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Asset 1005


Sugru debt facility WAS dependent on sales targets

For those wondering why the bank pulled a further £1.5m debt facility on Sugru, with its resulting fire sale for 9p in the pound, here it is.

The company had this note on its Crowdcube 2017 raise - you had to download it to see it as it wasnt in the main text.

Clydesdale Loan The Company has a £3.5 million loan facility from Clydesdale Bank PLC (“Clydesdale”), of which £2 million was drawn down in November 2016. The agreement for this loan includes the...

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Friday May 18, 2018

Hardman and Co’s Brian Moretta in conversation with ECF Buzz Founder Rob Murray Brown on start up investing, equity crowdfunding and what’s a good read.