View more on these topics

Buy-out brings a cash boost to Cheval Finance

Cheval Bridging Finance has been bought by management and a consortium of investors.

The reorganisation of the short-term lender sees it acquired by a new parent company, Cheval Holdings, which is owned by a consortium of investors and Cheval’s management.

The lender will receive a capital injection from the new owners and renew the existing primary funding facility with Clydesdale Bank.

Gavin Diamond, group finance director at Cheval Holdings, says: “This transaction will enable us to take the business to the next level by making full use of the opportunities presented by the lack of liquidity in the mainstream lending market.”



Mortgage Strategy’s shadow Monetary Policy Committee is united in again voting to hold the base rate amid concerns about inflation and declining growth figures

Who cares?

By Tracey Dickson, marketing consultant There are almost 7 million carers in the UK – that’s around 10 per cent of the population who provide unpaid care for a disabled, seriously ill or older loved one.1 But according to a report from the charity Carers UK, 20 per cent of people providing 50 hours or more of care […]


News and expert analysis straight to your inbox

Sign up