Author: Alison Wright

As inheritance tax receipts soar 14%, an estate planning service can help reduce your bill

As inheritance tax receipts soar 14%, an estate planning service can help reduce your bill

15 Aug 2022

Inheritance tax receipts hit a record high of £6.1bn in the 2021/22 tax year, up 14% on the year before. The number is expected to increase over the coming years due to rising house prices and because inheritance tax thresholds are frozen until 2026. This is where the ProVen Estate Planning Service can help, as […]

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CK INTERNATIONAL RECEIVED FUNDING FROM PROVEN LEGACY

14 Jun 2022

London, 14 June 2022: Beringea today announces that Proven Legacy has provided a debt facility of £850,000 to CK International, a company based in Northern Ireland that provides waste compaction solutions. The new facility will enable able the continued development of the Company and further customer growth. CK International design and manufacture a wide range […]

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CRYOTANKS LIMITED PROVIDED WITH A DEBT FACILITY FROM PROVEN LEGACY

19 Jan 2022

London, 19 January 2022: Beringea today announces that Proven Legacy has provided a debt facility of £500,000 to Cryotanks Limited, a company based in Northern Ireland that supplies cryogenic storage vessels and cryogenic liquid, including delivery and rental. The new facility will enable the continued development of the Company and further customer growth. Cryotanks Limited […]

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CLOUD 8 RECEIVES FUNDING FROM PROVEN LEGACY

12 Oct 2020

Debt package will enable the continued growth and development of the benefits software platform London, 12 October 2020: Beringea today announces that Proven Legacy has provided a debt facility of £250,000 to Cloud 8, an employee benefits software platform. The funding package, together with an equity investment provided by Chiltern Capital, will enable the continued […]

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PROVEN LEGACY AND ARMSTRONG COMBINE TO ACQUIRE PORTFOLIO OF COMMERCIAL ROOFTOP SOLAR ASSETS

27 Aug 2020

Transaction marks development of a long-term strategic partnership and focus on clean energy London, 27 August 2020: Beringea today announces that it has advised and arranged debt funding worth up to £1.8m to Solar Growth, a UK-focused solar energy generation company which specialises in the development, construction and operation of energy infrastructure assets. The funding […]

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PROVEN LEGACY PROVIDES FUNDING TO MOOR LEASING

24 Aug 2020

Debt funding will enable the refinancing of six wind turbines London, 24 August 2020: Beringea today announces that it has advised and arranged debt funding worth up to £225,000 to Moor Leasing, an asset financing business headquartered in Yorkshire. The funding package, provided through Beringea’s ProVen Legacy, will enable Moor Leasing to refinance its portfolio […]

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PROVEN LEGACY PROVIDES FUNDING TO PREMIER EMPLOYER SOLUTIONS

29 May 2019

Debt funding will enable PES to accelerate its growth as a leading provider of employee benefit services London, 29 May 2019:  Beringea today announces that it has advised and arranged debt funding worth up to £500,000 to Premier Employer Solutions (PES), a provider of online employee benefits solutions, HR consultancy and services for workplace wellbeing. […]

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PROVEN LEGACY STRENGTHENS TEAM WITH RECRUITMENT OF ANDREW WEBSTER

18 Mar 2019

Highly experienced growth finance professional joins as Investment Director London, 15 March 2019: Beringea has announced the recruitment of Andrew Webster, a growth finance professional with more than three decades of experience lending to scaling businesses. Andrew will join as an Investment Director of ProVen Legacy, a specialist debt provider for growing businesses. Andrew has […]

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TH_NK Acquired by EPAM

20 Dec 2018

ProVen Legacy has received the early repayment of £500,000 of debt funding from the digital transformation agency as part of its acquisition  London, 20 December 2018: TH_NK, the leading digital transformation agency, has been acquired by EPAM Systems, Inc., a global provider of digital platform engineering and software development services listed on the New York […]

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ProVen Legacy Provides Funding to Donatantonio for Compleat Food Network Acquisition

19 Dec 2018

London, 19 December 2018: Beringea announces that it has advised and arranged debt funding to Donatantonio Ltd, the fine food importer and distributor. The debt funding, provided by Beringea’s ProVen Legacy, will be used to support the financing of Donatantonio’s merger with Compleat Food Network, combining the expertise of two of the UK’s most experienced […]

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The Times reports on rising impact of inheritance tax

24 Oct 2018

Figures released in The Times have highlighted the growing number of households impacted by inheritance tax. The paper – reporting on data collected by Direct Line, the insurer, through Freedom of Information requests – notes that the inheritance tax threshold has not risen in line with inflation and increasing property prices.   As a result, […]

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Edesix Acquired by Vigilant Solutions

10 Oct 2018

ProVen Legacy has successfully secured the early repayment of £500,000 of debt funding from the manufacturer of body worn cameras as part of the acquisition  London, 10 October 2018: Edesix, a global provider of wearable security hardware and software, and the UK’s leading manufacturer of body worn cameras, has been acquired by Vigilant Solutions, an […]

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