New regional fund completes £10m first deal
Toscafund Asset Management’s (Toscafund) recently-launched Tosca Debt Capital (the “Fund”) has completed its first deal, providing a £10m second lien facility to 1st Stop Group. The investment from the Manchester-headquartered Fund will fuel further strategic growth opportunities for the rapidly-growing Blackpool-based SME, which specialises in car finance, personal and home loans to individuals. The £10m debt...
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