Investor: Foresight
Foresight has agreed to provide a £40 million funding line to Revolve, a Manchester-based trade finance business, to expand its offer to more SMEs for short-term funding of stock purchases. Summary of transaction details: Value: £40 million Sector: Business Services Advisor: Hill Dickinson Key Entities: Revolve, Foresight Location: Manchester, UK Note: This deal marks a significant step forward for Revolve, enabling the company to expand its offer to more SMEs for short-term funding of stock purchases, and is expected to drive growth in the specialist lending sector.
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