
Aldermore provides £16.5m loan to Citu for next phase of Sheffield housing development
Aldermore has provided a £16.5m development finance loan to Citu for the next phase of its Kelham Central housing development in Kelham Island, Sheffield....
July 1st, 2022

Lack of supply chain resilience and redundancy is the cause of the inflation crisis, says the CEO of supply chain specialist OCI
UK inflation is now running at 9.1 per cent, in the US, it is at 8.6 per cent, and in the euro area, it stands at 8.1 per cent. “Supply chain shocks,...
June 29th, 2022

RSM UK raises £3.8m for automation project in Staffordshire
Leading audit, tax and consulting firm, RSM UK has completed a deal to raise a £3.8m debt package for PPS Equipment. Based in Uttoxeter, Staffordshire, PPS is...
June 29th, 2022

United Trust Bank continues to develop its Structured Property Finance team with appointment of Adam Ware
United Trust Bank (UTB) has appointed Adam Ware as a Business Development Director in its growing Structured Property Finance division. Adam joins UTB from...
June 29th, 2022

Tuscan Capital revamps short-term proposition with introduction of fast-track process
Tuscan Capital, the short-term property finance specialist, has announced the relaunch of its Residential Bridging proposition with the addition of its new...
June 28th, 2022

Optimum Finance Signs SME Charter
Optimum Finance, the Bristol-based Invoice finance business has signed the UK Government’s SME Finance Charter, showing its commitment to supporting small...
June 28th, 2022

Hampshire Trust Bank appoints development finance lending director
Hampshire Trust Bank (HTB) has announced the appointment of Andrew Dignum as Lending Director for the North West within its Development Finance division. He...
June 24th, 2022

BuildLoan launches the first Help to Build Mortgage
The government’s long-awaited Help to Build Equity Loan Scheme becomes a reality with the launch of the first ever Help to Build Mortgage. Created by...
June 24th, 2022

Stuart Benge appointed as senior business development manager for Commercial Lending at Hodge
Hodge has appointed Stuart Benge as its senior business development manager for Commercial Lending. Stuart brings more than 25 years of finance sector...
June 24th, 2022

Aldermore provides £6.1m loan for Whiteburn’s Viewforth Scottish housing development
Aldermore has provided a £6.061m development finance loan to Whiteburn Viewforth Development Limited for phase one of a housing development in Kirkcaldy,...
June 23rd, 2022

Atradius supports leading exporter to navigate new markets
As leading New Zealand meat exporter, Alliance, puts its new strategy into operation and begins its infiltration into new markets, it continues to return to...
June 23rd, 2022

Small Business Sustainability Knowledge Gap
Around nine in 10 small business owners (89%) admit they could be doing more on sustainability – with lack of knowledge on the key issues and financial...
June 23rd, 2022

Rising inflation “weighing heavily” on household budgets
The latest UK Consumer Prices Index (CPI) figures, published today by the Office for National Statistics, show that CPI rose to 9.1 percent in the twelve...
June 22nd, 2022

Funding provider Optimum Finance ‘Business of the Year’ finalist in National Awards
Invoice finance provider Optimum Finance has been successful in reaching the finals of the SME National Awards in two categories. Business of the Year less...
June 22nd, 2022

Student apartment deal saved by Together’s £7.5m short-term finance
Specialist lender Together has provided a £7.5million bridging loan for an experienced student landlord to expand his portfolio. The entrepreneur, who owns...
June 21st, 2022

Asset finance new business fell by 16% in April 2022
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) fell...
June 21st, 2022

Number of sectors reporting falling output doubles amid slowing demand
The number of UK sectors reporting a fall in output doubled in May, as inflation continued to drive down demand for goods and services, according to the latest...
June 21st, 2022

Together lends a record £300m in a single month
Specialist lender Together today announced it has broken its all-time lending record for the second month in a row. The finance group, which provides personal...
June 21st, 2022

Quantuma partners with the UK’s first and only corporate credit ratings advisory service
Business advisory firm, Quantuma, has partnered with the UK’s first corporate credit ratings advisory service, Lightbulb Credit, to expand the range of...
June 21st, 2022

A greener future for SMEs
New research from Aldermore has found that UK small and medium-sized enterprises (SMEs) invested an average of £61,250 on their own sustainability during the...
June 21st, 2022

Turning the Great Resignation into the Great Retention
The ‘great resignation’ – otherwise known as ‘The Big Quit’ and ‘The Great Reshuffle’ – has been a cause of great concern in many industries...
June 21st, 2022

Central Trust launches consumer buy-to-let into Northern Ireland
Central Trust, the first and second charge lender, has today (20 June 2022) extended the availability of its Consumer Buy-to-let (CBTL) mortgage proposition by...
June 20th, 2022

United Trust Bank partners with Alfa and commences digital transformation of its Asset Finance business
United Trust Bank (UTB) has chosen leading software specialist Alfa to transform the Bank’s Asset Finance operations with an integrated digital solution...
June 16th, 2022

4most Wins Government Funding to Develop Green Lending Proposition for SMEs
The UK’s largest independent credit risk and actuarial consultancy, 4most, has won a competitive, SBRI government funded award from Innovate UK, to build a...
June 16th, 2022

Lending start-up led by young entrepreneurs takes off with green agenda
A lending business run by two former City brokers, expects to double its loan book in the next few years by providing finance to developers and landlords...
June 14th, 2022

Reward makes key senior hire to drive further growth in London and the South East
SME lender, Reward Finance Group, has further expanded its team in London and the South East, by appointing Mark Swindell as its new business development...
June 13th, 2022

Hope Capital welcomes new Marketing and Products Manager
Specialist short-term lender, Hope Capital, has appointed Sarah Butler as the firm’s new Marketing and Products Manager. Sarah, who has over 22 years’...
June 13th, 2022

Two and Allianz Trade partner to develop ‘b-commerce’ market
Two, the pioneering business-to-business (B2B) e-commerce payments platform, and Allianz Trade, the world leader in trade credit insurance, have formed a...
June 9th, 2022

Supply chain crisis costs UK SMEs £3.9bn
New research from Aldermore has found that over half (54% or 2.1m) of all UK small and medium-sized enterprises (SMEs) have been impacted by the ongoing supply...
June 8th, 2022

Biggest Business Groups Unite in Call to Take The ‘Wait Off’ SMEs
Good Business Pays is spearheading an alliance involving the Small Business Commissioner and leaders from the UK’s biggest business groups including the...
June 8th, 2022

Atradius Global celebrates 25th anniversary
Atradius Global, the international unit that supports the unique needs of multinational corporations turns 25 this year. To celebrate their silver anniversary,...
June 8th, 2022

Jubilant June’s prospects fail to cheer transport & storage sector
June’s Jubilee plans failed to boost the spirits of the transport & storage sector, with 23.5% of operators fearing their turnover will decrease this...
June 7th, 2022

Britain’s fastest growing small businesses in urgent need of finance
Seven in 10 small businesses (70%) that predict significant growth in the next three-months say they will have to put plans on hold if they were unable to...
June 7th, 2022

Nearly one million UK SMEs fail to access finance using traditional means of borrowing in the last year – could open banking hold the key to extra investment for small businesses?
One in three UK-based small and medium-sized enterprises (SMEs) who sought access to finance were denied in the last year, according to new research from Yolt,...
June 6th, 2022

Aldermore provides £2.45m loan for Southernwood Residential Northampton apartment purchase
Aldermore has provided a £2.45m loan to Southernwood Capital to assist with the purchase of a block of apartments in Northampton, East Midlands. Southernwood...
June 6th, 2022

Recognise Bank Provides £550k commercial mortgage for the hospitality sector
Recognise Bank has agreed a £550,000 commercial mortgage for a property investment firm to acquire a retail unit in the popular seaside town of Bournemouth,...
June 6th, 2022

Brexit and Ukraine dent UK exporters’ optimism
A cocktail of uncertainty caused by ’long Brexit’, the Ukraine invasion, and disrupted supply chains has left UK exporters the least optimistic in Europe,...
June 1st, 2022

Small businesses to see short-term boom during Queen’s Jubilee weekend
It’s been a challenging few years for UK businesses. Small, independent enterprises in particular have had to endure one setback after another, often with...
June 1st, 2022

Economist comment: EU bans Russian oil imports
“The banning of Russian oil imports by the European Union will likely put further pressure on prices and the world’s economy. As the world’s largest oil...
June 1st, 2022

The Government’s plans to reform the audit market are encouraging, says The Chartered Governance Institute UK & Ireland
Corporate governance ensures appropriate decision-making processes and controls are in place in the interests of all stakeholders including shareholders,...
May 31st, 2022

Together hires new business development manager in the South
Specialist lender Together has appointed Dan Narwal as a Regional Account Manager covering London and Essex to support the lender’s ambitious growth...
May 31st, 2022

Rising energy costs drive green agenda among UK small businesses
Soaring energy prices have forced 89% of small businesses to review their energy use – with many becoming greener enterprises as a result –...
May 31st, 2022

Recognise Bank Provides Bespoke Blended Approach to Portfolio Refinancing Deal
Recognise Bank has announced the agreement of a £4.2 million-plus refinance package for a portfolio investment client. The loan was provided to allow the...
May 30th, 2022

Hope Capital propels growth strategy with four new appointments and two internal promotions
Specialist short-term lender, Hope Capital, has again bolstered its growing team with the appointment of four new hires across various roles in the...
May 30th, 2022

Together Financial Services Limited – Q3 Results
Together Financial Services Limited (‘Together’ or ‘the Group’), one of the UK’s leading specialist mortgage and secured loan providers, is pleased...
May 27th, 2022

New open banking-powered invoice financing service launched to support businesses during tough economic times, and help more to get paid instantly
More UK small and medium-sized businesses (SMEs) will be able to get their invoices paid instantly, better manage their cashflow and improve their overall...
May 27th, 2022

Smaller retailers set to struggle as inflation continues to rise
Delayed payments and insolvencies are predicted to rise in the consumer durables retail sector this year, reveals leading trade credit insurer Atradius. In its...
May 27th, 2022

Businesses hit the brakes on people and business investment as economic headwinds take hold
Middle market businesses have hit the brakes on crucial people and business investment as inflationary pressure, recessionary fears, wage pressures and staff...
May 26th, 2022

Central Trust and Mercantile Trust strengthens sales team
Specialist lending brands Central Trust and Mercantile Trust have expanded their internal operation with the appointment of a new Senior Business Development...
May 26th, 2022

South West SMEs outperforming rest of UK when it comes to growth
The South West is the leading region in the UK when it comes to growth prospects for SMEs, according to Clarity, a new data asset from business advisory firm...
May 26th, 2022

Herts Challenger Bank plants trees for the jubilee
A Hertfordshire Challenger Bank has celebrated the Queen’s Platinum Jubilee by donating 600 trees as part of a royal initiative. Redwood Bank is marking Her...
May 26th, 2022

Hampshire Trust Bank bolsters development finance business development team with trio of appointments
Hampshire Trust Bank (HTB) has announced the appointment of a business development director and two business development managers (BDMs) in its Development...
May 25th, 2022

Aldermore provides £10.7m loan to Russell Armer Homes for Kendal housing development
Aldermore has provided a £10.7m loan to Russell Armer Homes to deliver a housing development in Kendal. The Meadow Rigg site is located on the northern edge...
May 25th, 2022

Businesses brace for impact but are better prepared, says RSM UK
The RSM UK Supply Chain Index (SCI) continued to improve in March, but the firm’s preliminary reading for April showed the first signs of supply chain...
May 25th, 2022

Together hires new business development manager
Specialist lender Together has appointed Gemma Roberts as a business development manager covering the North of England. Gemma, who has more than 20 years’...
May 24th, 2022

Bergen Finance lends £9m to back expansion of Welsh film studios
Secured lending newcomer Bergen Finance, founded by Andrew Ward and Adrian Hogan and launched in December 2021, has backed Shadow Holdings, the company behind...
May 24th, 2022

Russia’s invasion of Ukraine throws sand in the wheels of the global economy
The global economy remains challenged by supply chain issues and high energy prices, with the Russia-Ukraine conflict further increasing commodity prices and...
May 23rd, 2022

UK sector growth slows as rising inflation weighs on demand
According to the Lloyds Bank UK Sector Tracker, output growth in most UK sectors slowed in April as rising inflation weighed on demand for goods and services....
May 23rd, 2022

Hampshire Trust Bank unveils Bridge EPC Refurb product
Hampshire Trust Bank (HTB) has enhanced its offering for landlords with the introduction a new product for clients looking at improving the Energy Performance...
May 23rd, 2022

Forums International Welcomes a New Consultant Partner to the Team
Forums International is delighted to welcome Kerry McKevitt to the team as our Consultant Partner, Forums Development and Kerry will bring an abundance of...
May 19th, 2022

Call tracking specialist dials up growth with US acquisition
Call tracking software specialist iovox has acquired the marketplaces division of California-based call tracking provider, CallSource. The acquisition assists...
May 18th, 2022

Saltare Expands Team with Key Appointment of New Commercial Manager
Saltare, the UK’s Early Payment FinTech, has bolstered its commercial team with the appointment of Tracy Grazioli, as Commercial Manager formerly with the...
May 18th, 2022

Saltare Expands Team with Key Appointment of New Commercial Manager
Saltare, the UK’s Early Payment FinTech, has bolstered its commercial team with the appointment of Tracy Grazioli, as Commercial Manager formerly with the...
May 17th, 2022

UK SMEs to invest £633m in growth in the next year
New research from Aldermore shows further signs of growing confidence and investment plans from small and medium-sized businesses (SMEs) in the UK. Despite...
May 17th, 2022

Acquis Equipment Leasing Index: UK companies start 2022 strongly despite looming headwinds
In the face of significant macroeconomic issues that look set to dent business confidence in the UK, the Acquis Index for Q1 2022 reveals that businesses are...
May 17th, 2022

Recognise Bank benefits from £8.7m capital raise
Commercial lender, Recognise Bank, will benefit from £8.7 million in new capital following the latest successful round of fund raising announced today by the...
May 17th, 2022

Hodge launches new Stretch Senior Development Finance option for experienced property developers
Hodge has launched a new Development Finance option, Stretch Senior, to provide experienced property developers with the opportunity to access additional...
May 17th, 2022

Asset finance new business grew by 13% in March 2022
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...
May 16th, 2022

Value of UK business loans written off by banks almost doubles in last quarter in 2021 – up to £356m from £190m
The value of UK business loans written off by banks nearly doubled in the last quarter of 2021, rising 87% from £190m in the third quarter to £356m in the...
May 16th, 2022

Small business growth forecasts hit two-year high
Nationally, 37% of small business owners predict growth for the next three months, the highest figure since the pandemic started more than two-years ago. The...
May 13th, 2022

CSA receive Ofsted GOOD rating in first official inspection
The Credit Services Association (CSA), the voice of the UK debt collection and debt purchase industry, has received the highly sought-after Ofsted GOOD rating...
May 13th, 2022

New Customer Experience Debate Is Launched
A new round-table debate is set to allow senior professionals to share information and advice regarding customer experience in these changing times. The...
May 12th, 2022

Applications for personal guarantee backed small business loans up 50%
Demand for personal guarantee backed finance from small businesses doubled in March 2022, as firms grappled with rising costs according to Purbeck Personal...
May 12th, 2022

Taulia and EcoVadis partner to help build sustainable supply chains
SAN FRANCISCO, CALIFORNIA – Taulia, a leading provider of working capital management solutions, has today announced its partnership with the business...
May 11th, 2022

Monument strengthens Lending team
Monument, the challenger bank and specialist buy-to-let lender, has strengthened its Lending team with the recruitment of Craig Middleton. Craig, who joins as...
May 11th, 2022

New ‘social hub’ opens in Castleford following major funding support
A Featherstone-based property developer has created a new social hub featuring an artisan coffee shop and sandwich bar, as well as a high-specification hair...
May 11th, 2022

Quantuma continues to grow UK presence with new director hire
Business advisory firm, Quantuma, has appointed Lee Brocklehurst as director at its Nottingham office. Lee is the latest in a series of appointments by...
May 10th, 2022

Gerasimov returns to Foundation Home Loans as Regional Account Manager
Foundation Home Loans, the intermediary-only specialist lender, has today announced the return of Jack Gerasimov as a Regional Account Manager. Jack will cover...
May 10th, 2022

HTB boosts Specialist Mortgages team with two senior appointments
Hampshire Trust Bank (HTB) has made two senior appointments – Head of Intermediary Distribution and Head of New Business. Sally Wright has been promoted...
May 6th, 2022

United Trust Bank Assists Lillian Stanley Finance to Create a Customer Supercar Meet-Up
United Trust Bank (UTB) Asset Finance and specialist high value car finance broker Lillian Stanley, worked together to create Lillian Stanley’s first...
May 5th, 2022

West One significantly reduces rates on buy-to-let lifetime tracker range
Specialist lender, West One Loans is reducing rates on its buy-to-let lifetime tracker product range. The largest reduction is on the Lifetime Tracker Standard...
May 5th, 2022

Crystal Specialist Finance unveil enhanced CrystalHub Dashboard
Crystal Specialist Finance, the specialist finance distributor, has today launched a range of enhanced features to its CrystalHub Dashboard portal. Crystal...
May 4th, 2022

Tuscan Capital provides large BTL portfolio funding
Tuscan Capital, the short-term property finance specialist, has announced that it has secured new funding for buy-to-let portfolio landlords looking to secure...
May 3rd, 2022

Thousands of logistics and courier companies reach the end of the road, as closures rise by 75%
New industry figures from the Office for National Statistics (ONS) show a huge rise in logistics company closures. In all, 15,005 freight transport businesses...
April 29th, 2022

Together appoints highly-experienced banker as national development director
Together has hired commercial financial expert Joanne Fletcher to support the lender’s ambitious growth plans across the UK. Joanne, who worked for Natwest...
April 29th, 2022

Hodge eyes strategic growth in commercial lending market with product shake up
Hodge has made significant changes to its commercial property products, with a new commercial investment product launched and criteria changes to its...
April 29th, 2022

R3 responds to Q1 2022 insolvency statistics
There were 4,896 underlying corporate insolvencies in Q1 2022 – an increase of 6.1% from Q4 2021’s figure of 4,615, but a rise of 112% on Q1 2021’s...
April 28th, 2022

2022 brings record Q1 lending levels for Praetura
Praetura Group’s lending division has celebrated a record-breaking start to the year, with strong growth across all aspects of the portfolio in Q1. Through...
April 28th, 2022

Monument strengthens Bridging team
Monument, the challenger bank and specialist buy-to-let lender, has strengthened its Bridging team with the recruitment of Fatlum Lushi. Fatlum joins Monument...
April 28th, 2022

Supply chain specialist OCI is the No.1 fastest-growing company in the UK
The supply chain is creaking under the strains of Covid19 and the Russian/Ukrainian crisis, creating strong inflationary pressures, but OCI is helping...
April 27th, 2022

Alternative Bridging Case Manager appointment
Alternative Bridging Corporation has further bolstered its support function with the appointment of a new Case Manager. Radhika Patel joins the specialist...
April 27th, 2022

Reward boosts Yorkshire’s SMEs with an additional £50m in 12 months
Reward Finance Group has helped boost the Yorkshire economy in the last 12 months by providing over 140 SMEs with an additional £50m of funding, to enable...
April 26th, 2022

Impact Specialist Finance appointed onto Quantum Mortgages packager panel
Impact Specialist Finance, the leading specialist packager and distributor, has been appointed to the Quantum Mortgages packager panel. Impact’s brokers will...
April 25th, 2022

Impact Specialist Finance appointed to Buy to Let Packager Panel by United Trust Bank
Impact Specialist Finance, the leading specialist packager and distributor, has been appointed by United Trust Bank (UTB) to their newly formed buy-to-let...
April 22nd, 2022

Alternative Bridging appoints Internal BDM
Alternative Bridging Corporation has expanded its sales operation with the appointment of a new Internal Business Development Manager (BDM). Sam Bailey joins...
April 21st, 2022

Aldermore provides additional seven-figure facility for the growth of Yorkshire-based family investment office
Aldermore has provided Real Estate Investment Group 1 Limited with a seven figure facility, to enable them to further grow their commercial property portfolio...
April 21st, 2022

Recognise Bank Launches Easy Access Savings Account For Small Businesses
Recognise Bank has entered the business savings market with the launch of an Easy Access Savings Account paying 0.55% AER. The Bank says that UK SMEs could be...
April 20th, 2022

Praetura grows lending division with acquisition of Zodeq
Praetura Group (“Praetura”), the North West-based debt and equity capital provider to UK SMEs, has grown its lending portfolio with the acquisition of...
April 20th, 2022

Lloyds Bank UK Recovery Tracker – UK recovery accelerates, as manufacturers shoulder inflation pressure
The number of UK sectors reporting output growth rose in March, according to the latest Lloyds Bank UK Recovery Tracker. However, while UK services businesses...
April 20th, 2022

United Trust Bank announces three new appointments in further growth of its Property Development Sales Team
United Trust Bank (UTB) has appointed three new Property Development Directors and Managers as it continues to expand its Property Development Division and...
April 20th, 2022

Fleet Mortgages’ Q1 2022 Rental Barometer shows steady quarterly yield returns
Fleet Mortgages, the buy-to-let specialist lender, has today (18th April 2022) released the latest iteration of its Buy-to-Let Rental Barometer covering Q1...
April 19th, 2022

Exporter confidence plummets post-Ukraine
How is the current international environment affecting exporters and their willingness to trade? Allianz Trade, the world leader in trade credit insurance,...
April 13th, 2022

Together announces broker sales team shake-up
Together has reorganised its intermediary relations team into two dedicated specialist support teams for personal finance and commercial finance cases. The...
April 13th, 2022

Industry reaction from Tommaso Aquilante
Following today’s news that the UK economic growth has slowed down sharply in February, Tommaso Aquilante, UK Lead Economist at Dun & Bradstreet said:...
April 12th, 2022

Recognise Bank Provides £5m Commercial Loan to Property Developer
Recognise Bank has agreed a £5 million commercial loan with property company Grangewood Investments Ltd. The loan was made so that the developer could...
April 11th, 2022

Central and Mercantile Trust expands BDM team
Central and Mercantile Trust have expanded their field sales operations with the appointment of a new Business Development Manager (BDM). Harriet Merriman has...
April 11th, 2022

Construction output comment
Following the latest ONS construction figures which found a slight decrease in output in February, Fraser Johns, finance director, Beard said: “The February...
April 11th, 2022

United Trust Bank completes £1.3m Bridging facility for an acquisition and refurbishment project
United Trust Bank (UTB) has completed a £1.3million non-regulated Bridging facility to enable an experienced developer to acquire and improve a unique...
April 8th, 2022

Essex manufacturer focuses on growth after securing future in area
Eric Wilson & Co, an Essex-based manufacturer of fabrications and solid surfaces, has secured its long-term presence in the area by buying its Witham...
April 7th, 2022

Hope Capital and Charles Louis Commercial Finance team up to deliver over £1m funding for former pub complex
Specialist short-term lender, Hope Capital has completed a £1.1 million commercial loan on a magnificent former pub complex located on the outskirts of...
April 7th, 2022

Seven-year spike in small businesses looking to hire set against backdrop of caution
With the worst of COVID largely behind us and with continuing economic uncertainty, new research from Novuna Business Finance suggests a mixed picture of...
April 7th, 2022

Phoenix Cellular plans international expansion with £10m funding facility from Praetura Commercial Finance
Europe’s leading distributor of refurbished mobile phones, Phoenix Cellular, secures a £10m funding facility for international expansion from Praetura...
April 5th, 2022

Alternative Bridging Corporation provides £1.5m bridging loan for buy-to-let investment
Alternative Bridging Corporation has provided a sizeable bridging loan so a client could quickly take advantage of a buy-to-let investment opportunity. The...
April 4th, 2022

United Trust Bank Asset Finance completes £511,000 Refinance
United Trust Bank (UTB) Asset Finance has successfully completed a £511,000 refinance facility to assist a well-established civil engineering company in the...
April 4th, 2022

The self-employment resilience gaps – and why they may not be as bad as they seem
Self-employed people are far less likely to have the insurance they need, and face worrying pension gaps. Only 22% are on track with their retirement savings,...
April 4th, 2022

PayPoint announces investment in Optus Homes
PayPoint has today announced a £750k investment in Optus Homes, a leading app for tenants to manage their home rental account. The deal will see the PayPoint...
March 31st, 2022

Recognise Bank Tops £100m in Lending
Little more than six months after achieving its full banking licence in September 2021, Recognise Bank has announced that is has delivered over £100 million...
March 31st, 2022

Hope Capital springs into the new financial year with product overhaul
Riding on the success of the previous year, Hope Capital has announced it has overhauled its product proposition to support brokers and their clients looking...
March 31st, 2022

United Trust Bank targets growth in Non-Regulated Bridging with expanded Fast Track limits and AVM enhancements
United Trust Bank (UTB) has announced it is targeting growth in Non-Regulated Bridging business in 2022 and revealed a raft of Fast Track and AVM criteria...
March 30th, 2022

Chorley window and door business plans for growth with £1m cash injection from Reward Finance Group
Nationwide Frame Services, which supplies and installs windows and doors for leading housebuilders, is targeting strong business growth in 2022 and beyond with...
March 29th, 2022

Latest business survey shows that economic growth has levelled off
Despite a slight upturn in domestic trade, Omicron related disruption and high inflation fuelled by rising energy prices and the situation in Ukraine have...
March 29th, 2022

Shawbrook Attracts More Top Talent To Corporate Lending Team in The Midlands
Shawbrook Bank continues to attract top talent as demand for its corporate lending proposition continues to grow across The Midlands. Ian Bath joined Shawbrook...
March 29th, 2022

Energy top concern as small businesses make sustainability a priority for 2022
The majority of UK small business owners (58%) have started 2022 looking to improve their sustainability credentials – with small businesses in the...
March 29th, 2022

Hampshire Trust Bank improves semi-commercial lending criteria
Hampshire Trust Bank (HTB) has enhanced its semi-commercial lending criteria following feedback from brokers. The bank has revised the ratio of commercial to...
March 28th, 2022

Demand for trade credit insurance on the rise as future remains uncertain
Two years ago, the country shut down. We all got very used to using the word ‘unprecedented’; no one knew what direction the economy was going to take. The...
March 25th, 2022

FICO Collections Expert Bruce Curry Named to Credit 500 for Third Straight Year
Global analytics software provider FICO is pleased to announce that Bruce Curry, senior principal consultant in Collections and Recovery in EMEA, has been...
March 25th, 2022

A double appointment for Hope Capital
Specialist short-term lender, Hope Capital has announced a further boost to its growing sales team with a dual appointment. Sam Lea has taken up the role of a...
March 24th, 2022

Hampshire Trust Bank selects MagiClick for Wesleyan Bank digital project
Hampshire Trust Bank (HTB) has chosen digital agency MagiClick to support the business in a number of digital banking projects. The initial project saw...
March 22nd, 2022

Together provides £20m funding package for low carbon home building
A pioneering sustainable developer has secured a £20million finance package to kick-start the next phase of its low-carbon city centre residential scheme....
March 21st, 2022

Landbay joins White Rose’s lender panel
Landbay, one of the UK’s leading buy-to-let lenders, has joined White Rose’s lender panel. White Rose will now provide its appointed representatives with...
March 21st, 2022

Ukraine crisis and rising fuel prices overtake covid as top concern for small businesses
Overnight, the outbreak of war in Ukraine has had a significant impact on UK small business owner confidence. Nationally, 78% of small business owners say...
March 21st, 2022

United Trust Bank funds £30m South London development by Featherstone Homes
United Trust Bank is funding a £30m mixed use residential and commercial development in Bermondsey, South London, by Featherstone Homes which will create 61...
March 17th, 2022

Reward Finance Group expands its North West operations with double appointment
Alternative finance company, Reward Finance Group, has strengthened its Manchester team with the appointment of two new relationship managers. Paula Robertson...
March 16th, 2022

Retail, construction insolvencies surge with war in Ukraine set to worsen UK supply chain problems
Data released today by the Insolvency Service show that insolvencies of retailers and construction businesses have surged in the past year as the UK’s supply...
March 16th, 2022

Hampshire Trust Bank makes key asset finance hire
Hampshire Trust Bank (HTB) has announced the appointment of Bill Moffat as sales manager within its Asset Finance division. Moffat’s appointment highlights...
March 15th, 2022

Together selects Thought Machine to modernise technology stack
Together, one of the UK’s leading specialist mortgage and secured loan providers, today announces it has selected Thought Machine, the core banking...
March 15th, 2022

PayPoint hires Jason Levy to drive digital progress in charities
To accelerate its investment into the charities sector, digital payments expert, PayPoint, has named Jason Levy to lead the Strategic Development and...
March 15th, 2022

Over two-fifths of business leaders are not aware of asset-based lending
As government support winds down and UK SMEs consider alternative methods of financing for their business, new research from Nucleus Commercial Finance finds...
March 14th, 2022
Asset finance market grew by 11% in January 2022
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...
March 11th, 2022

Recognise Bank Completes £2m Commercial Loan in 23 Days from Credit Approval
Recognise Bank has completed a £2 million loan for a city centre office premises in just 23 days from credit being agreed to the funds being drawn down. Tight...
March 11th, 2022

Paradigm launch semi-exclusive as Vernon Building Society added to lender panel
Paradigm Mortgage Services, the mortgage services proposition, has today added Vernon Building Society to its lender panel launching to members with a new...
March 11th, 2022

BuildLoan launches new low-fee self-build products with guaranteed stage payments
Self build expert BuildLoan has added two new low-fee products to their range in conjunction with Hinckley & Rugby Building Society. The two products offer...
March 10th, 2022

Praetura secures £100m lending facility
The Praetura Asset Finance (PAF) Group, comprising of Praetura Asset Finance and Kingsway Finance, part of Praetura Group’s lending division, has announced...
March 9th, 2022

Embedded Finance Network mmob Closes £5 million Seed Round
mmob, the UK’s first embedded finance network has today announced the successful completion of a £5m seed round. The investment was raised from a group of...
March 9th, 2022

Kolleno raises £4M seed to help businesses solve their cash flow struggles
Kolleno, a London-based fintech start-up specializing in Accounts Receivable (AR) management for SMEs, has attracted £4M ($5.4M) in seed funding led by...
March 9th, 2022

Pink Pig Loans secures swift commercial loan to help local firm avoid closure threat
Pink Pig Loans, the specialist finance packager and distributor, has today announced it has secured a £210,000 commercial loan for a local business, ensuring...
March 8th, 2022

United Trust Bank increased New Lending to £1.5bn in 2021, driving Profit after Tax to £35.4m
United Trust Bank (UTB) increased new lending to a record £1.5bn in 2021, increasing Operating Income by 20% to £95.2m and Profit after Tax by 42% to...
March 8th, 2022

Construction PMI: Easing supply chain pressures set to roll into reverse says RSM UK
The rapidly changing geopolitical landscape will fuel a re-emergence of supply chain pressures within the UK construction sector, reversing what has been a...
March 4th, 2022
Proportion of small businesses predicting organic hits 2 year high
Almost a third of small business owners (32%) have started 2022 predicting organic growth for the next three months. Now in its ninth year, the tracking study...
March 3rd, 2022

Aldermore Group half year results to 31 December 2021
Aldermore Group has delivered profit before tax of £110.1m, up 91% on the prior year (31 December 2020: £57.6m). The Group continues to deliver growth in...
March 3rd, 2022

Reward Finance Group receives an additional £50m to lend to SMEs as it aims to double the size of the business in the next three years
SME funder, Reward Finance Group (“Reward”), has received a £50m increase in its credit line from alternative investment manager, Foresight Group...
March 2nd, 2022

Asset Finance recognised as a key choice for firms seeking to reduce carbon emissions
Commenting on the Small Business Finance Markets 2021/22 report, published today by the British Business Bank, the Finance & Leasing Association welcomes...
March 1st, 2022

Finverity appoints Ahanna Anaba as Head of Sales – Digital Solutions & Partnerships
Finverity, the mid-market supply chain finance platform focused on emerging markets, today announces the appointment of Ahanna Anaba as Head of Sales –...
March 1st, 2022

United Trust Bank provides £3.5m funding for Burrington Estates’ first new Plymouth commercial development
Burrington Estates has recently completed the construction of 30 high quality business units at Eurotech Park in Plymouth with £3.5m of funding from United...
March 1st, 2022

Aldermore announces new appointment in asset finance team
Aldermore bank has appointed James Harrowsmith as business development manager in its asset finance team. James has 29 years’ experience in financial...
February 24th, 2022

Foundation Home Loans launch new buy-to-let Expat product range
Foundation Home Loans, the intermediary-only specialist lender, has today announced a new buy-to-let product range exclusively for Expat landlords. From today,...
February 24th, 2022

Mortgage 1st appoints Paul Lewis as head of growth
Mortgage and protection adviser Mortgage 1st today announces the appointment of Paul Lewis as head of growth. The senior management position at Mortgage 1st...
February 24th, 2022

Aldermore launches ‘ground rents finance’ proposition
Aldermore has today launched a new Ground Rents Finance proposition, aimed at experienced owners or operators of freehold ground rent portfolios and assets....
February 23rd, 2022

Ingenious set to finance more sustainable real estate schemes with new funding
Ingenious Real Estate is now focused on supporting more sustainable commercial and residential property schemes in the UK following the latest funding...
February 22nd, 2022

A hat-trick of award nominations for Optimum Finance
Specialist invoice finance provider, Optimum Finance, has started the year as they mean to go on with award nominations in three separate business awards. The...
February 22nd, 2022

Quality data proves critical to business performance
75% of businesses who improved data quality in 2021 exceeded annual objectives, but data quality and skills shortage leave 56% of businesses still not able to...
February 22nd, 2022

Tradeplus24 launches into UK with close of £30M debt facility from PFG
Global SME lending fintech Tradeplus24 is launching into the UK with the close of a £30 million debt facility provided by San Francisco-headquartered global...
February 22nd, 2022

CICM creates new Professional Standards to champion and benchmark excellence in credit management
A new set of Professional Standards that defines the unique skills and contribution that credit and debt collection professionals deliver in protecting and...
February 22nd, 2022

Funeral homes company on acquisition trail with help from Reward Finance Group
Husband and wife team, James and Charlotte Gardner, of Rebiere Holdings in Kent, have completed the purchase of their second funeral home, with the...
February 21st, 2022

Recognise Bank works with Central and Regional Estates (CARE) Healthcare Team on Ground-Breaking New Project
Recognise Bank is working with the Central and Regional Estates (CARE) Healthcare Team to fund a ground-breaking new approach to dementia care. The Bank has...
February 21st, 2022

UK recovery accelerates as supply chain pressures ease
The number of UK sectors reporting output growth rose in January as supply conditions improved, according to the latest Lloyds Bank UK Recovery Tracker....
February 17th, 2022

New India Country Report by Atradius shows robust recovery but risks remain
India’s economy is forecast to continue its economic growth in 2022, having rebounded by 8.2% in 2021 after a severe 7.0% contraction in 2020. But downside...
February 16th, 2022

Hodge appoints Rob Regan as new chief operating officer
Rob brings a wealth of experience to the role having previously held roles as chief operating officer at Legal & General (L&G) and group operations...
February 16th, 2022

Asset finance market fell by 2% in December, but grew by 14% in 2022
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) fell...
February 14th, 2022

Over a third of SMEs kept calm and carried on in 2021
A new survey amongst the employees of SMEs by Purbeck Personal Guarantee Insurance, the UK’s only provider of personal guarantee insurance has found that...
February 14th, 2022

Leading UK finance provider becomes Novuna today following merger of two global financial firms
Today marks the start of a new era for one of the UK’s leading financial services companies, as Hitachi Capital (UK) PLC becomes Mitsubishi HC Capital UK...
February 14th, 2022

Recognise Bank Builds Loan Partnership with Galliard Homes and Reflex Bridging
Recognise Bank has agreed a multi-million pound “loan on loan” partnership with bridging loan specialist, Reflex Bridging, which is run by property...
February 14th, 2022

Together appoints a new BDM for the South coast
Specialist lender Together has hired experienced finance professional Andy Neo as a business development manager covering the South of England. The...
February 11th, 2022

ONS comment: On the path to recovery
Following the latest ONS construction stats which found output increased by 2.0% in December 2021, Fraser Johns, finance director at Beard commented: “The...
February 11th, 2022

British Chambers of Commerce – 3 in 4 businesses already raising prices
This morning, a survey by the British Chambers of Commerce suggested that rising energy bills and staff wages are pushing most businesses to increase prices...
February 10th, 2022

Alternative Bridging Corporation expands servicing team with two hires
Alternative Bridging Corporation has bolstered its service function with the appointment of a new Underwriter and a Case Manager. Robert Seymour has been...
February 10th, 2022

A decade of excellence marked by record year for Hope Capital
Hope Capital has revealed that the 2021/22 Financial Year marked its strongest year in its 10-year history. The specialist short-term lender has announced...
February 10th, 2022

Shawbrook makes life faster and easier for asset-finance brokers with new digital portal
Shawbrook Bank has launched a new digital portal that will help brokers provide clearer, faster decisions to their business customers on asset finance...
February 9th, 2022

Praetura kickstarts 2022 with £18.5m to support the growth ambitions of UK SMEs
Praetura Commercial Finance has provided more than £18.5m of funding to support the growth ambitions of two northern SMEs in the first month of 2022. The...
February 9th, 2022

Construction PMI: Activity and sentiment pick up as supply chain pressures fade, but labour shortages and project delays will persist says RSM
Business activity in the UK construction sector saw an uptick for the twelfth consecutive month in January. The rate of growth also picked up on the previous...
February 4th, 2022

Alternative lender SME Capital closes funding round
British alternative lender SME Capital scooped a new investment from three family offices to expand its offering in the under-served lower middle market. The...
February 4th, 2022

Reward Finance Group steps up expansion with new Scottish office
Reward Finance Group is continuing with its ambitious UK expansion plan with the opening of a Scottish office, led by hugely experienced business finance...
February 3rd, 2022

HTB bolsters development finance division
Hampshire Trust Bank (HTB) has invested in its development finance proposition by almost doubling the team size to deliver greater levels of support for...
February 3rd, 2022

Finverity raises $2m Pre-Series A to accelerate growth
Finverity, the mid-market supply chain finance platform focused on emerging markets, today announces the completion of a USD 2m Pre-Series A equity funding...
February 3rd, 2022

“It feels like I’ve come home!” Regional Director Mike Stevens returns to Optimum Finance
Regional Director, Mike Stevens, re-joins the team at Bristol-based specialist invoice finance provider, Optimum Finance, ready to support the business’s...
February 1st, 2022

Teamwork and expertise lead West One to complete £3m, complex bridging loan
Industry leading specialist lender, West One Loans, has successfully completed a large, complex, regulated bridging loan for a HNW property professional. The...
February 1st, 2022

Former pilot’s lending business flying high with increased bank backing
A speciality finance company based in Greater Manchester and founded by an ex-airline pilot expects to double its loan book within 12 months after securing...
February 1st, 2022

Enra Specialist Finance completes second securitisation from its Elstree programme
UK mortgage lender Enra Specialist Finance has announced today, that it has completed its second public securitisation, backed by a portfolio of buy-to-let and...
January 27th, 2022

December retail sales: Omicron’s arrival rudely interrupted high street recovery
Retail sales volumes fell by 3.7% in December 2021. Non-food stores sales volumes fell by 7.1% in December 2021,;as the Omicron variant had an impact on retail...
January 21st, 2022

Challenger Bank shortlisted in three categories in UK’s largest business finance awards
A UK Challenger Bank set up less than five years ago has been named as a finalist in three categories in the largest business finance awards ceremony...
January 21st, 2022

Garden centre grows its food offering and creates jobs with £1.3m help from Reward Finance Group
Crimple Garden Centre, in Harrogate, has invested £4 million to create a 20,000 square foot food hall, incorporating a 160-seat restaurant, leading to the...
January 20th, 2022

New year, new hires for Hope Capital
Hope Capital has welcomed Danielle Evans and David Weir to further strengthen its sales team. Danielle has over 14 years’ experience in the specialist...
January 20th, 2022

Pace of UK recovery slows as Omicron impact bites
10 of 14 sectors monitored saw an expansion in output, but the overall pace of the UK’s recovery slowed in December. Consumer-facing businesses felt the...
January 20th, 2022

United Trust Bank Asset Finance aims to build on a record-breaking 2021 with investment in people, new products and technology
United Trust Bank (UTB) is aiming to build upon its record-breaking 2021 Asset Finance performance by continuing to grow its team, developing innovative...
January 19th, 2022

Rents are rising far faster than 1.8%, and renters may not be resilient enough to cope
Officially, rents rose 1.8% during 2021, and excluding London they were up 2.7%. This is the fastest overall rise since August 2016. UK rental prices have...
January 19th, 2022

SPACs: On their way to the UK?
Nobody likes to miss out on what could be the next big thing. So when the Financial Conduct Authority (FCA) made substantial changes to its rulebook last year...
January 18th, 2022

Allica Bank supports new entrant to the care home market in first healthcare deal
Allica Bank has delivered its first commercial mortgage within its recently launched healthcare division, enabling the purchase of a 21-room, Shropshire-based...
January 18th, 2022

Fiduciam secures £400 million of additional funding for 2022 and lowers interest rates
Fiduciam, the market place lender specialising in short-term and development loans, has secured £400 million of new funding to be deployed in 2022. As a...
January 18th, 2022

British Credit Awards 2022 Shortlist Released Ahead of March Awards Night
Ahead of the biggest night in the British Credit Industry, the official shortlist of nominees at the Chartered Institute of Credit Management’s British...
January 18th, 2022

Recognise Bank announces Dean Carter as Group Treasurer
Recognise Bank has announced Dean Carter is to become the SME bank’s Group Treasurer. Carter had been working with the bank last year as it achieved full...
January 17th, 2022

ONS Construction Output in Great Britain – comments
Commenting on the ONS Construction Output in Great Britain statistics, Andrew Dixon, commercial director specialist finance, Aldermore, said: “Today’s data...
January 14th, 2022

Asset finance market grew by 5% in November 2021
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...
January 14th, 2022

ONS comment: Figures show construction moving in the right direction
Following the latest ONS figures that found construction output increased by 3.5% in November (the largest monthly increase since March 2021), Fraser Johns,...
January 14th, 2022

Challenger Bank shortlisted in three categories
A UK Challenger Bank set up less than five years ago has been named as a finalist in three categories in the largest business finance awards ceremony...
January 14th, 2022

Alternative Bridging Corporation strengthens sales team
Alternative Bridging Corporation has strengthened its sales team with the recruitment of two new BDMs. Paul Gavin joins Alternative Bridging Corporation as a...
January 12th, 2022

United Trust Bank continues to develop its High Value Car finance business with new specialist BDM appointment
United Trust Bank (UTB) has appointed Alex Cooper as Specialist Motor Finance – Lead Business Development Manager within its Asset Finance Sales team...
January 11th, 2022

Fleet Mortgages cuts two- and five-year fixed rates
Fleet Mortgages, the buy-to-let specialist lender, has today announced a number of price reductions across all three of its core areas of lending – standard,...
January 11th, 2022

Nucleus Commercial Finance hires business development manager to boost Midlands team
Nucleus Commercial Finance, the fintech revolutionising how UK SMEs access finance, today announces the appointment of Gurinder Mandir as Business Development...
January 11th, 2022

Aldermore provides £15.3m loan to Yorkshire-based family property group
Aldermore Bank has provided Carlton Hill Holdings Limited, a subsidiary of the Pickard Properties Group, with a £15.3m loan which will be used to refinance an...
January 10th, 2022

Over half of SME leaders confused about the government’s plans to ‘level up’ the country
As the government prepares to release its levelling up white paper later this month, new research1 from Nucleus Commercial Finance finds that more than half...
January 10th, 2022

Construction pressures easing but we’re not out of the woods yet
Following the latest CIPS PMI construction stats which found construction growth slowing in December, Fraser Johns, finance director at Beard, said: “While...
January 7th, 2022

Optimum Finance marks the New Year with new appointments
Specialist Invoice Finance provider, Optimum Finance, further bolsters its team with three new appointments across the Marketing and Finance departments. The...
January 5th, 2022

Contextual Intelligence – A new tool in the war against fraud
Billions of friction-filled moments, which risk upsetting a customer’s journey, occur daily, as financial organizations of all kinds—from traditional banks...
January 5th, 2022

What SMEs must do to survive and grow in 2022
The year of 2021 was a momentous one for SMEs throughout the UK, and saw substantial growth throughout the small business landscape in the UK. Now, as we head...
January 5th, 2022

Construction under way as former Slough Council block gets set for residential transformation
Slough Borough Council’s former High Street contact centre is undergoing a £26 million transformation after property developer Kings Oak Capital secured...
January 4th, 2022

Outlook deteriorating for UK automotive sector
The credit risk in the UK automotive industry is set to deteriorate, reports trade credit insurer Atradius. In its in-depth report on the automotive sector,...
January 4th, 2022

The Importance of Adequate Liquidity for Small Businesses
With fresh restrictions for businesses threatened every day and growing speculation around future lockdowns many small businesses are struggling to know where...
December 23rd, 2021

Fiduciam grants Santa working capital loan to overcome global supply chain crisis
Fiduciam has provided Saint Nicholas of Myra (commonly known as Santa Claus) with a bridging loan to ensure that Mr Claus and his team can deliver on their...
December 22nd, 2021

SMEs to spend £35,000 in 2022 to address productivity crisis
As the government looks for solutions to address the UK’s ongoing productivity crisis, new research1 from Nucleus Commercial Finance reveals that SMEs, on...
December 20th, 2021

UK residential construction has lost £20.7 billion during pandemic
The latest research from Warwick Estates, reveals that the market value of the UK’s residential construction industry has declined by -23% since the start of...
December 17th, 2021

CHL Mortgages adds Mil Consiglio to BDM team
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has appointed Mil Consiglio as a BDM to cover the West Midlands. Mil has been working...
December 17th, 2021

Pitch 4 Finance secures finance for complicated Turkish deal
Pitch 4 Finance has completed a business loan for a broker whose client was a UK company but the loan was for assets in a foreign country. This type of...
December 16th, 2021

Praetura Commercial Finance provides Evtec Aluminium with a £11.4m multi-product funding package
Praetura Commercial Finance, the Manchester-based asset-based lender, has supported Evtec Aluminium’s acquisition of Liberty Aluminium Technologies with a...
December 16th, 2021

Hope Capital spreads the jolly festive spirit with new offering
Hope Capital has launched a ‘cracking’ new offer to mark the festive season, which provides fast completions, highly competitive rates and LTVs up to 75%...
December 16th, 2021

UK businesses have been slow to move back to the office says new poll
A poll conducted by online contact centre and customer service magazine Call Centre Helper and home and hybrid working specialist Sensée, reveals that UK...
December 16th, 2021

Eight in ten small business owners losing sleep over continued impact of Covid on business
Eight out of ten (79%) small business owners surveyed are regularly losing sleep due to worries about the impact Covid-19 continues to have on their...
December 15th, 2021

Latest business survey shows slow down in growth started before current Covid restrictions
Despite sustained consumer spending in the lead up to the festive season, economic growth is softening in Greater Manchester, according to the findings of this...
December 15th, 2021

Mike Randall, CEO of Simply Asset Finance, appointed to the FLA Board
The Finance & Leasing Association (FLA) has appointed Mike Randall as a Board Director with effect from January 2022. Currently CEO of Simply Asset Finance...
December 15th, 2021

Employment above pre-pandemic levels: Bank of England unemployment fears were unfounded, so now it has a whole new headache
The number of employees was up 257,000 in the month to 29.4 million in November. That’s 424,000 higher than pre-pandemic levels. The employment rate...
December 14th, 2021

UK recovery slows as price pressures intensify
The number of UK sectors reporting output growth fell in November, as record input cost pressure squeezed firms’ margins, according to the Lloyds Bank UK...
December 14th, 2021

FSB on Scottish Government budget
Finance Secretary Kate Forbes this afternoon outlined the Scottish Government’s spending plans for the year ahead. The Federation of Small Businesses (FSB)...
December 10th, 2021

Asset finance market fell by 7% in October 2021
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) fell...
December 9th, 2021

Aldermore announces new appointments in commercial real estate team
Aldermore has appointed Pamela Mitchell, Jonathan Driver and Kirsty Dyke as property development managers in its commercial real estate team covering Scotland,...
December 7th, 2021

Fiduciam accredited by British Business Bank under the Recovery Loan Scheme (RLS)
Fiduciam, the institutionally funded short-term lender, has been accredited by the British Business Bank as a lender under the government’s Recovery Loan...
December 7th, 2021

New Hire Strengthens Shawbrook Corporate Lending Team In Yorkshire and the North East
Shawbrook has expanded its Corporate Lending team with the appointment of Matt Fannon, who has joined the specialist bank as Director to extend its presence in...
December 7th, 2021

New jobs created as rare species arboretum offers glamping accommodation with help from Reward Finance Group
A 130-year-old arboretum in Kent, which has won 28 gold medals at RHS Chelsea Flower Show for its rhododendrons and acid-loving shrubs and trees, is to offer...
December 7th, 2021

20,000 Scottish businesses vanished during year of crisis
Scotland lost almost 20,000 small businesses during a single year of the covid crisis, according to official statistics. As a consequence of this dramatic fall...
December 6th, 2021

Together hikes maximum bridging and BTL loan sizes
Together has today announced increases to maximum loan sizes across its unregulated bridging and buy-to-let ranges – helping more borrowers access larger...
December 2nd, 2021

Hema Patel joins Hodge as new business development manager
Hodge has appointed Hema Patel as the new business development manager for the north of England and Scotland. Before joining Hodge, Hema worked in various...
December 1st, 2021

Recognise Bank appoints new MD of Commercial Banking
New SME lender, Recognise Bank, has appointed Ian Workman as its Managing Director of Commercial Banking. Workman joins from Barclays Bank where he spent the...
December 1st, 2021

UK SMEs forge ahead with cautious optimism as post-pandemic business confidence grows
Despite lingering anxieties about the pandemic and a variety of economic and commercial issues, the majority of SMEs believe it is now imperative to begin...
December 1st, 2021

United Trust Bank Structured Property Finance provides £1.5m planning gain facility
United Trust Bank (UTB) Structured Property Finance has provided a £1.5m planning gain facility to Leyton Cross Holdings Ltd. The 2 year loan gives the...
November 30th, 2021

Paradigm launch annual ‘Help Fight Hunger’ Reverse Advent Calendar charity drive
Paradigm, the mortgage, protection and compliance services proposition, has today launched its fourth annual ‘Reverse Advent’ charity drive, in aid of The...
November 30th, 2021

Reward Finance Group expands into London and South East
Reward Finance Group is continuing with its expansion plans across the UK with the opening of a London office, headed up by experienced asset-based lender,...
November 30th, 2021

Together Financial Services Limited Q1 Results
Together Financial Services Limited (‘Together’ or ‘the Group’), one of the UK’s leading specialist mortgage and secured loan providers, is pleased...
November 26th, 2021

Visionary Finance appoints Head of Operations
Visionary Finance, the specialist buy-to-let and new build broker, has appointed Neill Henderson as Head of Operations. Neil brings a wealth of experience...
November 26th, 2021

Lenderwize secures €100m investment from Fasanara Capital
Lenderwize, the leading fintech platform for digital commodities, announced today that it has received €100 million in funding from Fasanara Capital, an...
November 25th, 2021

Fiduciam completes bespoke £3m permitted development deal for unique custom build home development
Fiduciam has provided a £3.2m permitted development facility helping an innovative developer complete a unique custom build development. The 24-month facility...
November 25th, 2021

Pitch 4 Finance offers brokers a business development service
The alternative finance sourcing system, Pitch 4 Finance, has created a business development service for brokers once they have completed on a mortgage...
November 24th, 2021

CHL Mortgages appoints BDM for South West England and Wales
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has appointed Stephen Wrigley as a Business Development Manager (BDM) to cover the South...
November 24th, 2021

Reward Finance Group helps company push the boat out
Hampshire-based, Quaestus Yachts, is to turn the concept for its new 60-foot luxury yacht into reality with help from a £650,000 working capital injection...
November 23rd, 2021

Bibby Financial Services announces new central London office to expand support in South East
The UK’s largest independent invoice financier, Bibby Financial Services (BFS), is to open a new central London office as it looks to grow its support for...
November 23rd, 2021

Recognise Bank funds refinancing of £5m 100-plus property portfolio via new PBTL proposition
Recognise Bank has announced the completion of a £5 million Professional buy-to-let (PBTL) refinance deal on a large portfolio of properties, following the...
November 22nd, 2021

Proportunity appoints its first national account manager
Matt Surridge has joined Proportunity as national account manager and will be the main point of contact for brokers as the firm grows its intermediary...
November 22nd, 2021

UK growth improves, as price pressures mount Lloyds Bank
The number of UK sectors reporting output growth hit a three-month high in October, as businesses experienced intense pressure to raise prices, according to...
November 19th, 2021

United Trust Bank funds £28.9m redevelopment near Padstow for Acorn Property Group
United Trust Bank (UTB) is funding the £28.9m redevelopment of a former hotel site being undertaken by the multi award-winning housebuilder, Acorn Property...
November 18th, 2021

Access to finance jeopardises job creation bid by UK small businesses
Almost half of small businesses across the UK (49%) are relying on securing finance to help them fulfil their growth plans for the year ahead. After three...
November 18th, 2021

Housebuilder profits drop by half during pandemic
Research by real estate debt advisory specialists, Sirius Property Finance, has revealed how the pandemic halved the profits taken by the nation’s biggest...
November 18th, 2021

Hope Capital slashes rates and expands offering in Scotland
Hope Capital has today announced it has extended a number of its bridging finance products to enhance its competitive offering in Scotland. This includes...
November 16th, 2021

Reward Finance Group strengthens Yorkshire and North East Business Development Team
Reward Finance Group has appointed Harriet Gibbs as business development director in its Leeds office in response to a growing demand for its funding products...
November 15th, 2021

Together issues additional £120 million 4 7/8% Senior Secured Notes
Together Financial Services Limited (“Together” or the “Company”), one of the UK’s leading specialist mortgage and secured loans providers, is...
November 12th, 2021

ONS Construction Output in Great Britain – Andrew Dixon, Aldermore comments
Commenting on the ONS Construction Output in Great Britain statistics, Andrew Dixon, commercial director specialist finance, Aldermore, said: “Today’s data...
November 11th, 2021

Article 16: pressing the ‘emergency eject’ button will create more problems than it solves, says ParcelHero
The UK may be on a collision course with the EU over the Northern Ireland Protocol, but pressing the Article 16 ejector seat button now could make things a lot...
November 9th, 2021

Hope Capital launches Finish & Exit bridging loan product
Specialist short-term lender, Hope Capital, has launched a brand-new product, which enables borrowers to complete their residential development. The Finish...
November 9th, 2021

Syndicate snaps up Halifax industrial unit with help from Reward Finance Group
Kingspark Limited, a syndicate of four Bradford businessmen, has bought Unit 3 on Lee Bridge Industrial Estate in Halifax for £270k at auction, using funds...
November 9th, 2021

Optimum Finance Recognised for Exponential Growth Potential by Innovate UK
Specialist invoice finance provider, Optimum Finance, has been accepted onto the UK government’s Innovate UK Scaleup Programme. The programme supports a...
November 8th, 2021

Christmas comes early for retailers as fears about shortages rise.
The ONS has released data on shopping in its latest survey on the social impacts of Coronavirus. Susannah Streeter, senior investment and markets analyst,...
November 8th, 2021

Asset finance market grew by 6% in September 2021
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...
November 5th, 2021

Kroll secures the future for LOR Contracting Limited employees
LOR Contracting Limited, a specialist construction and demolition contracting business, has been rescued in part, following the appointment of Andrew Knowles...
November 5th, 2021

Rising overheads taking toll on Scottish business outlook
Rising overheads are a key factor behind a slump in Scottish business confidence, according to new research from the Federation of Small Businesses (FSB)....
November 5th, 2021

End of furlough hits 1.14m: thousands missed by early redundancy figures and will struggle for work
When furlough ended in September, 1.14 million jobs were furloughed – down 210,000 from the end of August. The proportion of jobs on furlough was higher...
November 4th, 2021

Global Shop Solutions Names John Davis Chief Technology Officer
Global Shop Solutions, a leading developer of ERP software for manufacturers around the world, has named John Davis as Chief Technology Officer (CTO). Davis...
November 4th, 2021

Hope Capital expands its team with three new appointments
Hope Capital has today announced it has further strengthened its team with three key appointments. The firm’s sales team has been further boosted with the...
November 4th, 2021

Suffolk tech firm completes MBO following record growth
A Suffolk technology consultancy and distributor has been acquired by Merino Private Equity, after growing revenues by 30% during the pandemic, with support...
November 3rd, 2021

Comments on the CBI SME Trends Survey
“Although fears of Covid seem to have faded for businesses over recent months, supply chain challenges and skills shortages are significantly knocking SME...
November 3rd, 2021

Bibby Line Group commits to set of bold sustainability goals
Liverpool-based Bibby Line Group (BLG) has today shared its vision of being “A family business, known for creating a better future together” underpinned by...
November 3rd, 2021

New CEO at Grupo Catalana Occidente
Grupo Catalana Occidente has appointed Hugo Serra as new CEO. The appointment, which will take effect from 1 January 2022, marks the beginning of an orderly...
November 2nd, 2021

SMEs “keep calm and carry on” despite rising costs from suppliers
Supply chain issues and increasing costs have impacted SMEs countrywide and yet they seem to be handling it in their usual resilient stride. Fintech business...
November 2nd, 2021

Fleet Mortgages appoint new Senior BDM for Central London region
Fleet Mortgages, the buy-to-let specialist lender, has today announced the appointment of a new Senior Business Development Manager (BDM) for the Central...
November 1st, 2021

SFC undergoes staffing restructure to create senior management roles
Specialist Finance Centre (SFC), the second charge and specialist finance packager, has announced a staffing restructure and the internal promotion of Oliver...
November 1st, 2021

UK businesses have been slow to move back to the office says new poll
A poll conducted by online contact centre and customer service magazine Call Centre Helper and home and hybrid working specialist Sensée, reveals that UK...
November 1st, 2021

United Trust Bank adds four new hires to its Asset Finance Operations Team
United Trust Bank (UTB) has developed its Asset Finance Operations Team with four new appointments as it continues to transact record volumes of new business....
October 29th, 2021

Hope Capital appoints new Senior Development Underwriter
Specialist short-term lender, Hope Capital has bolstered its underwriting team by welcoming Jon Reed as Senior Development Underwriter. Jon joins Hope Capital...
October 28th, 2021

Post-Budget Statement – Institute of Export & International Trade
Speaking after the Chancellor gave his Budget Speech, director general of the Institute of Export & International Trade, Marco Forgione said: “It is...
October 27th, 2021

Budget ‘buries the hatchet’ between supply chain companies and Government, says ParcelHero
ParcelHero says today’s Budget was an olive branch from Government that will reduce the strains on logistics companies. The home delivery company ParcelHero...
October 27th, 2021

Nine out of ten small builders’ projects are delayed due to material or skills shortages
An overwhelming majority, 89 per cent, of local builders are reporting delays because of supply chain issues or difficulty recruiting staff, according to a...
October 27th, 2021

SME turnover surges amid preparations for Christmas shortages
The turnover of UK SMEs surged by 20 points in September, despite widespread goods and materials shortages putting pressure on supply chains. With Christmas on...
October 27th, 2021

Funding Options leads call for government-discounted green loans to helps SMEs to Net Zero
With environmental summit COP26 opening in Glasgow on 31 October, a group of financial services providers and small business leaders are lobbying the...
October 27th, 2021

E-commerce is propping up crumbling retail sales, says ParcelHero
Retail sales fell by -0.2% in September, the fifth consecutive fall since April. Only an uptick in online sales prevented a greater slump, says ParcelHero....
October 25th, 2021

Shawbrook and FDC support growth and succession of leading holiday home manufacturer, Carnaby Caravans
Carnaby Caravans, a leading manufacturer of high-quality holiday homes, is set for further growth following a record year which has seen revenues grow by more...
October 22nd, 2021

Autumn Statement call for Chancellor to support growth business investments
The industry body responsible for the Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS), the EIS Association (EISA) is...
October 22nd, 2021

Bibby Financial Services appoints Chief Technology Officer to drive tech roadmap
International SME financier, Bibby Financial Services (BFS) has appointed James Cooper as Chief Technology Officer to drive forward its technology agenda as...
October 22nd, 2021

Finsec joins Knowledge Bank
Finsec, the specialist second charge & secured business loan lender, has added its criteria to the Knowledge Bank platform. Knowledge Bank is a multi-award...
October 22nd, 2021

Hope Capital celebrates ten years in business
Specialist short-term lender, Hope Capital has marked its 10th year in business and is reflecting on the past decade, as well as looking ahead towards a very...
October 21st, 2021

Green Finance Wholesale Guarantee needed to scale up green lending
The Finance & Leasing Association (FLA) is today stepping up its call for a Green Finance Wholesale Guarantee in response to the series of Government...
October 20th, 2021

DawsonGroup selects Yooz AI software to add real-time automation to Accounts Payable system
DawsonGroup, the leading specialist asset rental business, has announced the integration of Yooz cloud provider of real-time purchase-to-pay (P2P) automation...
October 19th, 2021

SME’s predicting closure has hit record low for first time in two years
Transport disruption, labour shortages and fears of a winter fuel crisis have failed to dent resurgent small business confidence for the three months to...
October 19th, 2021

Lending Works announces partnership with Experian to enhance credit framework and support growth
Lending Works, the UK’s leading embedded lending platform, has today announced a new multi-year partnership with Experian, the global information services...
October 19th, 2021

BuildLoan and Buckinghamshire launch new self-build products
Self and custom build specialist BuildLoan has launched two new products in conjunction with Buckinghamshire Building Society. The new products offer...
October 19th, 2021

Hodge strengthens team with new Business Development Manager appointments
Hodge has further strengthened its intermediary support team with the appointment of Stuart Ottery and Kate Morgan. Stuart has joined Hodge as BDM for Wales...
October 15th, 2021

Forget Christmas – that ship may have already sailed, warns ParcelHero
With large container ships unable to unload at Felixstowe, thousands of Christmas gifts are sailing into the sunset, warns ParcelHero. A Dunkirk-style flotilla...
October 14th, 2021

Time’s up – new research reveals almost three quarters of businesses don’t have the skills to succeed in a post pandemic world
A new study into the concerns business leaders in the UK currently hold in relation to a post-pandemic world, has highlighted that a staggering 73% of...
October 13th, 2021

Shawbrook extends development finance facilities into retirement and care home sector
Torsion Care (Derby) Devco Ltd is set to complete a new development of 64 retirement apartments, with a £12.5m development finance solution provided by...
October 12th, 2021

Asset finance market grew by 6% in August 2021
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...
October 11th, 2021

Financial Services firms increase fintech partnerships to boost capability
More UK financial institutions are targeting acquisitions and partnerships with fintech firms to boost their position in a growing market, according to a...
October 11th, 2021

Vector Capital finances an exit loan on a development of 30 flats in Great Yarmouth
Vector Capital plc (AIM: VCAP), a commercial lending group that offers secured loans primarily to businesses located in the United Kingdom, is pleased to...
October 8th, 2021

SME leaders to spend £85,000 on tech in next 12 months to drive pandemic recovery
SME leaders plan to invest £85,000 on average in new digital technologies and systems over the next 12 months, indicating Covid-19 has sparked a longer-term...
October 6th, 2021

Quarterly job applications decline, but CV registrations in skill-short sectors rise
The latest quarterly data from CV-Library reveals an increase in UK professionals registering their CV in the most skill-short sectors, whilst applications to...
October 6th, 2021

A call for mental support for small businesses
The lack of mental support for small businesses is of increasing concern. To mitigate challenges faced by businesses, external physical and financial support...
October 6th, 2021

Together expands sales team with new hires in the South, Midlands, North West and HQ
Specialist lender Together has bolstered its commercial sales teams by appointing three new business development directors in the regions. Kash Moghul will be...
October 1st, 2021

Drinks are on the house for entrepreneur with help from Reward Finance Group
A successful Lancashire-based entrepreneur is branching out into property development with help from a short-term business finance loan from Reward Finance...
October 1st, 2021

Philip King joins Optimum to champion cashflow and early payment
Optimum Finance, a company that helps businesses unlock the cash tied up in unpaid invoices, has recruited the former Interim Small Business Commissioner (SBC)...
October 1st, 2021

Comments on the end of the furlough scheme
“The end of the furlough scheme will undoubtedly have a significant impact on business up and down the country. The scheme has provided a lifeline to SMEs...
September 30th, 2021

UK business savings market grows £23bn year on year in August
The UK Business Savings market increased month on month by £1.6bn in August to £378bn, a year on year expansion of £23bn, as UK businesses show renewed...
September 30th, 2021

Aryza announce new product to support digital transformation for SME lenders
Aryza, expert developers of software solutions for the insolvency, credit and debt recovery sectors has today announced the launch of a new Open Finance...
September 29th, 2021

United Trust Bank continues to develop its Asset Finance Credit team with two new appointments
United Trust Bank (UTB) has made two new appointments in its Asset Finance Credit team as it continues to break records for new written business. Gavin Mancey...
September 28th, 2021

Export boost drives Czech rebound
Exports of goods in the Czech Republic have surpassed pre-pandemic levels, reports the latest trading insight report by Atradius. The trade credit insurer’s...
September 28th, 2021
New study reveals the top UK cities for Start-Ups in 2021
Without a doubt, the pandemic has changed our economy forever; and it may not have felt like the most obvious year to launch a business, but with Britons...
September 27th, 2021

Generation rent is wrung dry, and the spending squeeze is making it worse
More than one in three (35%) private renters could last less than a month on their savings – compared to one in six (17%) of those with a mortgage, and...
September 27th, 2021

Together commits to new quarter century lease for its Manchester HQ
Greater Manchester-based specialist lender Together as signaled its commitment to a business park by signing a new 25-year lease on its £39million...
September 27th, 2021

Growth spurs Enra Specialist Finance into new green office space
Enra Specialist Finance has moved into an environmentally-friendly office in the centre of Watford to accommodate its continuing growth. Staff numbers have...
September 27th, 2021

SME recovery flatlines as shortages hamper turnover for second consecutive month
SME turnover fell for the second consecutive month (although marginally) in August as labour and skills shortages continued to hamper economic activity. With...
September 24th, 2021

Half of UK businesses fear Brexit disruption on finances
Half of all UK finance leaders say they are concerned by the potential disruption caused by new international trade agreements and Brexit laws, a new survey...
September 23rd, 2021

Specialist lender Together hires property development expert
Together, one of the UK’s leading specialist lenders, has today announced the appointment of experienced property professional Chris Taylor to drive its...
September 22nd, 2021

John Kane to head up CICM commercial development Programme
John Kane MCICM, Head of Strategic Partnerships at The Chartered Institute of Credit Management (CICM), will head up the new development partnership programme,...
September 22nd, 2021

MarketFinance in pole position as it raises £280m and is approved for Recovery Loan Scheme lending
Fintech business lender MarketFinance has today announced a £280m debt and equity fundraise and its accreditation under the Recovery Loan Scheme (RLS). This...
September 21st, 2021

Payment service providers become the allies of the new breed of online businesses
New research launched today at Money20/20 by embedded finance provider, YouLend, highlights the shift in how SMEs that trade online are accessing the funding...
September 21st, 2021

United Trust Bank provides 70% LTGDV funding for £5m development via its Housing Accelerator Fund
United Trust Bank (UTB) has agreed to fund the £5m regeneration of a city centre brownfield site being completed by successful regional house builder Factory...
September 21st, 2021

Aldermore provides £16m commercial refinance loan for student accommodation in Liverpool and Nottingham
Aldermore bank has provided a £16m, ten-year, interest only Commercial Residential Investment refinance loan to existing client Kexgill Nottingham Limited, a...
September 21st, 2021

Hope Capital unveils new appointment
Following on from the announcement in August that specialist short-term lender, Hope Capital, had bolstered its underwriting team with the recruitment of Helen...
September 21st, 2021

Fewer UK sectors grow as staff shortages bite
The number of UK sectors reporting output growth fell to a six-month low in August, as the impact of labour shortages intensified, according to the latest...
September 21st, 2021

iwoca and mmob Partner to enable Banks to Respond to SME Demand for Post-Pandemic Credit
Open finance partnership platform, mmob, has today announced the addition of one of Europe’s largest small business lenders, iwoca, to its growing network of...
September 20th, 2021

Brexit fallout and supply chain issues put new timetable at risk – MHA comments
Following the UK government delaying border checks on goods coming from the EU until January 2022, Andrew Thurston, Customs Duty Consultant at MHA, thinks the...
September 17th, 2021

And the winner is… specialist lender welcomes BATFA-winning TV producers
Finance chiefs at a Greater Manchester lender rolled out the red carpet for BAFTA-winning producers of hit TV show, The Great House Giveaway. Sioned Wynn, of...
September 17th, 2021

Shoppers and shops stymied by shortages (ONS)
6.5% of retail businesses couldn’t get the materials, goods or services they needed from within the UK in mid-August. Department stores suffered the most at...
September 17th, 2021

FICO UK Credit Market Report July 2021: Pandemic Savings Mask Picture of Debt
Global analytics software provider FICO today released its analysis of UK card trends for July 2021, which reveals that there was an uplift in missed payment...
September 17th, 2021

Nucleus Commercial Finance hits £2bn lending milestone
Nucleus Commercial Finance, the fintech revolutionising how UK SMEs access finance, has today announced that it has reached £2 billion in lending to SMEs....
September 16th, 2021

Technology helps three in four small businesses to become more efficient
New research from Hitachi Capital Business Finance reveals that more than three quarters of small businesses across the UK (76%) have used technology in the...
September 16th, 2021

First 4 Bridging appoints Key Account Manager and bolsters underwriting team
First 4 Bridging (F4B) has announced the appointment of Drena Gashi as a Key Account Manager to cover London and the surrounding areas, plus the addition of...
September 16th, 2021

United Trust Bank Bridging team appoints Head of Sales and announces new BDM hire
United Trust Bank (UTB) is continuing to develop its Bridging finance sales team with the promotion of Owen Bentley to Head of Sales and the appointment of...
September 15th, 2021

The opportunities and risks in the Vietnamese market
Vietnam will remain attractive as an export market despite short-term risks from a new wave of coronavirus cases, reports trade credit insurer Atradius. The...
September 15th, 2021

New option cements Pertemps financial strength
Pertemps Network Group (PNG) has signed a new invoice finance facility of up to £100 million to help promote growth over the coming years. The new agreement...
September 15th, 2021

MotoNovo Finance MD Joins the Automotive 30% Club
MotoNovo Finance MD Karl Werner is the latest business leader to join the Automotive 30% Club the voluntary network of MDs and CEOs from UK based automotive...
September 13th, 2021

Asset finance market grew by 3% in July 2021
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...
September 11th, 2021

SME confidence on the rise as projected investment in their business more than doubles in six months
New research from Aldermore bank shows small and medium-sized enterprises (SMEs) are more confident in growing their business since lockdown restrictions have...
September 8th, 2021

Reward Finance Group breaks through £100m lending milestone as it plans further growth
Reward Finance Group has broken through the £100m loan book milestone for the first time, keeping it on track to record its eleventh year of continuous...
September 8th, 2021

Optimum Finance bolsters its presence in the Midlands with a new hire
Optimum Finance welcomes Ewan Clarke as Regional Director for the Midlands. Ewan joins the company with a background in both insolvency and corporate finance....
September 8th, 2021

Majority of self-employed received no Government support
The majority of self-employed people in the UK have received no Government support to help them through the pandemic but they’ve still managed to pay all of...
September 8th, 2021

Nucleus Commercial Finance accredited to offer RLS term loans
Nucleus Commercial Finance, the fintech revolutionising how UK SMEs access finance, has been accredited by the British Business Bank under the...
September 8th, 2021

African free-trade agreement will accelerate long-term growth and boost exports
The new African free-trade agreement has created opportunities for businesses but short-term challenges must be overcome, according to a new report by leading...
September 8th, 2021

Trade Ledger supercharges business loan approval speeds, delivering 90% reduction in ‘time to yes’ in ScotPac asset finance pilot
Global digital lending platform innovator, Trade Ledger, has joined forces with ScotPac, Australia and New Zealand’s largest non-bank SME lender, to create a...
September 7th, 2021

Recognise Bank announces new Head of Credit
Gavin Keyte has been appointed Head of Credit at Recognise Bank, the new SME bank and business lender. He joins from Allica Bank, where he was Head of Credit,...
September 7th, 2021

Aldermore launches new invoice finance product
Aldermore has recently launched Receivables Finance, a new invoice finance product designed to support the growth ambitions of the UK’s small and...
September 2nd, 2021

Hope Capital sponsors UFC newcomer, Paddy the Baddy
Liverpool-based specialist short-term lender, Hope Capital, has announced it is sponsoring local fighter, Paddy the Baddy, ahead of his debut UFC fight in Las...
September 2nd, 2021

First 4 Bridging to host triple-header of specialist lending seminars
First 4 Bridging (F4B) has announced that it is hosting a triple-header of specialist lending seminars across the country. These will be held in conjunction...
September 1st, 2021

Post-COVID business confidence remains strong as SMEs consider their options for future funding
Business confidence remains high among the UK’s SMEs as they continue to recover from the impact of COVID, according to new research by Recognise Bank....
August 31st, 2021

Scottish Government-backed Debt Advice Guide launched to support Scots in financial difficulty
StepChange Debt Charity Scotland, in partnership with the Scottish Government, has today launched the Scotland Debt Guide, a handbook designed to help improve...
August 31st, 2021

Global supply chains integral to competitive Britain despite disruption
British businesses have become more dependent on global suppliers from outside Europe post-Brexit, while nearshoring is not yet taking off despite the UK...
August 31st, 2021

Bibby Financial Services appoints Derek Ryan as UK Managing Director
The UK’s largest independent invoice financier, Bibby Financial Services (BFS), has announced the appointment of Derek Ryan as Managing Director to boost its...
August 27th, 2021

Hospitality and consultancy industries lead the UK’s push for a post-pandemic economic boom
Research from Ezra, the leading provider of digital coaching, reveals which UK industries have proven themselves to be the most pandemic-proof in terms of...
August 26th, 2021

Liquid Link announces new director appointment
Liquid Link, finance arm of the Portsmouth-based Liquid Friday Group, have announced that they have expanded the board of directors with the appointment to...
August 26th, 2021

Lockdown widens investment gap between tech savvy small businesses and tech laggards
The growing gap between tech-savvy businesses and those struggling with technology has been accelerated by lockdown, with a huge difference in the average...
August 26th, 2021

Successful capital raise marks major milestone for Recognise Bank
New SME bank, Recognise Bank, today announced a successful £14 million capital raise, including fresh investment from one of its existing shareholders. The...
August 24th, 2021

Atradius promotes Nicola Hinchliff to Northern Service Leader
Trade credit insurer Atradius has appointed Nicola Hinchliff to the role of service leader for its Northern Hub. Nicola first joined Atradius in 1997, starting...
August 23rd, 2021

Lloyds Bank Corporate & Institutional Coverage clients team makes leadership appointments
Lloyds Bank Commercial Banking has announced two additions to the senior leadership of its Corporate and Institutional Coverage (CIC) team, which supports...
August 20th, 2021

Aldermore supports journey to cleaner city
Aldermore bank has provided a £2.25 million asset finance facility to returning customer, NRG Fleet Services, a fully integrated fleet solutions provider. The...
August 20th, 2021

Revealed: Business communities that borrowed most during pandemic
More than £4bn of government-backed loans were provided to Scottish businesses during the coronavirus crisis, according to a new breakdown from the Federation...
August 20th, 2021

Rain stops pay: retail sales dampened in July
Retail sales volumes fell 2.5% between June and July, but were up 5.2% in the three months to July and are 5.8% above their pre-pandemic February 2020 levels....
August 20th, 2021

Comments on BVA BDRC SME Finance Monitor
Following the release of BVA BDRC’s Q2 SME Finance Monitor, Chirag Shah, CEO, Nucleus Commercial Finance said: “The last 18 months have presented...
August 19th, 2021

Staff shortages and rising input costs slow pace of UK economic growth
The number of UK sectors reporting output growth was not unanimous for the first time since March in July, as food and drink manufacturers wrestled with labour...
August 19th, 2021

Ampla Finance announces appointment of new CEO
Ampla Finance, the legal finance provider, has today announced the appointment of Richard Kennerley as its new CEO. Richard joins at a period of significant...
August 18th, 2021

The transport and storage sector has the highest number of closed businesses, causing ParcelHero to warn of an escalating crisis
The latest Office for National Statistics (ONS) Business Insights and Conditions Survey (BICS) reveals that the transportation and storage industry once again...
August 18th, 2021

Family restaurant emerges stronger following pandemic with help from Reward Finance Group
Ponti’s Restaurant, which has been run by the same family for nearly 50 years, has not only survived the pandemic but has come through it stronger than ever....
August 18th, 2021

Progress on the travel green list good news for up to 2.5 million small businesses looking for growth overseas
While much of the discussion on travel restrictions easing has been centred on the UK’s travel and holiday market, new research shows the enormous impact...
August 16th, 2021

Hodge welcomes new chief finance officer
Hodge has announced the appointment of Jan Preece as its chief financial officer to support the Bank’s growth. Jan previously held the role of finance...
August 16th, 2021

Aldermore provides £4.2m commercial refinance loan for 69 residential homes in Newcastle Upon Tyne
Aldermore bank has provided a £4.2m commercial residential refinance loan to returning customer, McIver Homes, an independent house builder and build-to-rent...
August 16th, 2021

‘Pingdemic’ and raw material shortages see SME turnover fall as freedom day recovery splutters
SME turnover dipped in July amid raw material shortages and ‘pingdemic’ related disruption, despite Covid-19 restrictions continuing to ease across the UK,...
August 13th, 2021

Air Group releases H1 2021 ‘Temperature Check’ of equity release provider service levels
Air Group, the leading later life services platform, has today announced its third half-year equity release provider ‘Temperature Check’ report focusing on...
August 13th, 2021

Enra Specialist Finance signs £500m Bridging Facility with J.P. Morgan
Enra Specialist Finance (“Enra”), one of the UK’s largest non-bank lenders has announced today that it has signed a new facility with J.P. Morgan to fund...
August 12th, 2021

Hope Capital drives forward growth plans appointing two new hires
Hope Capital has today announced it has further strengthened its underwriting team with the appointment of two new starters, Helen Hargreaves and Andrew Bate....
August 12th, 2021

Recognise adds further BDM to North West and Yorkshire team
Recognise Bank is continuing to develop its regional offering in the North West and Yorkshire with the appointment of a new Business Development Manager, Paul...
August 10th, 2021

Small businesses say home and hybrid working has more benefits than a return to the workplace
The Government may be encouraging people to return to work, but new research from Hitachi Capital Business Finance reveals that big and small businesses are...
August 10th, 2021

United Trust Bank funds £42m Kitewood development of 98 new homes near Whitstable, Kent
United Trust Bank (UTB) has agreed to fund the first phase of an exciting new development in Chestfield, Kent by successful regional house builders, Kitewood....
August 9th, 2021

Two thirds of SME leaders never to repay government covid support loans
Two thirds (66%) of SME leaders who received financial support from the Government’s Covid loan schemes, say it’s likely their business will default on the...
August 9th, 2021

Nucleus Commercial Finance hires business development manager as SMEs seek further financial support
Nucleus Commercial Finance, the fintech revolutionising how UK SMEs access finance, today announces that Sam Percival has joined as Business Development...
August 6th, 2021

Together revamps product range to meet customers’ ambitions
Specialist lender Together has made its lowest ever fixed-rate mortgages available to customers seeking finance for shared ownership and Right-to-Buy...
August 6th, 2021

Challenges undermining recovery in construction
Commenting on the latest UK Construction PMI stats, Fraser Johns, finance director at construction firm Beard, said: “It’s clear that the current...
August 5th, 2021

Majority of brokers say an economic bounce-back is most critical to their success for the rest of the year
More than half of brokers (55%) say an economic bounce-back and the avoidance of high unemployment is most critical to their business success for the rest of...
August 5th, 2021

Praetura Group boosts SME growth with launch of Praetura Invoice Finance division
Praetura Group, the North West-based debt and equity capital provider to SMEs, is expanding with the launch of a new financial division designed to unlock...
August 4th, 2021

Aldermore provides £3.4m commercial mortgage to Yorkshire-based family
Aldermore bank has provided Banwait Group Holdings Ltd with a £3.4 million commercial mortgage facility, to support their plans for growth as they work to...
August 4th, 2021

Comments on CBI SME Trends Survey
Following the CBI SME Trends Survey being published this morning, Chirag Shah, CEO, Nucleus Commercial Finance comments on the CBI SME Trends Survey: “It’s...
August 4th, 2021

Bibby Financial Services appoints Mike Day as Regional Head of Sales
SME partner Bibby Financial Services (BFS) has appointed Mike Day as Head of Sales for Yorkshire and the North East to boost its support for businesses in the...
August 3rd, 2021

Asset finance market grew by 39% in June 2021
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...
August 3rd, 2021

Bibby Financial Services sees strong client turnover growth as SMEs bounce back in 2021
International SME funder, Bibby Financial Services (BFS) has seen global client turnover grow by almost a third year-on-year as SMEs around the world start to...
July 30th, 2021

Aldermore provides block bridging facility to Manchester-based specialist lender
Aldermore bank has provided a multi-million pound block bridging facility to SDKA Ltd, which will provide the funding they need to continue to accelerate their...
July 27th, 2021

West One Bridging business performance up by a third on last year
West One Loans, one of the UK’s largest non-bank lenders, has published its short-term lending results for the first half of 2021 – revealing an...
July 27th, 2021

Hope Capital completes legal works on £2.25m bridging loan within hours
Hope Capital, with the help of other parties, recently worked collaboratively to secure a £2.25m bridging loan for a client who owned a residential terraced...
July 27th, 2021

Fleet Mortgages announce acquisition by Starling Bank
Fleet Mortgages, the buy-to-let specialist lender, has today announced the acquisition of the business by Starling Bank in a £50 million cash and share deal....
July 26th, 2021

Nucleus Commercial Finance enhances business cash advance to support more SMEs post-Freedom Day
Nucleus Commercial Finance, one of the UK’s leading fintech lenders, has today announced enhancements to its Business Cash Advance (BCA) to support more SMEs...
July 22nd, 2021

Impact Specialist Finance and Together complete Auction Finance bridge in 7 days to beat Stamp Duty Deadline
Impact Specialist Finance and Together teamed up in late June to deliver a customer’s auction funding within seven days to beat the June stamp duty deadline....
July 22nd, 2021

Finverity appoints Alex Collingwood as Head of Corporate Sales & Origination
Finverity, the award winning mid-market supply chain finance platform with a focus on emerging markets, today announces the appointment of Alex Collingwood as...
July 21st, 2021

Comment: Construction crisis from COVID pings
Commenting on the increasing numbers of construction workers having to isolate due to being pinged by the COVID app, Neil Sherreard, deputy chairman of Beard,...
July 21st, 2021

Hospitality output growth soars amid broader sectors slowdown
June saw the output of UK hospitality businesses grow at the fastest rate in nine years, as more consumers took advantage of lockdown-easing, according to the...
July 21st, 2021

Recognise Bank supports professional practice and healthcare sectors with new hires
Recognise Bank has signalled its intention to provide the best lending support to the UK’s small and medium-sized businesses by appointing two new industry...
July 20th, 2021

Fiduciam seals complex bridge loan in Belfast
Bridging and marketplace lender, Fiduciam, has completed a complex bridge loan in Northern Ireland in just six weeks. The loan was for a five-storey office...
July 20th, 2021

North-South divide exacerbated by Covid-19
Following Boris Johnson’s plans to level up the country, new research1 from Nucleus Commercial Finance reveals the scale of the challenge the government...
July 20th, 2021

Comment: Demand for construction workers close to 20-year high
Following the latest ONS figures finding demand for construction workers close to 20-year high with 33,000 job vacancies in the sector, Neil Sherreard, deputy...
July 16th, 2021

Foundation Home Loans Acquired by Athene Holding Ltd.
Agreements have signed for Foundation Home Loans to be acquired by an affiliate of Apollo Global Management, Inc., Athene Holding Ltd. The transaction remains...
July 16th, 2021

United Trust Bank appoints Louise McIntosh to new Asset Finance Head of Operations role
United Trust Bank (UTB) is continuing to develop its Asset Finance division with the appointment of Louise McIntosh in the newly created role of Head of...
July 15th, 2021

Alternative Bridging Corporation (ABC) partner with Nivo to transform their application processing
Alternative Bridging Corporation (ABC) has partnered with Fintech specialists Nivo to offer a quick, intuitive app based solution to make their application...
July 15th, 2021

Aldermore provides £4.6m loan for redevelopment of seaside hotel in Somerset
Aldermore bank has provided a £4.6 million property development loan to Refresh Property Group Limited, part of the wider group of companies comprising of...
July 15th, 2021

COVID-19 Financing Impact – One Size Will Not Fit All
With the so-called ‘Freedom Days’ looming large starting in England from July 19th across the UK, there can be no doubt that the impact of the pandemic...
July 15th, 2021

Confidence booming as Britain continues to open for business
Whilst the effect of Covid on the Savanta Business Confidence Index is stark – an immediate fall at Q2 2020 as Covid hit, followed by a rally in summer...
July 14th, 2021

British workers have picked up at least two new career driven rituals during lockdown
Additional time on people’s hands as a result of the pandemic has prompted the average British worker to pick up a range of good habits for their careers,...
July 14th, 2021

Together posts record monthly lending
Specialist lender Together today announced record monthly lending since the start of the first UK lockdown. The finance group, which provides commercial and...
July 14th, 2021

Recognise bolsters presence in the North West
Recognise Bank is reinforcing its presence in the North West with the appointment of three new Business Development Managers in the region. The move cements...
July 14th, 2021

Business leaders say UK’s ailing infrastructure is restricting return to growth – RSM The Real Economy Study
New research reveals that business leaders overwhelmingly believe the state of UK infrastructure is restricting economic growth nationally, locally and within...
July 13th, 2021

United Trust Bank funds £10.29m development in Bridlington by Ashcourt Group Ltd
United Trust Bank (UTB) is funding a development of 22 new homes in a stunning sea-front location in Bridlington, Yorkshire. The new £10.29m development will...
July 12th, 2021

Percentage of small businesses contracting hits record low
With the end of social restrictions and Government advice to work from home, new research from Hitachi Capital Business Finance reveals that the percentage of...
July 12th, 2021

Specialist lender Hodge joins Brickflow
Specialist development finance lender Hodge has become the latest to plug into Brickflow – the UK’s first search engine for development finance....
July 12th, 2021

Finance brokers bank on red flag alert to help beat fraud
The National Association of Commercial Finance Brokers (NACFB) has partnered with disruptive data analysts Red Flag Alert in a bid to help protect brokers and...
July 9th, 2021

Reward Finance Group launches presence in the Midlands with senior appointment
Alternative finance provider, Reward Finance Group, has launched its presence in the Midlands with the high-level appointment of Steph Brown as business...
July 8th, 2021

Hope Capital smashes goals in Q2
Hope Capital has achieved a number of company records, owing to an extremely successful quarter in business. The specialist short-term lender has today...
July 8th, 2021

Growing businesses almost twice as likely to be run by a tech-savvy leader
Growing businesses are led by leaders that know about – and regularly talk about – technology, according to new findings from Thoughtworks, a global...
July 7th, 2021

Hope Capital bolsters sales team
Hope Capital has announced a further boost to its sales team with the appointments of David Burford to support brokers throughout the South West of England and...
July 7th, 2021

Optimum Finance expands to better service SMEs and high growth businesses in the North
Optimum Finance welcomes yet another member to the team. Paul Green is the latest in a series of appointments as the invoice financier expands to better...
July 7th, 2021

UTB Structured Property Finance launches 75% LTV lending on Commercial & Mixed-Use Property
United Trust Bank (UTB) has begun offering up to 75% LTV on Commercial/Mixed lending supported by the Recovery Loan Scheme (RLS). Facilities of up to £10m are...
July 6th, 2021

Recognise Bank expands team to support growth plans
SME lender, Recognise Bank, has appointed three new Business Development Managers as it seeks to meet its ambitious growth plans across the UK. With a network...
July 6th, 2021

Experian supplies Decision Analytics solution for ethical banking platform Soar
Digital banking platform Soar will use Experian’s Decision Analytics solutions to support its work in the community banking market. The new partnership will...
July 6th, 2021

Asset finance market grew by 106% in May 2021
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...
July 5th, 2021

Together Announces Launch of Brooks Asset Backed Securitisation
Together Financial Services Limited (“Together” or the “Group”), one of the UK’s leading specialist mortgage and secured loan providers, is pleased...
July 5th, 2021

Selina Finance launches partnership with Pure Law
Selina Finance has partnered with Pure Law to deliver completions on its innovative overdraft-style second charge lending facilities. The partnership with Pure...
July 5th, 2021

Furlough figures plunge, but travel workers, older people and men remain vulnerable
The numbers on furlough fell 1.2 million in a month – to 2.4 million by the end of May. 30% of businesses had staff on furlough, down from 35% a month...
July 1st, 2021

Household spending tumbled 11% in the first quarter of 2021. Only e-commerce prevented an even greater collapse, says ParcelHero
New Government figures show household spending fell significantly in January-March this year, compared to the same period last year. The home delivery expert...
July 1st, 2021

Trade Ledger underpins ambitious expansion plans with new senior appointments
Trade Ledger, the global technology provider for the commercial banking and financial services industry, has announced three senior appointments, further...
June 30th, 2021

Begbies Traynor appoints personal insolvency manager in Scotland
Leading professional services firm Begbies Traynor has appointed personal insolvency specialist David Tannock as a manager based at its Glasgow office. With...
June 29th, 2021

Reward Finance Group simplifies lending product to benefit SMEs and introducers
Reward Finance Group has replaced its Invoice Finance Plus product with the aptly named ‘Asset Based Solutions’ in a bid to simplify its offering to SMEs....
June 28th, 2021

Hotel group receives £5m funding to safeguard thousands of jobs
Bibby Financial Services (BFS) has provided a £5m Invoice Discounting facility to HC Facility Management Ltd (HCFM), a leading provider of outsourced hotel...
June 28th, 2021

BuildLoan launches new self build products with Vernon Building Society
BuildLoan has created two new low rate, low fee products funded by Vernon Building Society. The discount rate products for self and custom build, renovations,...
June 28th, 2021

Nucleus Commercial Finance comments on FSB calling for increased Government support for SMEs
Following the news from the Federation of Small Business this morning that small firms need more help to bridge an 18-day gap as Covid limits continue but...
June 28th, 2021

Tapering furlough unlikely to widen the scope of job losses
In March 2021, the government announced that from 1 July 2021 the scheme would taper to 70% and then in August and September to 60%. It will then stop...
June 28th, 2021

Allica to lend additional £50 million in owner-occupied commercial mortgages at a limited edition reduced rate
Allica Bank has committed to lend an additional £50 million at a reduced margin of 3.5% during an 8-week promotion targeted at SMEs looking for owner-occupied...
June 28th, 2021

United Trust Bank continues to grow Asset Finance team with new BDM appointment
United Trust Bank (UTB) has appointed Kerry Stuart as a Business Development Manager as it continues to expand its Asset Finance division. Kerry has over 20...
June 25th, 2021

R3 launches free guide for company directors
Restructuring and insolvency trade body R3 has launched a free guide for company directors that explains how to spot signs of financial distress, the options...
June 24th, 2021

CICM appoints former 20th Century Fox exec to lead institute transformation
The Chartered Institute of Credit Management (CICM), the world’s largest professional credit management organisation, has appointed former 20th Century Fox...
June 24th, 2021

UK small businesses set out requirements for a return to the office – including bring the dog
Small businesses may be returning to the workplace but many want to re-create the home comforts that got them through a year of home-working during lockdown....
June 24th, 2021

Joanna Hill joins GFA Exchange Advisory Board
Joanna Hill, an influential powerhouse within the financial services sector, has recently joined the advisory board at GFA Exchange. Joanna brings a wealth of...
June 23rd, 2021

Fujitsu Launches Digital Trader Services to Reduce Post-Brexit Customs Complexity
Answering post-Brexit customs challenges, a Fujitsu-led consortium is today launching Digital Trader Services, a digital first solution which will offer UK...
June 23rd, 2021

Roz Cawood joins Hope Capital
Hope Capital has announced the appointment of Roz Cawood as Director of Sales. The recruitment of Roz is part of the company’s expansion strategy following...
June 22nd, 2021

Job market remains defiant in the week after Government postpones lifting of lockdown
On the day that lockdown restrictions were due to be lifted, the latest data from the UK’s leading independent job board, CV-Library, reveals that the job...
June 21st, 2021

Reward Finance Group achieves ten years of continuous growth
Despite the pandemic, alternative finance provider, Reward Finance Group, which has offices in Leeds and Manchester, has marked its milestone anniversary with...
June 21st, 2021

UK Leads Europe with £46M Card Fraud Loss Cut in 2020
In a year that presented fraudsters with new opportunities to exploit consumers, UK financial institutions continued to lead the charge across Europe in...
June 21st, 2021

UK recovery accelerates in May as tourism and recreation leads the way
Businesses that have borne the brunt of COVID-19 restrictions helped the UK’s economic recovery accelerate in May, according to the latest Lloyds Bank UK...
June 21st, 2021

Finance firm to sponsor second series of BAFTA-winning TV programme
Specialist lender Together has agreed a sponsorship deal for a second series of the BAFTA-winning national property renovation TV show, The Great House...
June 18th, 2021

Working from home has increased UK working hours by 22%, but at what expense?
Research from Ezra, the leading provider of digital coaching, has found that UK employees are working longer hours than ever thanks to remote working. However,...
June 18th, 2021

Aldermore provides £8.4m for ultra low carbon development in Sheffield
Aldermore bank has provided a £8.4 million development finance loan to Citu Group, a low carbon property developer which specialises in using modern methods...
June 17th, 2021

Paradigm appoint new Director of Membership
Paradigm Mortgage Services, the mortgage services proposition, has today announced the appointment of Richard Goppy in the new role of Director of Membership....
June 17th, 2021

Enterprise completes bridging loan in only five hours
Enterprise Finance, one of the industry’s most experienced specialist brokers, has completed a bridging loan in a rapid turnaround of just five hours. The...
June 17th, 2021

Just Cashflow offers Invoice Finance facilities with Optimum Finance
Just Cashflow will now be offering new and existing customers a full range of Invoice Finance facilities through a mutually beneficial relationship with...
June 15th, 2021

Delay to roadmap risks a dangerous detour for jobs
Early payroll estimates for May show the number of employees has risen for the sixth consecutive month, up 197,000, but it’s still down 553,000 from before...
June 15th, 2021

Just Mortgages launches new build training academy
Just Mortgages, one of the largest mortgage brokerages in the UK, has opened applications for its first training academy specifically dedicated to new build...
June 15th, 2021

Together successfully issues second commercial real estate MBS
Together Financial Services Limited (“Together” or the “Group”), one of the UK’s leading mortgage and specialist loan providers,...
June 11th, 2021

Cashflow Management with a Twist: Cashflow Essentials-The 7 C’s
ERS Consulting Services is pleased to announce that Mr. Eddy Sumar just finished his new workbook ‘Cashflow Management with a Twist: Cashflow Essentials-The...
June 11th, 2021

Fiduciam grows its graduate programme in 2021
Fiduciam will hire ten graduates this year in an expansion of its graduate programme, bringing more new talent into the bridging industry. This is an increase...
June 10th, 2021

Just Mortgages expands throughout Scotland
Leading broker firm, Just Mortgages, is expanding throughout Scotland. Since the start of the year, it has almost quadrupled the number of self-employed...
June 10th, 2021

CICM appoints new Head of Strategic Relationships
The Chartered Institute of Credit Management (CICM), the world’s largest professional credit management organisation, has appointed John Kane MCICM as its...
June 9th, 2021

Non-remote businesses to spend £23bn on COVID regulation this year
While there may be a glimmer of light at the end of the COVID tunnel for businesses in the UK, with vaccinations on the increase and signs of an economic...
June 9th, 2021

KM2 Ethical Finance are delighted to welcome Amir Ali as an Independent Board Advisor
KM2 Ethical Finance Ltd (KM2) has appointed Amir Ali to its board to act as an independent advisor to the team. The company recognises the invaluable...
June 9th, 2021

Aldermore now accredited to offer Invoice Finance under Recovery Loan Scheme
Aldermore, the specialist bank, today confirms it is now an accredited lender under the Invoice Finance variant of the British Business Bank administered...
June 8th, 2021

Comments on today’s BDO Optimism Index
Following the release of BDO’s Business Optimism Index, Chirag Shah, CEO, Nucleus Commercial Finance said: “After a year filled with uncertainty,...
June 7th, 2021

Hope Capital undertakes a product revamp
Specialist short-term lender, Hope Capital has announced it has revamped a number of its bridging finance products to enhance its competitive offering. The...
June 7th, 2021

Together unveils lower commercial bridging rates
Together has cut rates, hiked LTVs and doubled maximum loan sizes in a refresh of its unregulated bridging products. The specialist lender has repriced its...
June 4th, 2021

First female CEO for Euler Hermes UK & Ireland
Euler Hermes, the world’s leading trade credit insurer, has appointed Sarah Murrow as CEO of its UK and Ireland business, with effect from 1 June and subject...
June 4th, 2021

Aldermore provides £1.3m commercial development development facility for drive-through units
Aldermore bank has provided a £1.3 million commercial development finance loan to Cookridge Estates LLP, the West Yorkshire property developer, to fund the...
June 3rd, 2021

Fiduciam loan enables Carbis Bay hotel to recommence trading in time for G7
Fiduciam has granted a £7.5 million loan to enable the Treloyhan Manor Hotel in Carbis Bay to resume trading in advance of the G7 and be extensively upgraded....
June 3rd, 2021

28% business leaders are unaware of the Help to Grow Scheme launching in June
With the Government’s Help to Grow scheme launching this month, Nucleus Commercial Finance CEO Chirag Shah commented on the lack of awareness of the new...
June 3rd, 2021

United Trust Bank launches Broker Summer Support Package 2021 with Max. 85% LTV mortgages & new document upload technology
United Trust Bank (UTB) has launched its Broker Summer Support Package 2021 – #BSSP21 – with a return to maximum 85% LTV lending on all its first and...
June 2nd, 2021

The property market pockets driving price growth in each county
Research from national UK estate agent, Keller Williams UK, has revealed which areas of the property market in England are currently Best in Show, when it...
June 1st, 2021

Fleet Mortgages appoints new Key Account Manager
Fleet Mortgages, the buy-to-let specialist lender, has today announced the appointment of a new Key Account Manager. Wes Regis joins with immediate effect and...
June 1st, 2021

SME developer boom pushes Shawbrook past £1bn lending milestone
Shawbrook Bank, the UK’s leading specialist lender, doubled the number of loans it made to property developers in the 12 months to April, reaching its target...
June 1st, 2021

SME financial support needed if UK lockdown restrictions stay
With uncertainty around the government’s roadmap and easing of lockdown on June 21st, businesses have called for the government to bring forward a fresh...
May 27th, 2021

Allica Bank appoints new Relationship Manager to bolster asset financing offering
Matt Ellery has joined Allica Bank as a relationship manager to boost its fast-growing asset finance division in the South East and Midlands. He will sit on...
May 27th, 2021

Bibby Financial Services announces new hires to boost SME funding in North of England
SME funder, Bibby Financial Services (BFS), has announced two new hires to grow its support for regional businesses throughout the North East and Yorkshire as...
May 27th, 2021

Together hires new BDM in South Wales as it bolsters its intermediary sales team
Experienced business development manager Michelle Walsh has returned to Together to drive the specialist finance provider’s growth in South Wales. Michelle,...
May 27th, 2021

Atradius comments on end of Government Reinsurance Scheme
“The Government was fast to recognise the essential role trade credit insurance plays in enabling trade, protecting businesses from the risk of...
May 27th, 2021

Chile open to international trade as economy rebounds
A robust economic rebound is expected for Chile in 2021 with a recovery of overseas imports, reports trade credit insurer Atradius. Businesses trading with...
May 27th, 2021

First 4 Bridging partners with Nivo
First 4 Bridging (F4B) has partnered with Nivo to deliver a secure instant messaging and document gathering service for its growing number of intermediary...
May 26th, 2021

New Government report shows steep fall in trade – with Brexit having a bigger impact than Covid
Today’s ONS report looking at the combined impact of Covid and Brexit shows trade with EU countries has declined 23.1%. The report also reveals Brexit...
May 26th, 2021

G20 merchandise trade reaches record high in first quarter of 2021
Continuing the recovery initiated in the third quarter of 2020, international merchandise trade for the G20 reached record levels in Q1 2021, as measured in...
May 25th, 2021

Presentation and report of the Fast Track Business Activation Mechanism
Nicosia, Cyprus – Antoun Massaad the CEO of Limassol based Cedar Rose was invited to speak at the press conference organised by the Ministry of Energy,...
May 24th, 2021

Optimum Finance appoints Vicky Williams as new CFO
Specialist SME invoice finance company Optimum Finance has recruited Vicky Williams as Chief Financial Officer. Following the appointment of CTO Gordon...
May 24th, 2021

PSR seeks views on next stages to deliver Confirmation of Payee by all banks
Today, the PSR has published its call for views on the second phase of delivering Confirmation of Payee (CoP), which is a name-checking service designed to...
May 21st, 2021

The High Street fights back: strong April store sales hit e-commerce hard
In the latest round of the fight between the High Street and online sales, in-store sales dealt e-commerce a body blow, says the home delivery expert...
May 21st, 2021

Together Financial Services Limited – Q3 Results
Together Financial Services Limited (‘Together’ or ‘the Group’), one of the UK’s leading specialist mortgage and secured loan providers, is pleased...
May 21st, 2021

Small businesses bounce back but concerns remain for Covid having a long economic tail
Excitement may be ramping up due to reduced social restrictions this week, but the long-term impact of COVID is the biggest worry for small business owners for...
May 19th, 2021

Impact Specialist Finance appointed by Mojo Mortgages as a referral partner for complex customers
Impact Specialist Finance has been appointed by Mojo Mortgages as a referral partner for customers with a complex scenario or poor credit history. This...
May 19th, 2021

Evolution Money celebrates 10th Anniversary
Evolution Money, the second-charge lending specialist, has today celebrated its 10th anniversary having lent well over £260 million to over 26,500 customers...
May 18th, 2021

Less family time, commuting & Covid – The mental health fears for those returning to work
Research from Ezra, the leading provider of digital coaching, has revealed that a quarter of UK office workers believe a return to the physical workplace may...
May 18th, 2021

Shawbrook Group plc – Q1 2021 trading update
Shawbrook Group plc (‘the Group’) today issues its trading update for the three months ended 31 March 2021. Highlights: Strong financial and resilient...
May 17th, 2021

Aldermore provides £750,000 construction finance facility to support growth of Leicester-based family business
Aldermore bank has provided a £750,000 Construction Finance facility to NP Services Ltd, a family run metal fabrication specialist. Based in Leicester, the...
May 17th, 2021

Kidbrooke partners with additiv to meet growing demand for financial health and pension planning tools
Kidbrooke, a leading provider of financial analytics APIs, confirmed today that they are making their range of holistic financial planning and analytics...
May 17th, 2021

Almost a third of SME leaders optimistic about restrictions lifting in June, but fearful of future lockdowns
As we enter the next phase out of lockdown, research from Nucleus Commercial Finance reveals nearly a third (31%) of SME leaders are optimistic about all...
May 17th, 2021

Indonesia: UK exporters must be in it for the long-term says Atradius
Businesses wanting to establish trade links with Indonesia need to be forward thinking, advises trade credit insurer Atradius. As the largest economy in...
May 14th, 2021

LiveDesk named Remote Team Communication & Collaboration innovation of the year
Homeworking specialist Sensée is delighted to announce that its LiveDesk™ Digital Workplace Creation Tool was named Remote Team Communication &...
May 14th, 2021

Mann Island Finance Lending Hits £1Bn
Mann Island Finance celebrated a significant milestone on May 13th when its total financing activity passed the £1Bn mark. It was an impressive number and...
May 14th, 2021

Business Confidence increases significantly with the successful vaccine rollout and a clear roadmap out of lockdown
The effect of Covid on the Savanta Business Confidence Index is clear to see. Confidence had rallied at Q1 2020 following the general election, plummeted with...
May 13th, 2021

A bumper month for construction contract awards as the total value reaches £9.1 billion
In April 2021, contract awards increased by 58% compared to March to £9.1 billion. This level of activity was last seen in January 2020. The latest edition of...
May 13th, 2021

City centres hotels must ‘pivot to prosper’ says RSM
City centre hotels must change their route to market to help secure a greater share of pent-up demand says RSM. The predicted sustained increase in consumer...
May 13th, 2021

Furlough figures underscore challenge for MSPs
More than 300,000 jobs were supported through the Coronavirus Job Retention Scheme in the spring, according to official figures published last week and...
May 13th, 2021

Allica Bank expands broker distribution team and increases commercial mortgage and asset finance maximum loan size
Allica Bank has appointed three Business Development Managers to further drive its broker distribution channel. The appointments coincide with a decision to...
May 12th, 2021

Together hires new regional development manager in broker team shake-up
Specialist lender Together has hired a highly-experienced industry professional as a regional account manager for the North. Gary Lomax, who has worked in...
May 12th, 2021

eBay moves into finance to help small businesses in Covid cashflow crisis
eBay UK today announces a landmark new finance program, Capital for eBay Business Sellers (CEBS), to help small businesses rebuild by delivering much-needed...
May 12th, 2021

‘Scexit’: the free flow of goods at Scottish borders is vital in any independence planning
The Scottish Nationalist Party’s (SNP) victory in the Scottish Parliamentary elections could pave the way for a second referendum, as pro-independence...
May 11th, 2021

MCI appoints UTB to its lender panel
Continuing to build up the specialist lenders on its panel, MCI Mortgage Club has brought on board United Trust Bank. UTB lends on first and second charge...
May 11th, 2021

Specialist lender Together appoints chief operating officer
A banking heavyweight with more than three decades’ financial services experience has joined specialist lender Together. Darren Clarke has been appointed the...
May 10th, 2021

Hodge announces two new appointments to bolster its support for brokers
Hodge has announced the appointment of two new telephony business development managers, Cara Thompson and Alan Crawley, reinforcing its ongoing commitment to...
May 10th, 2021

New alternative lender Blazehill Capital announces first new hire
New alternative lender Blazehill Capital is pleased to announce the appointment of Jake Hyman as Business Development Director, signalling its commitment to...
May 10th, 2021

1.4 million SME leaders unaware of how new government support measures could help their business
As SMEs prepare for the next easing of lockdown restrictions, business owners across the country are still looking to the government for further support....
May 10th, 2021

Asset finance market grew by 15% in March 2021
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...
May 10th, 2021

CHL Mortgages confirms National Accounts Manager and BDM team
Following last week’s announcement of their return to lending as an intermediary-only specialist buy-to-let lender, CHL Mortgages has confirmed appointment...
May 10th, 2021

Forums International Welcomes a New Ambassador to the Team
Forums International is delighted to welcome Jon Swan to the team as our Ambassador and brings a wealth of experience to our membership as we continue to grow...
May 7th, 2021

UK importers are still reeling from increased Brexit costs and delays, warns ParcelHero
New Government figures released yesterday revealed many businesses are still overwhelmed by the impact of Brexit. Over 39% of importers reported they are still...
May 7th, 2021

Specialist Mortgage Group appoint new Head of Y3S Bridging & Commercial
Specialist Mortgage Group (SMG), the group of packaging firms committed to specialist finance, has today announced it has appointed a new Head of its Y3S...
May 7th, 2021

UK SMEs to invest an average of £150,000 as post lockdown optimism grows
The UK government’s plans to ease lockdown restrictions have seen a surge in optimism from SMEs, according to the latest Covid-19 Pulse survey from business...
May 7th, 2021

Furlough figures fall by half a million as the doors open again
The numbers on furlough fell half a million – to 4.2 million by the end of March. They had risen from 4 million in December to 4.9 million in January,...
May 6th, 2021

York automotive engineers gear up for growth and new jobs with £200k cash injection from Reward Finance Group
York-based specialist automotive engineers, ProSpeed, is to create six new jobs and plans are now in place to double the size of the 15-strong workforce over...
May 6th, 2021

Foundation Home Loans cut fees on Limited Edition Limited Company products
Foundation Home Loans, the intermediary-only specialist lender, has today cut the product fees on three of its Limited Edition Limited Company buy-to-let...
May 5th, 2021

Trading report provides insight into Turkish market
A trading report giving insights into the Turkish market has been published by leading trade credit insurer Atradius. The Turkey Country Report analyses the...
May 4th, 2021

Swishfund will offset ten tons of carbon for every new customer
Swishfund will offset ten tons of carbon for every new customer from 1 May 2021, announced the alternative lender today at Fintech North’s conference on...
April 29th, 2021

Research Reveals UK SMEs Beset By An Average Of £130,000 In Late Payments
Despite all lockdown restrictions lifting on 21st June, the number of delayed invoices owed to small businesses in the last 12 months – which, on average,...
April 29th, 2021

United Trust Bank seeks new Asset Finance Head of Sales as Keith Sangwin announces his retirement
United Trust Bank (UTB) has begun the search for a new Head of Sales for its Asset Finance division following Keith Sangwin’s decision to retire at the end...
April 28th, 2021

United Trust Bank provides £5.3m funding to Apex Capital Partners for South London site assembly plan
United Trust Bank (UTB) has financed the acquisition of two light industrial premises as part of a site assembly plan by Apex Capital Partners which could lead...
April 27th, 2021

Commercial aerospace sector faces immediate uncertainty following pandemic but expected to recover strongly
The global impact of the COVID pandemic has been dramatically felt by the global aerospace sector, which almost overnight suffered a catastrophic collapse in...
April 27th, 2021

Fiduciam completes €10m loan for Barcelona development during COVID-19
Fiduciam, the short-term and marketplace lender, has completed a €10million loan to enable a developer to refinance its banking debt and fund the balance of...
April 27th, 2021

Fleet Mortgages’ Q1 2021 Rental Barometer shows strong quarterly growth
Fleet Mortgages, the buy-to-let specialist lender, has today launched the fifth iteration of its Buy-to-Let Rental Barometer covering Q1 2021 rental yields...
April 27th, 2021

UK businesses forced to furlough accounts payable staff during lockdown
41% of UK Finance decision makers have had to place accounts payable staff on furlough in at least one of the lockdowns over the past 12 months, according to a...
April 27th, 2021

Together funds Fluent Money’s first ever bridging loan
Together has provided finance for Fluent Money Group’s first short-term loan following its launch into the bridging market. The established specialist broker...
April 26th, 2021

Birmingham based medical group receives £900,000 funding to support growth
Bibby Financial Services (BFS) has provided a £900,000 Trade Finance and Invoice Finance facility to Henly Arthur Ltd, a member of V2M Healthcare Group. Henly...
April 26th, 2021

Will High Street stores turn to the dark side to survive their battle with e-commerce?
A new study by the home delivery expert ParcelHero reveals the store of tomorrow might replace shoppers with robots and stock with digital screens. The...
April 26th, 2021

Help to Build will be a huge boost for self build sector, says BuildLoan
BuildLoan welcomes the Government’s announcement on the Help to Build scheme as it offers wider opportunities for people to build or customise their own...
April 26th, 2021

Blazehill Capital launches to provide credit and working capital funding to UK mid-market businesses
Today, 26 April 2021, marks the launch of Blazehill Capital, a new alternative lender focusing on providing credit and critical working capital funding to...
April 26th, 2021

SME leaders hopeful of making up lost revenue caused by Covid-19 within a year
SME leaders believe it will take on average 12 months for their businesses to make up for lost revenue caused by the COVID-19 pandemic, according to research...
April 26th, 2021

Scottish business optimism rises as wider economy re-opens
Confidence is rising among Scotland’s local and independent firms, according to new research from the Federation of Small Businesses (FSB). As retail and...
April 26th, 2021

Lockdown versus lockdown: online sales rocketed 62% this March over lockdown March 2020
Despite the temptations of an imminent return to shopping in ‘real’ stores, March online sales still boomed 0.6% against February’s sales and over 60%...
April 23rd, 2021

Foundation Home Loans launch new 90% LTV residential products
Foundation Home Loans, the intermediary-only specialist lender, has today launched a new suite of residential products. The new F1 product range includes new...
April 23rd, 2021

Nucleus Commercial Finance enhances business growth loans to support more SMEs
Nucleus Commercial Finance, one of the UK’s leading fintech lenders, has today announced enhancements to its Business Growth Loans, helping to support more...
April 22nd, 2021

New offices and new jobs announced as Reward Finance Group breaks another record
Reward Finance Group delivered its strongest ever new business performance in March, resulting in it breaking through the £90m lending milestone for the first...
April 21st, 2021

Hope Capital comments on HMRC Property Transaction figures
Commenting on the HMRC transaction figures, Jonathan Sealey, CEO at Hope Capital said: “The figures from HMRC this morning are remarkable even when you take...
April 21st, 2021

Avetta enhances and speeds legal risk compliance for suppliers through new eSignature service
Avetta announced today it is now offering legal risk compliance with its eSignature service so suppliers have a legal way to digitally and remotely sign...
April 21st, 2021

UK recovery accelerates as number of sector in growth mode hits six-month high
The number of UK sectors reporting output growth rose to a six-month high in March, according to the latest Lloyds Bank UK Recovery Tracker, as businesses...
April 21st, 2021

United Trust Bank appoints Paul De Croos as Head of Originations – Property Development
United Trust Bank (UTB) has appointed Paul De Croos as Head of Originations – Property Development. Paul, who joins UTB from the Bank of London and the...
April 20th, 2021

YouGov poll reveals one in five SMEs have changed recruitment plans as a result of successful vaccine rollout
New research has revealed that nearly a fifth (19%) of SMEs in the UK are planning to recruit more staff for new roles following the UK’s successful vaccine...
April 20th, 2021

First 4 Bridging partners with Roma Finance for semi-exclusive bridging loan
First 4 Bridging (F4B) has partnered with Roma Finance to offer its introducers and intermediary partners access to a semi-exclusive bridging loan. Rates start...
April 20th, 2021

Bibby Financial Services launches £300m pandemic recovery fund to support UK SMEs
International SME funder, Bibby Financial Services (BFS), has announced a £300m Pandemic Recovery Fund to support SMEs as lockdown restrictions are lifted...
April 19th, 2021

Shawbrook Bank – FY20 results
Shawbrook Bank, (“the bank”) said it was ideally positioned to continue supporting customers through the economic recovery after posting a “resilient and...
April 16th, 2021

Fleet Mortgages announce range of criteria changes
Fleet Mortgages, the buy-to-let specialist lender, has today announced a range of criteria changes which will be introduced with immediate effect. The criteria...
April 16th, 2021

Finverity pinpoints 3 key drivers for supply chain finance as an asset class
The collapse of Greensill, the financial services company backed by Softbank, has drawn worldwide attention to the supply chain finance sector whilst...
April 16th, 2021

Positive signs for the travel sector as hotel & flight searches increases for the first time in 2021
Research by Butter, the UK’s only Buy Now Pay Later (BNPL) travel agency, has found that UK holidaymakers are starting to ramp up the search for some summer...
April 15th, 2021

High streets banks struggle to retain consumer trust in an increasingly digital world
More than eight in ten (81%) Brits claim trust is the deciding factor on their purchasing journey, yet more than three quarters (76%) admit they lack trust in...
April 15th, 2021

Fintern raises £32m to expand access to affordable loans in the UK
On the back of their public launch in March, London-based startup Fintern has announced that it has raised £32m in equity and debt funding. The equity funding...
April 15th, 2021

New survey paints positive picture of Employee Engagement during lockdown
Throughout lockdown, business leaders have debated the tricky issue of how best to engage and support their people while working from home. However, according...
April 14th, 2021

UK exports tumble -18.3% as ParcelHero warns that non-EU countries won’t fill the Brexit void
The official UK trade figures for February make grim reading for Britain’s manufacturers and retailers, says the international delivery expert ParcelHero....
April 14th, 2021

Foundation Home Loans adds ‘Green Reward’ remortgage to residential range
Foundation Home Loans, the intermediary-only specialist lender, has today launched a ‘Green Reward’ remortgage as part of its residential range. The...
April 14th, 2021

Homeowners not worried about market cliff edge, but won’t sell if house prices dip
The latest research by homebuying platform, Yes Homebuyers, has found that homeowners aren’t worried about the potential cliff edge facing the UK property...
April 14th, 2021

Landbay increases flexibility and lowers rates
Buy-to-let lender Landbay is adapting its market leading product range to add flexibility for intermediaries and their clients. The award-winning lender is...
April 14th, 2021

ONS post-Brexit trading stats: expert comment
The ONS have released the UK’s trading statistics for Februrary, revealing a 12% year-on-year decline in UK exports to the EU, although there was a 20%...
April 13th, 2021

CIBA appoint Antoun Massaad as Executive Committee Member
The Cyprus International Businesses Association has announced the appointment of Antoun Massaad the CEO of global business intelligence company Cedar Rose. He...
April 13th, 2021

Small business growth forecasts hit two-year high
Small business growth forecasts have finally returned to pre-Covid levels – with London, the South East and Yorkshire driving resurgent small business...
April 12th, 2021

Quarter of SME leaders optimistic about reopening their business, but many report anxiety and stress
As businesses reopen their doors today, research from Nucleus Commercial Finance today reveals a quarter (25%) of SME leaders feel optimistic about reopening...
April 12th, 2021

Capital raising key for clients – latest Knowledge Bank Tracker results reveal
New research from criteria search specialist Knowledge Bank shows that homeowners are utilising second charge mortgages to raise money to invest in buy-to-let...
April 12th, 2021

United Trust Bank appoints Jon Mote to new Specialist Business Development role in Asset Finance
United Trust Bank (UTB) has appointed Jon Mote as the Head of Specialist Business Development – Asset Finance in a further move to develop its presence in...
April 12th, 2021

Asset finance market grew by 1% in February 2021
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...
April 9th, 2021

Together provides nine-hour commercial bridge secures client’s office investment
Together and First 4 Bridging joined forces to deliver a £400,000 commercial bridging loan in just nine working hours to help an investor expand his...
April 9th, 2021

Hanley Economic BS celebrates national workplace award
Hanley Economic Building Society has been recognised as one of the UK’s Best Small Companies to work for in 2021. The Society gained a 3-star accreditation,...
April 9th, 2021

United Trust Bank funds £6.7m development in Cumbria by Genesis Homes
United Trust Bank (UTB) is funding a development of 25 family homes on the edge of the Lake District National Park. The development, situated in the Cumbrian...
April 8th, 2021

Nexus Global reveals that business confidence in the UK has risen by 9.7% since last year
Nexus Global reveals that Business confidence in the UK has risen by 9.7% since last year (May 2020). UK businesses are most assured about the overall health...
April 8th, 2021

Covid crisis makes self-employment less attractive, warn firms
Three fifths of business owners in Scotland say that the covid crisis has made self-employment less attractive, according to a new study of Scotland’s...
April 8th, 2021

Aryza Lending Solutions Provides Over 200 Lenders with Access to the Vulnerability Registration Service
Aryza Lending Solutions, part of the Aryza Group has become the latest organisation to join the Vulnerability Registration Service (VRS) as a member to help...
April 6th, 2021

Childhood dream becomes reality for leisure operator following £300,000 investment from Reward Finance Group
Carol Gerrard-Hughes has realised a childhood dream by investing £300,000 to improve the Forest View pub and caravan site in Oakmere, Northwich using a...
April 6th, 2021

Joint Administrators of H M Project Developments Ltd (In Administration) (“HMPD”) announce major environmental restoration project
Benjamin Wiles and Steven Muncaster of Duff & Phelps Ltd. were appointed Joint Administrators of H M Project Developments Ltd (“HMPD”) on 30 April...
April 6th, 2021

United Trust Bank and Aprao team up to promote the benefits of ‘PropTech’ solutions
United Trust Bank (UTB) and PropTech provider Aprao have announced a collaborative relationship to promote the benefits of digital solutions in the development...
March 31st, 2021

Founding Directors depart Y3S Bridging & Commercial as Specialist Mortgage Group acquire full share capital
Specialist Mortgage Group (SMG), the group of packaging firms committed to specialist finance, has today announced it has acquired the full share capital from...
March 30th, 2021

Suez is not the only block to global trade
“The Suez canal disruption has the potential to cost the world economy up to $10bn in lost trade for each week that the Ever Given blocks the canal, adding...
March 29th, 2021

Retail’s 2.2% sales rise is ‘dead cat bounce’, says ParcelHero
Figures released today by the Office for National Statistics (ONS) show a slight rise of 2.2% in the value of retail sales against last month (February). This...
March 29th, 2021

ICTF announces the establishment of a new Pharmaceutical, Healthcare Products & Medical Equipment International Credit Group
The general purpose of the Group will be to exchange and discuss, during regular meetings, relevant historical credit information and credit management...
March 25th, 2021

Allica Bank appoints four new relationship managers to boost broker support and drive new lending
Allica Bank has made four appointments to its award-winning Business Relationship Manager team to further strengthen its operational capacity in commercial...
March 25th, 2021

Trading company and high rise buy-to-let now available at Landbay
Specialist lender Landbay has launched a range of buy-to-let products for trading limited companies purchasing or remortgaging standard properties, HMOs and...
March 24th, 2021

Reward Finance Group named as one of the 50 fastest growing companies across Yorkshire
Reward Finance Group has capped its tenth anniversary by being included in a list of Yorkshire’s Fastest 50 Awards. The prestigious awards were established...
March 23rd, 2021

Global trade trends accelerated by pandemic: Atradius white paper
The pandemic has vastly accelerated the pace of change to global trade, according to experts in a new white paper from trade credit insurer Atradius. The new...
March 23rd, 2021

Inclusive female-led lender approves £4m to UK SMEs in 12 months of CBILS
A year since it was awarded CBILS lender status, responsible lender, AskIf, can now reveal it has approved close to £4m to deserving SMEs and microbusinesses,...
March 23rd, 2021

Light at the end of the tunnel: a third of SME leaders optimistic for year ahead
After facing the biggest challenges on record in the past 12 months, SME leaders believe there is light at the end of the tunnel, with a third optimistic about...
March 22nd, 2021

Global demand for UK technology drives recovery in February
The number of UK sectors reporting output growth doubled in February, led by a strong performance from technology equipment manufacturers, according to the...
March 22nd, 2021

UK House Building On Course For Record Numbers Having Shrugged Off Covid
Unsurprisingly, mid-2020 saw a sharp decline in house building with both starts and completions plummeting to well under 20,000 units in Q2 from the recent...
March 19th, 2021

Survey finds business leaders are optimistic about Brexit but fear it will impact resiliency of the supply chain
Avetta surveyed more than 120 business leaders and found they expect Brexit to have the biggest impact on the resiliency of the supply chain in the short term...
March 19th, 2021

Regional trade agreements under spotlight
The global pandemic has presented a stark reminder to businesses throughout the world of how political decisions can impact cash flow. Looking ahead through...
March 18th, 2021

Mann Island Finance Lending Hits £0.5Bn
Mann Island Finance has established itself as a mainstream lender over recent years and in the last eventful year has stepped up its lending activity, working...
March 18th, 2021

Major eco-homes development to take shape after £4m land deal
Pioneering property developer Citu has agreed a £4million land deal with specialist lender Together. Together has so far invested more than £25m into...
March 17th, 2021

Small firms cheer roadmap but warn of long recovery
First Minister Nicola Sturgeon today set out dates for the lifting of most coronavirus restrictions in Scotland, including those related to independent shops,...
March 17th, 2021

Just Mortgages trains brokers to build businesses
National broker firm Just Mortgages is conducting virtual training for its self-employed brokers to support them to grow their own businesses. These sessions...
March 17th, 2021

Covid debt putting 150,000 renters at risk of eviction, says StepChange
StepChange has today warned that 150,000 private renters are at risk of eviction when restrictions are lifted as a result of mounting covid-related rent debts....
March 17th, 2021

New business report on Mexico from Atradius
Trade credit insurer Atradius has published an overview of the impact of the pandemic on Mexico in a new trading report for businesses. As the 15th largest...
March 16th, 2021

Specialist lender Together completes £200m securitisation
Together, one of the UK’s leading specialist loan providers, has completed its first small balance commercial mortgage backed securitisation. The...
March 16th, 2021

Asset finance market fell by 16% in January 2021
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) fell...
March 15th, 2021

Comment ONS figures: “Green shoots of recovery starting to show”
Following the ONS figures – which found the construction industry grew by 0.9% in January – Fraser Johns, finance director at Beard, said: “These latest...
March 12th, 2021

BFS provides £2.5m funding facility to drive growth for haulage business
Independent SME funder, Bibby Financial Services (BFS), has provided a £2.5m funding facility to Brit-Pol Limited, a haulage specialist with a decade of...
March 11th, 2021

Britain getting on: Brits predict businesses will prosper as the UK starts life outside the EU
More than three fifths (62%) of people who originally voted to remain in the EU believe there will be favourable outcomes for British businesses following the...
March 11th, 2021

Comments on British Business Bank report on SME lending
A report by The British Business Bank on SME lending in 2020 shows that almost half (45%) of SMEs applied for external financial support in 2020, compared to...
March 10th, 2021

Fintech MarketFinance returns record start to the year as it reaches profitability
Fintech business lender MarketFinance has kicked off 2021 with a significant increase in lending volumes. Year to date, MarketFinance has deployed over £64m...
March 10th, 2021

Hitachi Capital Business Finance news: 50% of introvert bosses likely to keep aspects of home working post lockdown
A new study by Hitachi Capital Business Finance suggests that the majority of small businesses (less than 50 employees) in the UK are run by introverts, and...
March 9th, 2021

Brexit crisis escalates as EU threatens legal action and ParcelHero reveals £5.25bn e-commerce slump
Britain’s unilateral decision to shelve the next phase of Northern Ireland border checks has left the EU threatening legal action, while a new ParcelHero...
March 9th, 2021

United Trust Bank reports a 31% increase in new lending in 2020
United Trust Bank (UTB) has reported a 31% increase in new lending to £1.3bn in 2020, helping to drive Operating Profit to £44.1m1, a 35% increase on 2019....
March 9th, 2021

Two in ten Brits in favour of a cashless society
The argument for a cashless society has been around for a while, but the rapid rise of the Coronavirus crisis has intensified the debate again amid concerns...
March 9th, 2021

United Trust Bank makes five appointments to its Development Finance team
United Trust Bank (UTB) has made five appointments to its Development Finance team in response to increasing demand for property finance from house builders...
March 8th, 2021

Nucleus Commercial Finance launches post-CBILS product to support SMEs
Nucleus Commercial Finance, one of the UK’s leading fintech lenders, has today announced the launch of Business Growth Loans. This is the first product of...
March 8th, 2021

United Trust Bank opens the door to its new broker Zoom Room
United Trust Bank (UTB) has launched its new broker ‘Zoom Room’; A virtual meeting place for mortgage and property finance brokers to stay connected with...
March 5th, 2021

Landbay becomes Europe’s twelfth fastest growing company – as listed in FT1000 Fastest Growing Companies
Landbay, one of the UK’s leading buy-to-let lenders, has been classified as one of the fastest growing companies in Europe. It reached an astounding number...
March 5th, 2021

Zephyr Homeloans reduces rates on its five-year, fixed-rate, standard buy-to-let loans for a limited time
Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has reduced rates on its five-year, fixed-rate, standard buy-to-let loans for...
March 4th, 2021

Sunak’s give-and-take Budget won’t rescue retail or bail out business, fears ParcelHero
The unprecedented national debt created by the impact of the Covid pandemic means Chancellor Rishi Sunak could not produce the Budget to save many struggling...
March 3rd, 2021

FSB in Scotland on UK Budget
Chancellor Rishi Sunak has delivered his Budget for the next financial year, renewing and extending many measures designed to mitigate the economic impact of...
March 3rd, 2021

Chirag Shah, CEO, Nucleus Commercial Finance comments on today’s Budget – SME focus
Following the Chancellor’s announcement of an extension to the furlough scheme and an extension of business rate relief until the end of June, Chirag...
March 3rd, 2021

Research shows $14 trillion in global Covid fiscal measures have worked
Fiscal measures totaling $14 trillion around the world have proved effective in mitigating the pandemic’s economic effects, says a new paper from Cambridge...
March 3rd, 2021

Landbay launches new product range to cater for increasing number of new landlords
Landbay, one of the UK’s leading buy-to-let lenders, has today launched a new range of products dedicated to non-portfolio landlords looking to invest in...
March 3rd, 2021

Small businesses plan for growth but one in two fear the long tail of Covid
Schools may be going back and the UK may be bracing itself for the easing of Covid restrictions by 21 June, but the long tail of Covid is still causing the...
March 2nd, 2021

March 3rd budget: more government-funded business loans aren’t a sustainable long-term solution
Martin McCann, CEO of Trade Ledger, the global technology provider to the commercial banking and financial services industry, provides the following comment...
March 2nd, 2021

‘Happy holiday home’: five-day funding for stunning seaside cottage
A property investor seized the opportunity to buy the family seaside cottage where he spent his childhood holidays with a £557,000 short-term loan from...
March 1st, 2021

CPS urges Chancellor to help private sector drive recovery
As the Chancellor prepares for Wednesday’s Budget, his immediate priority is to continue to support the economy through the final stages of the pandemic....
March 1st, 2021

Landbay launches revolutionary buy-to-let calculator
Landbay, one of the UK’s leading buy-to-let lenders, has today launched an innovative buy-to-let calculator that is unique to each specific Landbay product...
March 1st, 2021

As talks fail to strike a Northern Ireland deal, customs chaos will only get worse, says ParcelHero
Delays and red tape on goods sent between the UK and Northern Ireland (NI) are set to increase significantly following the failure of a key UK-EU meeting, says...
February 26th, 2021

Optimum Finance scores ex-Microsoft Director as new CTO
Invoice finance firm Optimum Finance has appointed ex-Microsoft Global Director, Gordon McIntosh, as Chief Technical Officer furthering their specialism in the...
February 25th, 2021

Together Financial Services Limited – Q2 Results
Together Financial Services Limited (‘Together’ or ‘the Group’), one of the UK’s leading specialist mortgage and secured loan providers, announces...
February 25th, 2021

UK online shoppers outspend the world and won’t kick the habit when the High Street reopens in April
England’s eagerly awaited non-essential stores’ reopening date of 12 April may come too late to stop a permanent change in the way Brits shop, says the...
February 24th, 2021
Time to bounce back, 52% of SMEs in Europe relied on loans to survive pandemic
CapitalBox, the leading pan-European online lending platform for SMEs, today unveiled research that shows more than half of European SMEs relied on loans to...
February 24th, 2021

Work begins to breathe new life into historic mill with help from Reward Finance Group
A former flax mill in Cleator, near Whitehaven which played a significant role in the development of rights for women workers following a strike by the female...
February 23rd, 2021

Pandemic continues to disrupt rental plans for 76% of tenants
Research from the international rental marketplace, Spotahome, has found that the majority of UK tenants feel safe within the rental market, however, 76% have...
February 23rd, 2021

Lessons should be learned from Bounce Back Loan fraud, says SmartSearch
SmartSearch, the UK’s leading anti-money laundering (AML) solution provider, has called on lenders, brokers and conveyancers to learn the lessons from the...
February 23rd, 2021

Less than one in 10 SME leaders feel supported during the current lockdown
As the UK’s third national lockdown continues, just 8% of business leaders feel supported, research from Nucleus Commercial Finance today reveals.1 Half...
February 22nd, 2021

£4 million facility opens doors for Yorkshire manufacturer
Bibby Financial Services (BFS) has provided a £4 million Invoice Discounting Facility to investment group Modular Group Investments to support the acquisition...
February 19th, 2021

Together teams up with Legal & General to offer short-term finance through its digital platform
Specialist lender Together has added its bridging products to Legal & General’s digital criteria service designed to improve the process of brokers...
February 18th, 2021

Encompass Corporation appoints technology executive Daryn Edgar to Board
Encompass Corporation, the fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, has appointed technology executive Daryn Edgar...
February 18th, 2021

Government-backed loans for smaller builders not enough, claims industry
A new stream of construction loans of up to £10m for SME developers has been launched by the government housing delivery agency Homes England and United Trust...
February 18th, 2021

Roma Finance appointed to MCI’s lender panel
MCI Mortgage Club continues at pace to expand its panel with the addition of specialist lender Roma Finance. The latest lender to join the panel gives MCI...
February 18th, 2021

First 4 Bridging appoints Key Account Manager
First 4 Bridging (F4B) has appointed Sonia Mann as a Key Account Manager to cover the Midlands and surrounding areas. Sonia joins F4B after holding the...
February 17th, 2021

FTBS taking three years longer to get on the property ladder
Research by home buying platform, Yes Homebuyers, has revealed that the time it’s taking for first-time buyers (FTB) to save for their first home has grown...
February 17th, 2021

Fleet Mortgages cut prices on two- and five-year fixes across all ranges
Fleet Mortgages, the buy-to-let specialist lender, has today (16th February 2021) announced a range of price cuts on both its two- and five-year fixed-rates...
February 16th, 2021

2 in 3 builders say new Government VAT policy will lead to cashflow issues and confusion, warns FMB
The Government must scrap new tax policy ‘reverse charge VAT’ to show they are listening to builders and protecting jobs, according to the Federation of...
February 16th, 2021

35% of UK importers are struggling at borders and N. Ireland trade is collapsing warns ParcelHero
The latest Office for National Statistics (ONS) economy figures show businesses are reporting spiralling Brexit challenges. Doubt has also been cast on the...
February 15th, 2021

The Covid long tail for businesses
With global geo-politics in flux, combined with the disruption and turbulence caused by COVID-19 and Brexit, times are tough for UK business. Innovation and...
February 15th, 2021

Subdued levels of activity in January but certain sectors shone
The total value of contract awards in January 2021 was £4.3 billion, a decrease of 12% on December 2020 and also 10% lower than the monthly average in 2020...
February 15th, 2021

West One Loans Buy-to-Let extends borrower exposure to £5m
West One Loans’ buy-to-Let division has announced major criteria changes which will see maximum borrower exposure limits raised by more than three times...
February 15th, 2021

Hanley Economic BS temporarily halts new lending to complete system overhaul
Hanley Economic Building Society has temporarily halted new lending in order to complete the final stage in the overhaul of its mortgage processing platform....
February 15th, 2021

Reward Finance Group adds to Manchester team as deals continue to rise
Reward Finance Group in Manchester is expanding its team further by appointing Christine Daly as portfolio executive, following another impressive 12 months....
February 11th, 2021

Asset finance market fell by 6% in December 2020
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) fell...
February 11th, 2021

The PSR plans to bolster protections in payments
Today, the PSR launches two calls for views exploring greater protections for everyone using payment systems: one relating to the protections against APP...
February 11th, 2021

Hospitality and leisure sectors face further disruption and uncertainty with third national lockdown, reveals Duff & Phelps
Business owners across the hospitality and leisure sectors throughout the UK need to take stock and prepare themselves for yet another turbulent year as the...
February 11th, 2021

Debate and research project announced
CCRMagazine and HighRadius are set to produce a new virtual-round-table debate looking at the challenges facing professionals working in the order-to-cash...
February 11th, 2021

Could the Year of the Ox bring a UK property market crash?
While thousands around the world prepare to celebrate Chinese New Year this Friday, welcoming in the Year of the Ox as they do, property market analysis by...
February 10th, 2021

First 4 Bridging launches the F4B Network
Packager First 4 Bridging (F4B) has expanded its intermediary proposition with the launch of the F4B Network. The F4B Network was created on the back of demand...
February 10th, 2021

New US Country Report by Atradius
The United States can anticipate a robust economic rebound in 2021, with political uncertainty decreasing and an injection of fiscal stimulus, reveals the...
February 9th, 2021

Trade Ledger raises £13.5 million in Series A funding
Trade Ledger, the global technology provider to the commercial banking and financial services industry, has raised a total of £13.5 million to complete its...
February 9th, 2021

United Trust Bank steps in to refinance £2.7m Guildford development
United Trust Bank (UTB) has agreed to refinance a £2.7m high quality apartment scheme by Clearview Developments by providing a £1.8m Sales Period Loan....
February 8th, 2021

Comment: Debt levels soar for UK businesses
Figures from EY have shed light on soaring debt levels for UK businesses as a result of the pandemic, with businesses on course to have borrowed £61bn by the...
February 8th, 2021

Comment: Boohoo’s Dorothy Perkins purchase – Are e-commerce giants buying out the high street?
Today’s news of Boohoo acquiring Dorothy Perkins and Burtons, the final sale and piece of the puzzle of the Arcadia Group, serves as a warning towards...
February 8th, 2021

At least three in 10 SMEs will be forced to shut if lockdown is extended
With the third national lockdown already involving an extension until March 8, new research from Nucleus Commercial Finance today reveals that at least three...
February 8th, 2021

Britain’s superstar exporters to ignite the next generation of top international exporters
Britain’s superstar exporters could pave the way for their intermittent counterparts and help add an estimated £4.4 billion to UK exports per year,...
February 8th, 2021

Construction and building firms must be prepared for major VAT change
Construction and building firms, including labour only sub-contractors, must be prepared for a major change to the way VAT is accounted for in their sector...
February 5th, 2021

Together refreshes its commercial and personal finance ranges
Together has lowered rates on its specialist mortgages and bridging loans in a refresh of its product range. The lender has repriced its five-year fixed-rate...
February 5th, 2021

‘Zombie’ stores will plague High Streets for months, warns ParcelHero
‘Zombie’ stores – whose name and online business have been taken over but whose physical stores remain half-alive while stocks are cleared – could...
February 5th, 2021

Banking expert is latest director to join Begbies Traynor Group’s advisory team
Experienced banking specialist Martyn Shakespear is joining Begbies Traynor Group as the leading specialist professional services provider builds its advisory...
February 3rd, 2021

How Many Insolvencies Will 2021 Bring?
New data from Euler Hermes insurers confirms predictions that 2021 is likely to bring a flood of corporate insolvencies throughout the world’s largest...
February 3rd, 2021

United Trust Bank targets larger Asset Finance transactions with new Credit appointment
United Trust Bank (UTB) has appointed Oliver Hobday as Underwriter in its Asset Finance Credit team in preparation of further business growth in 2021....
February 3rd, 2021

FSB in Scotland on lockdown extension
Scotland’s stay-at-home lockdown will continue for another month, Ministers have announced. However, the First Minister has stated that primary schools and...
February 3rd, 2021

New partner appointed at Warwickshire accountancy firm
A leading regional accountancy firm has bolstered its leadership team with the appointment of a new partner to support the development of its corporate...
February 2nd, 2021

Fraudsters continue to use pandemic to steal money and information from the public
Cifas, the UK’s leading fraud prevention service, is highlighting the latest coronavirus scams from the past week, and warning the public to stay vigilant of...
February 2nd, 2021

What happened to the ‘free trade agreement’? The Government must sort out online sales from the EU
Boris Johnson claimed he had secured a ‘cakeist’ Brexit deal, meaning Britain can have its cake and eat it. But the leading international delivery...
February 1st, 2021

New India Country Report from Atradius
India’s economy is forecast to rebound this year despite a sharp slowdown of economic growth in 2020, reports trade credit insurer Atr