New regional fund completes £10m deal for Blackpool firm

By Dean

04 Dec 2015

Toscafund Asset Management’s recently-launched Tosca Debt Capital has invested £10m in Blackpool-based 1st Stop Group.

The Second Lien facility is the first deal for Tosca Debt Capital and will enable 1st Stop Group, which specialises in car finance, personal and home loans, to drive forward its ambitious growth plans.

Tosca Debt Capital provides debt capital to regional SMEs to facilitate buy-outs and acquisitions, capital raising and refinancing/enhancement of existing facilities.

Richard Williams, partner at Toscafund, said: “We’re delighted to have completed our first deal to support such an ambitious regional corporate. 1st Stop Group has a determined and experienced management team who have helped it establish a niche position.

st

Alex Mollart, chief executive of 1st Stop Group, added: “Toscafund shares our vision for the future and has demonstrated its confidence in our potential by investing £10m into the business. The second lien facility will further support the group’s current debt suppliers and allow us to take a significant step forward with our growth plans.

Enjoyed this? Read more from Dean

Latest news

1

Lucky 13 for James Hall & Co in Great Taste Awards Great Taste Awards 2026 - James Hall & Co. Ltd.jpg.jpg

Lucky 13 for James Hall & Co in Great Taste Awards

06 Aug 2026

2

Business ambassadors lead the way Maria Moriarty Eames

Business ambassadors lead the way

06 Aug 2026

3

Site transformation underway for new Fisherman’s Friend factory Fishermens

Site transformation underway for new Fisherman’s Friend factory

06 Aug 2026

4

Iconic venue’s new look unveiled after £13.5m revamp King Georges Hall

Iconic venue’s new look unveiled after £13.5m revamp

06 Aug 2026

5

Finalists announced for Sub36 Awards Sub36 Finalists Announced

Finalists announced for Sub36 Awards

04 Aug 2026

Blackburn College (July-Aug 26)
Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
LBV130 September/October Magazine Networking Event
LBV130 Magazine Launch Social720No Text
Networking
17 Sep 2026

LBV130 September/October Magazine Networking Event

The Beehive Blackburn, Shadsworth Business Park, BB1 2QS

08:30 - 10:30

Built Environment Conference 2026
BEC26 WW Logo720
Networking
24 Sep 2026

Built Environment Conference 2026

EG On The Move, Waterside Head Office, Blackburn, BB1 2FA

08:30 - 13:00

Sub36 Awards 2026
Sub36 WW Logo720
Awards
16 Oct 2026

Sub36 Awards 2026

Park Hall Hotel & Spa, Chorley, PR7 5LP

18:30 - 00:30

LBV131 November/December Magazine Networking Event
LBV131 Magazine Launch Social720No Text
Networking
19 Nov 2026

LBV131 November/December Magazine Networking Event

Lancashire

08:30 - 10:30

Lancashire Business Day 2026
LBD26 WW Logo720
Networking
27 Nov 2026

Lancashire Business Day 2026

Burnley Football Club, BB10 4BX

12:00 - 17:00

Morecambe Bay Walk
Morecambe-25-web-gallery4.jpg.jpg
LBV Hub Fundraisers
08 Aug 2026

Morecambe Bay Walk

Arnside, Carnforth, LA5 0HD

13:00 - 18:00

The Ultimate Network
Lancaster And Morecambe Logo
LBV Hub Networking
13 Aug 2026

The Ultimate Network

Garner Hotel , Preston, PR5 0UL

16:00 - 18:00

Mind Over Mountain: Brunch at Ivory Tower
mind-over-mountain-complete.jpg.jpg
LBV Hub Networking
11 Sep 2026

Mind Over Mountain: Brunch at Ivory Tower

Ivory Tower, Preston, PR1 2NL

12:30 - 16:30

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV129 Online Graphic
Subscribe now

Weekly news bulletin