the Solicitors Regulation Authority of England and Wales (SRA ID: 568560).

Avery Law LLP is registered with the Information Commissioner’s Office (ICO) with registration number ZA135485.

  • Legal500

Subscribe to our mailing list in order to opt-in to receive our publications, deal insights or event invitations.
Stacks Image p22492_n233

© Avery Law LLP 2020 - All rights reserved.