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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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, […]
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 […]
‘Inheritance tax receipts have risen, on average, 10% a year since 2009/10, as property prices have soared above the rate of inflation…‘ Please see link below to full article by Kate Beioley for the Financial Times. * https://www.ft.com/content/599a6f46-94b4-11e8-b747-fb1e803ee64e
Body worn camera expert recently won the contract to supply Staffordshire Fire and Rescue Edesix, UK-based market leaders in the provision of body worn camera solutions, is now the no.1 body worn camera provider in the UK for fire services.
Debt funding will support Edinburgh-based wearable camera tech company’s expansion into US market Beringea today announces that it has advised and arranged debt funding worth up to £2 million to Edesix Ltd., a manufacturer of Body Worn Camera solutions. The Edinburgh-based company will use the funding, provided through Beringea’s ProVen Legacy, to support the expansion […]
Beringea has announced that its lending company ProVen Legacy plc has provided funding to TH_NK, the leading independent digital transformation agency. The loan will support the agency in the next stage of its growth. ProVen Legacy is a lending company designed to help investors mitigate inheritance tax (IHT) and preserve their capital. Investors should be […]
This article from Mark Taylor, Partner, Beringea and ProVen Legacy, originally appeared in full in the FT Adviser – How to carry out inter-generational planning The UK is facing an inheritance tax time bomb. The ‘Baby Boomer’ generation is approaching retirement age, and many have parents in good health as well as children or grandchildren […]
Beringea launches ProVen Legacy plc to help investors benefit from inheritance tax relief and announces its first two loans ProVen Legacy plc has completed deals with healthcare marketing agency Cogora and fintech company Celoxica London, 24 May 2017: Growth capital investor Beringea has launched a new lending company, ProVen Legacy plc (“ProVen Legacy”), and closed […]
