Eight in 10 small businesses taking action to strengthen for the year ahead

With the Office for Budget Responsibility forecasting that the UK economy will be in recession until the third quarter of 2023*, new research from Novuna...

Tuscan Capital hails from Fast Track bridge process across all metrics

Tuscan Capital, the short-term property finance specialist, has announced that its Fast Track process, introduced in July 2022, has brought major improvements...

FCA proposes ways to make financial advice more accessible – HL comment

The FCA is consulting on proposals to create a separate, simplified financial advice regime, making it cheaper and easier for firms to advise consumers about...

Bury company’s global growth ambitions accelerated by £220,000 funding deal

A Bury-based ecommerce business has been boosted in its attempts to expand globally, after agreeing a £220,000 funding deal with Reward Finance Group. Clear...

Wattbike secures £3.25m funding package from Praetura to develop digital product suite and target new international markets

Wattbike, the elite exercise equipment manufacturer, has partnered with Praetura Commercial Finance to help fund its ambitious global expansion plans. The...

New-build buyer demand keeping the property market afloat

Research by property developer, Stripe Property Group, has revealed that while the property market may be starting to cool, the appetite for new-build homes...

Stay vigilant with energy suppliers to ensure small firms are not overpaying, Government urged

The Federation of Small Businesses (FSB) has asked the Government to intervene to stop energy suppliers from finding routes to inflate prices, as small firms...

Together appoints Annette Tilbury as South Regional Sales Manager

Specialist lender Together has appointed Annette Tilbury as new commercial finance Regional Sales Manager for the South. Her role will entail looking after key...

One in four small firms plan to close, downsize, or restructure if energy bills relief ends in April next year, new survey reveals

Small firms’ survival during the ongoing energy price crisis will depend on continued government support through Energy Bill Relief Scheme (EBRS) beyond...

Atom changes its serviceability criteria to support more SMEs

Atom bank, the UK’s first app-based bank, has today revamped its serviceability criteria for both variable and fixed rate commercial mortgage products as it...

Response to ONS figures: R&D credit crunch turns triumph to disaster as Hunt slams tech start-ups

New figures from the Office for National Statistics (ONS) today show officially for the first time that the majority of business investment in R&D comes...

Bridging loans on the increase as rising base rates causing housing market volatility

The latest market analysis by mortgage experts, Revolution Brokers, reveals that bridging loan lending has increased by nearly 50% since the Bank of England...

Number of UK sectors with falling output highest since May 2020

The number of UK sectors experiencing falling output was at its highest level in 29 months in October, as demand for goods and services decreased, according to...

The value of online sales slumped -7.7% YOY in October, despite second Prime event

Retailers who are placing their faith in strong online sales this Christmas are likely to be disappointed, forecasts the home delivery expert ParcelHero. New...

United Trust Bank Increases Midlands Coverage with Two New Property Development Appointments

United Trust Bank (UTB) has made two new appointments to its Property Development Originations team to increase its support of housebuilders and developers...

Comments on today’s ONS retail sales figures for October

“Although retail sales rose slightly in October, they continued their broad downward trajectory – coming in lower than they were in August – as consumers...

Gary Bailey departs Hope Capital

Gary Bailey, Managing Director at Hope Capital, has announced his departure from the bridging finance lender. Prior to Bailey joining Hope Capital in January...

Back to the Past or towards Silicon Valley UK? The Autumn Statement and the Overlooked Inclusive Pathway to Prosperity and a Sustainable UK Future

The last few months of British politics have seen the rise and demise of ‘Trussonmics’. Today’s Autumn Statement is a return to the past rather than a...

FSB Scotland responds to tough Autumn Statement

Responding to this morning’s UK Government Autumn Statement, delivered by Chancellor of the Exchequer Jeremy Hunt, the Federation of Small Businesses’...

Stealthy tax grabs hit small firms, as more needed on growth and prosperity

Responding to the Chancellor’s Autumn Statement, National Chair of the Federation of Small Businesses (FSB), Martin McTague, said: “Today’s Budget is...

Small firms call on Chancellor to keep R&D tax credits for growth ahead of Autumn Statement

In response to reports that the Chancellor is expected to cut Research & Development (R&D) tax credits for SMEs in Thursday’s Autumn Statement,...

Third party costs tops the list of concerns for nine in 10 small businesses worried about cost-of-living impacts

Nine in ten British small business owners are concerned about the impact of the cost-of-living crisis on their enterprise (92%), peaking for those businesses...

Rising inflation risks of closure for thousands of small businesses across the UK – Simply Business

“This morning’s announcement of another rise in inflation comes with a clear recession warning from the Bank of England, and poses a significant risk of...

Small businesses are entering the recession in a weak position….leaving banks exposed

Small businesses entering recession in weak position – lenders can’t ignore preparing for deterioration in portfolio performance even as traditional risk...

United Trust Bank Structured Property Finance provides £3.76m loan to Nacropolis to seize an off-market acquisition opportunity

United Trust Bank (UTB) Structured Property Finance has provided a £3.76m sales period facility to the Nacropolis Group to complete a time sensitive...

Hampshire Trust Bank appoints development finance lending director

Hampshire Trust Bank (HTB) has announced the appointment of Barney Iles as Lending Director within its development finance division. Barney brings over nine...

Berg Money and iwoca to fuel small business growth with expansion of business loans

Berg Money, the UK payments provider, announced today that it will work with small business lender, iwoca, to roll out their Flexi-loan product to Berg...

91% of unemployed UK professionals over 50 are considering returning to the job market

An exclusive survey of over 50s by the UK’s leading independent job board, CV-Library, has revealed that an overwhelming 91% of inactive workers in the age...

FSB Scotland: Shrinking economy underlines need for pro-growth measures

Following the announcement that the UK economy contracted by 0.2% between July and September, the Federation of Small Business’ (FSB) Scotland Policy Chair...

Fall in GDP heralds start of recession and the risk of serious economic decline, small firms warn

Responding to new Office for National Statistics (ONS) figures showing that GDP fell 0.2% in Q3 2022, Federation of Small Businesses (FSB) National Chair...

From Pledging to Implementing: Third of small businesses have formal Net Zero plan in place

Together for Implementation: With COP27 this week bringing world leaders together to accelerate global efforts to confront the climate crisis, there is a...

Asset finance new business grew by 9% in September 2022

New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...

Ready For Recession: UK business leaders bracing themselves for economic crisis

The recent turmoil within the UK financial markets, combined with global inflationary pressures has led many UK business leaders to believe recession is...

Personal loans see second biggest monthly spike on record as cost of borrowing surges

Analysis of the latest Bank of England figures1 from Freedom Finance, one of the UK’s leading digital lending marketplaces, shows that the average quoted...

Berg Money launches Fintech platform for start-ups and SMEs

Berg Money, the UK payments provider, launched its new platform targeting SMEs across Europe and the Middle East. Berg’s platform enables small and...

United Trust Bank makes New Director – Intermediaries Appointment to Support Broker & Debt Advisory Firms in the Real Estate Sector

United Trust Bank (UTB) has appointed experienced real estate finance professional Piragash Sivanesan as Director – Intermediaries, Property Finance to...

Construction PMI: Surprising rise in construction PMI does not paint true picture of industry disruption, says RSM

According to the latest PMI data by IHS Markit and CIPS, the headline construction PMI rose to 53.2 in October 2022, up from 52.3 in September, continuing the...

OCI clinches Overall Scale-Up business Award 2022 at the scale-up awards

The scale-up awards, which have been called the Oscars of the business world, celebrate UK high-growth companies and their entrepreneurs – OCI fought off...

The delivery crisis before Christmas – 19.2% of transport companies have no cash reserves left

New Business Insights figures released by the Office for National Statistics (ONS) reveal that transport & storage sector companies are facing a...

Bank of England rate rise will leave small businesses between a rock and a hard place

Following today’s decision by the Bank of England to increase the base rate from 2.25% to 3%, Federation of Small Businesses (FSB) National Chair Martin...

RSM UK bolsters restructuring offering in London with new partner

Leading audit, tax and consulting firm RSM UK has appointed Tom Straw as restructuring partner in its growing London team. Tom joins RSM after spending nine...

Study determines UK businesses are blind to the critical value-add opportunities delivered by their data governance programmes

New figures from Nephos Technologies, a specialist data services integrator, has revealed that the majority of UK businesses that took part in its recent study...

FSB on Scottish Emergency Budget Review

Commenting on the emergency budget review (EBR), unveiled by Deputy First Minister John Swinney in Holyrood this afternoon, Federation of Small Businesses’...

UK Small businesses call for greater Government leadership in the race to become Net Zero

New research suggests small businesses are maintaining a commitment to tackling the climate emergency despite the immediate economic challenges they face...

Hampshire Trust Bank appoints managing director for specialist mortgages

Hampshire Trust Bank (HTB) has announced the appointment of Chris Daly as managing director of its specialist mortgages division. Chris was most recently head...

Specialist SME lender celebrates strong performance and growth

A specialist business bank, celebrating its fifth anniversary, has pledged to continue investing in its people and customers as it targets the next five years....

Saltare Secures Listing for Early Pay on Crown Commercial Service’s G-Cloud 13 Procurement Framework

UK Fintech Saltare has secured its first listing on Crown Commercial Service’s (CCS) G Cloud 13 framework under Lot 2: Cloud software category. By securing...

Cash injection provides Caernarfon events theatre and restaurant with springboard for post-pandemic growth

A £435,000 cash injection provided by Reward Finance Group will help a unique entertainment and events venue in Caernarfon to expand its live events programme...

Froda and Yabie sign partnership to democratize small-business financing and entrepreneurship

Froda and Yabie are two of Sweden’s fastest-growing fintech companies. Now, they are entering into a new partnership to launch Yabie Loans, a new service for...

Recognise Bank agrees £1.16m loan for complex multi-property portfolio deal

Recognise Bank has financed the complex purchase of a portfolio of mixed buy-to-let properties with a £1.16 million Professional Buy-to-Let (PBTL) loan, after...

Tim Thompson joins Hodge as new chief information officer

Tim Thompson has joined Hodge’s Executive team as its chief information officer. Tim takes up the role from his previous post as head of technology with...

Bombshell new figures highlight collapse of exports to the EU Big Four – plus the USA and China!

New export figures from the Government’s Office for National Statistics (ONS) paint a stark picture of the reality of post-Brexit trade. They show how UK...

RSM UK sees 40 new promotions to director as drive for organic growth continues

Leading audit, tax and consulting firm RSM UK has announced 40 new promotions to director. The move marks another significant milestone in its continued bid to...

RSM UK Restructuring warns recession starting to bite as all industries see increased insolvency numbers

According to the latest company insolvency data from Gov UK, there were 5,595 seasonally adjusted registered company insolvencies, including 4,800 creditors’...

Sundeep Patel set to Join United Trust Bank as Director of Bridging on 1st November 2022

United Trust Bank (UTB) recently revealed that it had appointed Sundeep Patel to the key role of Director of Bridging, with a mandate to significantly grow the...

United Trust Bank funds £13.6m Rippon Homes development at Lea, Lincolnshire

United Trust Bank (UTB) is supporting the construction of a new £13.6m housing development at Lea near Gainsborough by successful housebuilder Rippon Homes....

Cash flow becomes top priority for small businesses as economic storm brews

With inflation hovering at a 40-year high, managing day to day cash flow has become the primary reason for small business applications for finance, according...

Saltare Secures Listing for Early Pay on Crown Commercial Service’s G-Cloud 13 Procurement Framework

UK Fintech Saltare has secured its first listing on Crown Commercial Service’s (CCS) G Cloud 13 framework under Lot 2: Cloud software category. By securing...

End the turmoil and focus on policies for prosperity, small firms tell new PM

Responding to Rishi Sunak officially becoming the UK’s new Prime Minister, the Federation of Small Business’ Scotland Policy Chair Andrew McRae said:...

End the turmoil and focus on policies for prosperity, small firms tell new PM

Responding to Rishi Sunak officially becoming the UK’s new Prime Minister, National Chair of the Federation of Small Businesses (FSB), Martin McTague, said:...

HTB structured asset finance complete £3m asset refinance

HTB structured asset finance has completed a £3,000,000 asset refinance to assist a well-known container hire group of businesses. The case was introduced to...

Do they know it’s Crisis Time at all? It’s beginning to look a lot like an Austerity Christmas, warns ParcelHero

The home delivery expert ParcelHero says Christmas cheer will be in short supply this year. It warns rising prices and supply chain disruption mean that we are...

Profit warnings issued by UK-listed companies in Q3 up 69% year-on-year

Profit warnings issued by UK-listed companies in Q3 2022 reached their highest third-quarter total since 2008, according to EY-Parthenon’s latestProfit...

Online sales finally reach equilibrium, while High Street stumbles

Online sales peaked at 37% of the entire retail market in February 2021, during the height of Covid lockdowns, but then started to fall back. How far they...

Together re-launches its fixed-term personal and commercial ranges

Together has today re-launched its fixed rate personal and commercial finance products to help clients who may be underserved by mainstream lenders. The...

Comments on today’s ONS retail sales figures for September

“Today’s ONS retail sales data reflect the challenges facing consumers, with inflationary pressures and falling confidence leading to a decline in sales...

‘Fall in retail sales shows SMEs are at breaking point’

Following the release of the retail sales figures published by the ONS this morning, Alan Thomas, UK CEO at Simply Business said: “The unsurprising fall in...

Talenthouse to partner with and invest up to $7 million in cash and shares in US-based digital SME banking provider, Nerve

TalentPlus, Talenthouse’s one-stop-financial app built for Creators, has partnered with and Talenthouse will invest up to $7 million in cash and shares...

Liz Truss resignation will not steady markets easily

“Markets are unforgiving. We have seen this in recent weeks when the pound hit historic lows against the dollar, gilt yields jumped, and stock markets dipped...

On five year anniversary Redwood Bank announces strong performance and growth

A specialist business bank, celebrating its fifth anniversary, has pledged to continue investing in its people and customers as it targets the next five years....

Allianz Trade announces CEO leadership change

Allianz Trade, the world leader in trade credit insurance, announces today that Aylin Somersan Coqui, currently Group Chief Risk Officer of Allianz SE, will...

FSB unveils five ways Scottish Government budget can boost business

The Federation of Small Businesses (FSB) has today unveiled five steps the Scottish Government can take to address the cost of doing business crisis. The plan...

Paradigm Protect partner with Assured Futures for new protection referral solution

Paradigm Protect, the directly authorised protection proposition – which is part of Paradigm Mortgage Services – has today announced a new...

Aldermore provides loans of £20.9m for two-phase student accommodation development in Leeds city centre

Aldermore has provided loans totalling £20.9m to Study Inn Group for a 400 room, two phase student accommodation development, in the heart of Leeds city...

Allica Bank launches 10-year fixed rate commercial mortgages to help SMEs combat uncertainty

Allica Bank, the fintech challenger bank dedicated to supporting established small and medium-sized businesses, has today announced the launch of a ten-year...

Tourism and recreation output falls as consumers tighten spending

Tourism and recreation experienced the sharpest fall in output of any UK sector in September, according to the latest Lloyds Bank UK Sector Tracker. Output in...

Scottish small business confidence falls again as cost of doing business crisis bites

Scotland’s small business confidence fell again in the third quarter of 2022, latest figures from the Federation of Small Businesses (FSB) show. The small...

Open Letter to Prime Minister challenges lack of Government Support for 6 Million Small Businesses

Business Support organisations from across the country have written to the Prime Minister in an open letter pointing out that the Government’s current...

Rising costs and falling revenues causing worst small business pessimism outside lockdowns, new figures reveal

Cost pressures, falling revenues and a growing reliance on debt to prop up cashflows are among the gloomy findings of the latest Small Business Index (SBI)...

LSB drives financial inclusion for business banking customers with access needs, with new research

A report launched today by the Lending Standards Board (LSB) drives forward financial inclusion for disabled customers and those with other access needs who...

Hampshire Trust Bank appoints head of portfolio management

Hampshire Trust Bank (HTB) has today announced the appointment of John Archbold as head of portfolio management for its development finance division. John, who...

‘Handbrake-turn’ emergency statement is tough medicine for retail, industry and logistics

Former Chancellor Kwasi Kwarteng’s mini-budget caused market chaos, driving down the FTSE 100 and the pound while raising interest rates. Just over three...

Time for stability and delivery on energy and National Insurance after weeks of turmoil, small firms say

Responding to the Chancellor’s emergency statement, National Chair of the Federation of Small Businesses (FSB), Martin McTague, said: “The Chancellor is...

Reward makes key hires in the Midlands and South East to drive further growth

Reward Finance Group has further bolstered its ambitious growth plans in the Midlands, London and the South East by appointing Adam Jolley and Sam Percival as...

55% of UK estate agents worried about current market outlook

Research by property purchasing specialist, House Buyer Bureau, has revealed that more than half (55%) of estate agents are worried about the current outlook...

Recognise Bank Supports Automotive Business with Commercial Mortgage

Recognise Bank has agreed a £555,000 commercial mortgage to help an automotive business purchase its own premises. Ralph & Co. Limited, which specialises...

Hampshire Trust Bank appoints development finance lending directors

Hampshire Trust Bank (HTB) has announced the appointment of Rob Syrett and Jason Wilmot as lending directors within its development finance division. Rob joins...

Hope Capital launches land without planning permission bridging loan

Hope Capital has announced it will now lend on land without planning permission, offering up to 50% LTV. Up until now, Hope Capital has only provided a loan...

Comment: ONS Construction output – “Encouraging in an increasingly challenging economy”

“It is encouraging to see two consecutive months of growth during July and August – however small – in an increasingly challenging economy. “The fact...

Small businesses help environment with sweeping cut backs to business travel

Two in five small businesses (43%) are keeping the ‘lockdown mindset’ towards business travel in a bid to reduce their carbon footprint and support...

Begbies Traynor Group launches suite of B2B services for accountants

Leading business recovery, financial advisory and property services consultancy Begbies Traynor Group plc has launched an added value service offering which...

Hodge strengthens its board with the appointment of Penny Bickerstaff

Hodge has strengthened its Board with the appointment of a new Senior Independent Director. In addition to the main Board, Penny will sit on the Audit, Risk...

Government regeneration to boost UK’s housing market by £188 billion

Research by property developer, Stripe Property Group, reveals that planned regeneration projects across the UK will increase the value of the national housing...

Majority of managers feel ill-equipped to talk about money worries

A survey of 762 managers within UK businesses has found: 39% do not have a clear strategy in place for how they will support staff during the cost-of-living...

Asset finance new business grew by 10% in August 2022

New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...

Consumer car finance new business volumes grew by 5% in August 2022

New figures released today by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes grew in August 2022 by 5%...

National Bank of Fujairah (NBF) partners with Finverity to grow supply chain and receivables finance book in MENA

London & Fujairah – Finverity, the platform enabling the trade finance ecosystem in emerging markets to do better, and  National Bank of Fujairah...

Hampshire Trust Bank appoints Deputy Managing Director for Development Finance

Hampshire Trust Bank (HTB) has announced the appointment of Uliana Kuzmis as Deputy Managing Director within its Development Finance division. Uliana joins HTB...

Banks must step up payment services to support small and medium businesses as the backbone of the economy

Paris – New payment methods (instant payments, e-money, mobile and digital wallets, account-to-account, QR codes) are leading the charge with consumers, but...

68% of European SMEs to implement real-time payments next year

A new independent survey of more than 2,000 European SMEs has found: 68% plan to adopt real-time payment processing in the next 12 months At present, just 10%...

More than half of UK businesses are concerned about the impact of payment sanctions

More than three quarters of UK businesses (78%) expect the use of Buy Now, Pay Later (BNPL) to increase as the cost of living and inflation rises, according to...

The property maintenance sector begins bounce back after difficult pandemic period

Research by property maintenance solution provider, Help me Fix, reveals that the property maintenance trade industry is finally bouncing back after a...

Optimum Finance joins the Good Business Charter

Specialist invoice finance provider Optimum Finance is delighted to announce it has signed up to the Good Business Charter (GBC), an accreditation that seeks...

HTB relaunches bridging proposition

Hampshire Trust Bank (HTB) has relaunched into the bridging market following the creation of its new bridging team. The new team is in place to provide a truly...

Reward raises £30,000 for charities in Manchester and Leeds

A year-long fundraising effort by staff at Reward Finance Group has raised £30,000 to be equally shared between Manchester-based charity Barnabus and Aching...

Businesses Defy Gloomy Outlook with Plans to Succeed in Next Three Months

Despite the considerable headwinds of soaring energy prices, recession forecasts, and soaring inflation, small business leaders in the UK nonetheless remain...

Latest Business Survey Shows Sharp Downturn in the Economy

The economic outlook has dramatically weakened in the last few weeks according to the findings of the latest Quarterly Economic Survey (QES) conducted by...

Reward provides £5.2m of funding to SMEs in first year of launching in the Midlands

Reward Finance Group has helped boost the region’s economy by providing £5.2m of funding to SMEs in the first year of launching in the Midlands, to enable...

Kingsway celebrates 25 years of funding SMEs

This week marks the 25th anniversary of Kingsway Finance funding UK SMEs. Established by Adrian Anthon originally as a leasing brokerage business in 1995,...

Plummeting pound is good news for US sales, says ParcelHero

Following Chancellor Kwarteng’s mini-budget, the pound tumbled to its lowest value against the dollar since decimalisation was introduced. Some analysists...

Quantuma appointed Administrators of Birmingham Inner Circle Community Credit Union Limited

Dina Devalia and James Varney of business advisory firm Quantuma have been appointed as Joint Administrators of financial cooperative Birmingham Inner Circle...

Small firms welcome Labour’s commitment to reduce business rate burden

In response to the speech by Shadow Chancellor Rachel Reeves, Martin McTague, National Chair of the Federation of Small Businesses (FSB) said: “Small firms...

Retailers and manufacturers will be wary of ‘Devil’s bargain’ mini-budget, says ParcelHero

Chancellor Kwasi Kwarteng’s ‘slasher movie’ mini-budget has taken a chainsaw to planned tax increases, EU environmental and regulatory rules and limits...

New funding aims to spark growth of regional SME housebuilders

A new development finance fund to help regional SME housebuilders thrive has been launched by Newstead Capital in partnership with the government’s...

Mini Budget: UK needs inclusive economic growth, not isolated hot spots

“We are living in unprecedented times, but all times are unprecedented. The mini-budget may seem like a return to the past, or perhaps it is a tabula rasa...

Truss Government off to flying start – Chancellor delivers small business policy in mini Budget

Responding to today’s fiscal event, Martin McTague, National Chair of the Federation of Small Businesses (FSB), said: “The Truss Government is off to a...

British Business Bank agrees ENABLE Build guarantee with Hampshire Trust Bank

Hampshire Trust Bank (HTB) has secured an ENABLE Build guarantee via the British Business Bank and The Department for Levelling Up, Housing and Communities...

Reversal of jobs tax hike welcomed by small firms

Responding to the announcement by the Chancellor today that National Insurance Contributions increase is to be reversed, Federation of Small Businesses (FSB)...

Bank of England rate rise means more margin pressure for small firms

Following today’s decision by the Bank of England to increase the base rate from 1.75% to 2.25%, Federation of Small Businesses (FSB) National Chair Martin...

OCI bolsters its team with the appointment of industry veteran Neil Edwards

OCI has bolstered its senior management team with the appointment of Neil Edwards as Trade Director. Mr Edwards is an experienced trade and supply chain...

Aldermore appoints Richard Jones to lead MotoNovo Finance

Aldermore, the specialist lending and savings bank, has appointed Richard Jones to be the new Managing Director of its MotoNovo Finance business. MotoNovo –...

UK Consumers Seeking Greater Access to Credit, With Demand for Credit Cards on the Rise

Only half of UK consumers currently feel that they have sufficient access to credit, according to figures revealed in TransUnion’s latest Consumer Pulse...

Reach helps Tuber Group in a major acquisition

Reach Commercial Finance has secured three different funding solutions worth £4.8 million for Tuber Group to help accelerate business growth, the latest of...

Pressure grows for UK companies invoicing in US dollars as pound drops to 37-year low

“UK companies who invoice their customers in US dollars should be placing an even greater emphasis on their cash collection processes to ensure invoices are...

Hodge launches new refurbishment bridging product for experienced and active developers

Hodge has launched a new Refurbishment Bridge Finance product to help experienced property developers in making improvements or changing the layout of an...

UK SMEs owed an annual average of nearly £150,000 – almost double compared to 2019

Britain’s small and medium-sized businesses (SMEs) are owed on average £147,141 in late payments – nearly £74,000 more than in 2019 – according to the...

United Trust Bank appoints Jack Heath as BDM as it continues to grow its Bridging business

United Trust Bank (UTB) has appointed Jack Heath as Business Development Manager as the Bank continues to expand its Bridging Sales Team and grow its Bridging...

More UK sectors report falling demand in August

The number of UK sectors reporting falls in demand increased for a fourth successive month in August, according to the latest Lloyds Bank UK Sector Tracker. Of...

Landbay lowers rates on its two-year buy-to-let range

Landbay is bucking the trend of rising rates, by today (Tuesday 20th September) lowering interest rates on its two-year fixed rate buy-to-let mortgages. This...

Housing development takes shape following £3.6million funding package

Established specialist lender Together has agreed a £3.6million funding facility for a luxury family-orientated homes development in South Yorkshire. Bespoke...

The impact of the Queen’s death on business and retail

Retailers and businesses across the UK are bracing themselves for a period of uncertainty following the death of Queen Elizabeth II. The long-term impact could...

Sundeep Patel to Join United Trust Bank as Director of Bridging

United Trust Bank (UTB) has appointed Sundeep Patel to the key role of Director of Bridging, with a mandate to significantly grow the Bank’s short term...

Asset finance new business grew by 2% in July 2022

New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...

£200,000 cash injection helps construction social enterprise win record contract

A home counties-based social enterprise, which provides training and employment opportunities for young people in the construction industry, has secured a...

FSB Calls for Small Business Help to be Centrepiece of Programme for Government

Ahead of tomorrow’s unveiling of the Scottish Government’s Programme for Government, the Federation of Small Businesses (FSB) in Scotland has written to...

Majority of European SMEs forced to take a loan due to missing payments

A new independent survey of more than 2,000 European SMEs has found: 54% have been forced to take out a loan as a result of missing and delayed payments 62%...

Growing number of SMEs seek finance to achieve sustainability goals

New research from Allica Bank shows SMEs have a heightened focus on finding finance to boost their sustainability, with 65% of commercial mortgage brokers and...

Rising energy bills to eat up 11% of your salary

Research by RIFT Tax Refunds reveals that, by March 2023, rising energy prices and stagnant income means household bills will cost 11% of the average...

Mercantile Trust expand bridging proposition into Northern Ireland

Mercantile Trust, the specialist bridging, buy-to-let and commercial lender, has today expanded its bridging proposition into Northern Ireland with immediate...

‘Summer of Discontent’ port, post and Amazon strikes will impact on £1bn of trade and cause severe delays, says ParcelHero

Faced with rising household energy costs and soaring inflation, workers at ports, postal organisations and warehouses are staging strikes in a bid to improve...

Bibby Line Group returns to profit and primed for future growth

Liverpool-based Bibby Line Group has reported a strong return to profit following the strategic realignment of the Group’s portfolio. Accounts filed at...

UTB Structured Property Finance supports substantial refurbishment of a £10m office building

United Trust Bank (UTB) Structured Property Finance has provided a £5.7m commercial investment loan to refinance and subsequently refurbish a 29,000 sq.ft....

Recession? What recession? Retail sales buck the trend, says ParcelHero

Reports of a fall in consumer confidence this summer may be exaggerated, says the home delivery expert ParcelHero. Today’s Office for National Statistics...

Number of sectors showing fall in output reaches 18-month high

The number of UK sectors reporting falling output approached levels not seen since periods of lockdown, according to the latest Lloyds Bank UK Sector Tracker....

Sustainable Small Businesses are More Likely to Predict Growth

Small businesses that were anticipating either significant or modest growth in the next three months were also the most likely to be prioritising sustainable...

Small Business Commissioner Warns Late Payments Could Slow Investment From SMEs Into Staff and Equipment Development or Even Lead To Insolvency

In a recent podcast, The Small Business Commissioner, Liz Barclay, issued a warning that without confidence in cash flow, the UK’s small and micro...

No, the housing market didn’t dive in June: ONS

Average house prices were up just 7.8% in the year to June – a big drop from 12.8% in May. However, they rose an average of £3,000 during the month. The...

Hodge bolsters Commercial Lending team with three key appointments

Hodge has added three new experienced managers to its Commercial Lending team. Andy Buss has joined as a senior business development manager along with David...

Invoice Finance provider Optimum Finance reaches half-a-billion-pounds advanced milestone

Specialist invoice finance provider Optimum Finance has continued with its consistent growth trend into 2022 making the first half of the year the most...

The lessons of 2008 that retailers, manufacturers and hauliers must learn as the UK enters recession

This month, the Bank of England forecast the UK economy will fall into a recession by October. Governor Andrew Bailey warned the unexpected recession will be...

Together announces two new senior hires in Wales and Scotland

Specialist lender Together has today announced the appointment of two new Business Development Managers. Ian Hoggart and Martin Bloe will both be bolstering...

Holiday let mortgage enquiries still strong despite lifting of Covid restrictions

A webinar poll conducted by Hampshire Trust Bank, the specialist bank, has revealed that the holiday let mortgage market is still extremely popular with...

Digital provider Atom bank achieves full registration to the business Standards

Digital provider Atom bank has become the latest financial services firm to commit to the Standards of Lending Practice for business customers, which drive...

£250,000 funding deal helps Scottish company develop pioneering musical accessories

A Scottish designer and manufacturer of musical accessories is looking to repeat the global success of its first product launch in 2021 with two new...

Asset finance new business grew by 2% in June 2022

New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...

Cashflows welcomes industry Heavyweights to C-Suite to Drive Further Growth

Cashflows, the platform that makes it easy for merchants to accept payments, today announces four additions to its C-suite to drive its ambitious growth...

Small businesses switch to domestic UK market as perceived growth opportunities in EU stagnate

The proportion of small businesses that see growth opportunities from the domestic UK market has risen sharply from 66% to 80% in just 12-months, whilst those...

Excellion Capital arranges £110m credit facility for pub operator Red Oak Taverns

Excellion Capital, a boutique investment and advisory firm focussed on real estate and asset-backed investments, has arranged a six-year £110 million whole...

Norton Home Loans promotes David Binney

Norton Home Loans has promoted David Binney to the role of Head of Sales. David has been at the Norton Group for nearly seven years, having previously worked...

Delays, shortages and strikes: how is the aviation industry coping?

It’s fair to say the travel industry hasn’t had the easiest year so far, and with the summer holiday season – which is now well underway – comes a...

UK growth forecast to be one of the worst for advanced economies

Leading trade credit insurer, Atradius, has published its latest Economic Outlook report analysing the performance of global markets. The quarterly report...

Hodge launches two new commercial finance options

Hodge has launched two new commercial finance options, an Acquisition Bridge and a Sales Bridge, aimed at helping experienced SME developers and brokers who...

Wiltshire butchers carves up growth strategy with new multi-million pound site

A renowned Wiltshire butchers that supplies Michelin-star restaurants and superyachts, expects to grow its sales by a third after expanding into bigger...

Aldermore announces new appointment in Asset Finance team

Aldermore bank has appointed David Hughes as business development manager in its asset finance team. David has 26 years of experience in the asset finance and...

Praetura Commercial Finance supports Cheshire-based Egertons’ growth with £5.3m funding facility

Praetura Commercial Finance has provided £5.3m of funding to support Egertons, one of the UK’s leading vehicle rescue and recovery operators, to enable...

Allica Bank appoints Ian Flaxman to new Head of Growth Finance role

Allica Bank – the fintech challenger bank dedicated to serving and supporting Britain’s established small and medium businesses – has appointed Ian...

Aldermore provides £6.4m commercial mortgage to Saxon Square Christchurch shopping centre

Aldermore has provided Saxon Square Christchurch with a £6.4m commercial mortgage, refinancing their key multi-let retail and hotel centre from a high street...

Together announces senior business development hires across the UK

Specialist lender Together is growing its team across the country, with a series of new senior appointments. Danielle Potter, Pall Thorarinsson and Jamie...

FIMBank and Finverity partner to offer global SCF and factoring solutions to mid-market companies

Finverity, the mid-market supply chain finance platform focused on emerging markets, and FIMBank, a leading provider of trade finance, factoring and forfaiting...

SME growth predictions hold firm despite soaring price rises and political uncertainty

UK small business growth forecasts for the next three months remain remarkably robust, despite soaring inflation and price rises. Further, a monthly comparison...

SFP completes the sale of Northamptonshire-based specialist insulation business

Nationwide insolvency practitioner, SFP, has successfully completed the sale of the business and assets of TPM Contracting Limited, a...

Hampshire Trust Bank appoints lending manager for the North West of England

Hampshire Trust Bank (HTB) has announced the appointment of Malone Roberts as Lending Manager for the North West within its Specialist Mortgages Lending...

Reward Finance Group supports kitchen worktop retailer’s growth plans with £150,000 funding deal

A Yorkshire-based kitchen worktop retailer is targeting further growth after agreeing an additional £150,000 funding deal with Reward Finance Group. Gemini...

Almost half of UK airport staff are considering leaving but survey and job market data reveal solution could simply be better pay

With the first week of the school holiday starting for UK schools today and the peak period for UK airports beginning, an exclusive survey of industry workers...

Scottish firms tested by rising costs and staff shortages

Mounting overheads, skills shortages and concerns about the economy punctured Scottish business confidence over the last three months according to new...

Relaunch of residential investment loan incentivises greener homes

A popular residential investment loan has been relaunched with the aim of incentivising small to medium sized investors to invest in energy efficient homes....

As the UK’s No.1 fastest growing company continues to expand, OCI appoints banking expert, Geoff Parry, as Commercial Director

Commercial Process Outsourcing company OCI, which has seen its revenue increase one hundred-fold in half a decade, has once again strengthened its senior...

Hampshire Trust Bank bolsters development finance team with lending director appointments

Hampshire Trust Bank (HTB) has announced the appointment of three new lending directors within its Development Finance division. Colin Ness, Richard Payne and...

Crystal Specialist Finance makes senior appointment

Mark Hutchings has joined Crystal Specialist Finance as Head of Innovation and Strategy. In this newly created role Mark will expand Crystal’s proposition...

Majority of sectors show output up, despite weakening customer demand

The number of UK sectors reporting greater output increased in June, according to the latest Lloyds Bank UK Sector Tracker. However, businesses across the...

Half of small business owners forced to increase prices – amongst other survival tactics – to cope with crippling rising costs

Almost half (49%) of all small business owners in the UK are set to increase their prices as they look to battle rising costs, a new report reveals. The SME...

One year end of the Trade Credit Reinsurance Scheme: Why should UK businesses continue to invest?

One year on from the end of the Government Trade Credit Reinsurance Scheme, leading trade credit insurer Atradius has confirmed that businesses are continuing...

From working men’s club to luxury apartments; Together finances project delayed by COVID

Specialist lender Together has provided a £7.9 million bridging loan for the development of a six storey block of luxury apartments. The developer purchased...

Praetura provides £5.1m to support management buy-in at Vac-Ex Hire

Praetura has provided £5.1m of funding to support serial entrepreneur Dan Bown on his successful management buy-in of Vac-Ex Hire, a specialist plant hire...

Recognise Bank provides £670k loan for residential children’s home deal

Recognise Bank has agreed a £670,000 commercial mortgage for an experienced care home provider. The loan will enable the client, The Lewis Group, to purchase...

North West SMEs bounce back after pandemic, yet trail behind regional leaders

SMEs in the North of England are ranked in the middle of the pack when it comes to growth prospects compared to other regions in the UK, according to a new...

United Trust Bank Asset Finance chooses Workato to power connectivity and integration to its new Alfa digital platform

United Trust Bank (UTB) has chosen leading enterprise automation platform Workato to provide the software integration layer which will enable the Bank to...

Saltare expands with hire of second Commercial Manager

UK based Saltare, the Early Payment FinTech, has appointed its second commercial manager to grow customer base with a primary focus on enrolling larger...

Finverity announces launch of its Emerging Leaders Programme (ELP)

Finverity, the mid-market supply chain finance platform focused on emerging markets, today announces the launch of its Emerging Leaders Programme (ELP). The...

Packaging specialist to invest for growth following £250,000 Reward Finance Group deal

A Leeds-based custom-made transit packaging supplier is embarking on the next stage of its growth plans after agreeing a £250,000 flexible funding deal with...

Aldermore provides £6.8m loan to Russell Armer Homes for Lancashire housing development

Aldermore has provided a £6.8m property development loan to Russell Armer Homes for its Bowland Fold housing development in Halton, Lancashire just a few...

Keen small businesses outline significant sustainability barriers

Despite the vast majority of small businesses saying they are focussed on addressing green issues, around nine in 10 small business owners (89%) say a...

Asset finance new business grew by 5% in May 2022

New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew...

Newly launched Bergen Finance provides £29m of secured loans in first half year from a standing start

Secured lending newcomer Bergen Finance has lent more than £29m in its first six months of trading, with a further £40m in legal diligence. Bergen, which is...

Syscap relaunches lending with Hampshire Trust Bank

Hampshire Trust Bank (HTB) has today announced that it is relaunching HTB Syscap, the lender of short-term loans to professional firms and SMEs, following its...

Female financial confidence is growing – but significant knowledge gaps remain

New research, launched today by independent financial education platform SmartPurse, has discovered that while female financial confidence is growing,...

Cash injection from Reward Finance Group helps South Yorkshire accountants unlock growth potential

An accountancy and business support firm with offices in Sheffield and Doncaster is set for growth after agreeing a funding deal with Reward Finance Group. The...

Pandemic and global security shocks shake up supply and demand

Economists from leading trade credit insurer, Atradius, have published their predictions on the future of global value chains and warned against businesses...

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....

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,...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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’...

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...

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...

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...

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,...

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...

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...

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,...

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...

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,...

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,...

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...

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...

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,...

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...

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 –...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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’...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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:...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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 –...

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...

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...

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,...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

“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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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%...

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...

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...

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...

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...

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...

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...

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)...

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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)....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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)...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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,...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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....

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...

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...

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...

‘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,...

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...

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...

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....

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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....

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...

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....

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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....

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...

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,...

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...

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...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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....

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...

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

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....

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...

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...

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...