BusinessInvestor

Royalty Finance provides the key to becoming the master of your own business destiny

The global pandemic has dealt yet another blow to business in general, and Small and Medium Enterprises (SMEs) in particular.

Even at the beginning of the year, the level of indebtedness across this community was untenable. To make matters worse, recent research has highlighted that a quarter of a million companies are at risk of collapsing under £35bn ($44bn) of unsustainable debt taken on during the COVID-19 pandemic. This is foreboding, to say the least.

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BusinessInvestor

Duke invests in PE Global via royalty partner BIL

Duke Royalty announced a follow-on investment of around £7.7m into its existing royalty partner, Bakhchysarai Ireland (BIL), on Thursday. It said the new capital would support BIL’s second acquisition, PharmEng, trading as PE Global, which it described as “one of the leading” healthcare and life sciences recruiters in Ireland, with a growing presence in the UK.

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