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...

Fleet Mortgages appoints new Key Account Manager

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

SME developer boom pushes Shawbrook past £1bn lending milestone

Shawbrook Bank, the UK’s leading specialist lender, doubled the number of loans it made to property developers in the 12 months to April, reaching its target...

SME financial support needed if UK lockdown restrictions stay

With uncertainty around the government’s roadmap and easing of lockdown on June 21st, businesses have called for the government to bring forward a fresh...

Allica Bank appoints new Relationship Manager to bolster asset financing offering

Matt Ellery has joined Allica Bank as a relationship manager to boost its fast-growing asset finance division in the South East and Midlands. He will sit on...

Bibby Financial Services announces new hires to boost SME funding in North of England

SME funder, Bibby Financial Services (BFS), has announced two new hires to grow its support for regional businesses throughout the North East and Yorkshire as...

Together hires new BDM in South Wales as it bolsters its intermediary sales team

Experienced business development manager Michelle Walsh has returned to Together to drive the specialist finance provider’s growth in South Wales. Michelle,...

Atradius comments on end of Government Reinsurance Scheme

“The Government was fast to recognise the essential role trade credit insurance plays in enabling trade, protecting businesses from the risk of...

Chile open to international trade as economy rebounds

A robust economic rebound is expected for Chile in 2021 with a recovery of overseas imports, reports trade credit insurer Atradius. Businesses trading with...

First 4 Bridging partners with Nivo

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

New Government report shows steep fall in trade – with Brexit having a bigger impact than Covid

Today’s ONS report looking at the combined impact of Covid and Brexit shows trade with EU countries has declined 23.1%. The report also reveals Brexit...

G20 merchandise trade reaches record high in first quarter of 2021

Continuing the recovery initiated in the third quarter of 2020, international merchandise trade for the G20 reached record levels in Q1 2021, as measured in...

Presentation and report of the Fast Track Business Activation Mechanism

Nicosia, Cyprus – Antoun Massaad the CEO of Limassol based Cedar Rose was invited to speak at the press conference organised by the Ministry of Energy,...

Optimum Finance appoints Vicky Williams as new CFO

Specialist SME invoice finance company Optimum Finance has recruited Vicky Williams as Chief Financial Officer. Following the appointment of CTO Gordon...

PSR seeks views on next stages to deliver Confirmation of Payee by all banks

Today, the PSR has published its call for views on the second phase of delivering Confirmation of Payee (CoP), which is a name-checking service designed to...

The High Street fights back: strong April store sales hit e-commerce hard

In the latest round of the fight between the High Street and online sales, in-store sales dealt e-commerce a body blow, says the home delivery expert...

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...

Small businesses bounce back but concerns remain for Covid having a long economic tail

Excitement may be ramping up due to reduced social restrictions this week, but the long-term impact of COVID is the biggest worry for small business owners for...

Impact Specialist Finance appointed by Mojo Mortgages as a referral partner for complex customers

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

Evolution Money celebrates 10th Anniversary

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

Less family time, commuting & Covid – The mental health fears for those returning to work

Research from Ezra, the leading provider of digital coaching, has revealed that a quarter of UK office workers believe a return to the physical workplace may...

Shawbrook Group plc – Q1 2021 trading update

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

Aldermore provides £750,000 construction finance facility to support growth of Leicester-based family business

Aldermore bank has provided a £750,000 Construction Finance facility to NP Services Ltd, a family run metal fabrication specialist. Based in Leicester, the...

Kidbrooke partners with additiv to meet growing demand for financial health and pension planning tools

Kidbrooke, a leading provider of financial analytics APIs, confirmed today that they are making their range of holistic financial planning and analytics...

Almost a third of SME leaders optimistic about restrictions lifting in June, but fearful of future lockdowns

As we enter the next phase out of lockdown, research from Nucleus Commercial Finance reveals nearly a third (31%) of SME leaders are optimistic about all...

Indonesia: UK exporters must be in it for the long-term says Atradius

Businesses wanting to establish trade links with Indonesia need to be forward thinking, advises trade credit insurer Atradius. As the largest economy in...

LiveDesk named Remote Team Communication & Collaboration innovation of the year

Homeworking specialist Sensée is delighted to announce that its LiveDesk™ Digital Workplace Creation Tool was named Remote Team Communication &...

Mann Island Finance Lending Hits £1Bn

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

Business Confidence increases significantly with the successful vaccine rollout and a clear roadmap out of lockdown

The effect of Covid on the Savanta Business Confidence Index is clear to see. Confidence had rallied at Q1 2020 following the general election, plummeted with...

A bumper month for construction contract awards as the total value reaches £9.1 billion

In April 2021, contract awards increased by 58% compared to March to £9.1 billion. This level of activity was last seen in January 2020. The latest edition of...

City centres hotels must ‘pivot to prosper’ says RSM

City centre hotels must change their route to market to help secure a greater share of pent-up demand says RSM. The predicted sustained increase in consumer...

Furlough figures underscore challenge for MSPs

More than 300,000 jobs were supported through the Coronavirus Job Retention Scheme in the spring, according to official figures published last week and...

Allica Bank expands broker distribution team and increases commercial mortgage and asset finance maximum loan size

Allica Bank has appointed three Business Development Managers to further drive its broker distribution channel. The appointments coincide with a decision to...

Together hires new regional development manager in broker team shake-up

Specialist lender Together has hired a highly-experienced industry professional as a regional account manager for the North. Gary Lomax, who has worked in...

eBay moves into finance to help small businesses in Covid cashflow crisis

eBay UK today announces a landmark new finance program, Capital for eBay Business Sellers (CEBS), to help small businesses rebuild by delivering much-needed...

‘Scexit’: the free flow of goods at Scottish borders is vital in any independence planning

The Scottish Nationalist Party’s (SNP) victory in the Scottish Parliamentary elections could pave the way for a second referendum, as pro-independence...

MCI appoints UTB to its lender panel

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

Specialist lender Together appoints chief operating officer

A banking heavyweight with more than three decades’ financial services experience has joined specialist lender Together. Darren Clarke has been appointed the...

Hodge announces two new appointments to bolster its support for brokers

Hodge has announced the appointment of two new telephony business development managers, Cara Thompson and Alan Crawley, reinforcing its ongoing commitment to...

New alternative lender Blazehill Capital announces first new hire

New alternative lender Blazehill Capital is pleased to announce the appointment of Jake Hyman as Business Development Director, signalling its commitment to...

1.4 million SME leaders unaware of how new government support measures could help their business

As SMEs prepare for the next easing of lockdown restrictions, business owners across the country are still looking to the government for further support....

Asset finance market grew by 15% in March 2021

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

CHL Mortgages confirms National Accounts Manager and BDM team

Following last week’s announcement of their return to lending as an intermediary-only specialist buy-to-let lender, CHL Mortgages has confirmed appointment...

Forums International Welcomes a New Ambassador to the Team

Forums International is delighted to welcome Jon Swan to the team as our Ambassador and brings a wealth of experience to our membership as we continue to grow...

UK importers are still reeling from increased Brexit costs and delays, warns ParcelHero

New Government figures released yesterday revealed many businesses are still overwhelmed by the impact of Brexit. Over 39% of importers reported they are still...

Specialist Mortgage Group appoint new Head of Y3S Bridging & Commercial

Specialist Mortgage Group (SMG), the group of packaging firms committed to specialist finance, has today announced it has appointed a new Head of its Y3S...

UK SMEs to invest an average of £150,000 as post lockdown optimism grows

The UK government’s plans to ease lockdown restrictions have seen a surge in optimism from SMEs, according to the latest Covid-19 Pulse survey from business...

Furlough figures fall by half a million as the doors open again

The numbers on furlough fell half a million – to 4.2 million by the end of March. They had risen from 4 million in December to 4.9 million in January,...

York automotive engineers gear up for growth and new jobs with £200k cash injection from Reward Finance Group

York-based specialist automotive engineers, ProSpeed, is to create six new jobs and plans are now in place to double the size of the 15-strong workforce over...

Foundation Home Loans cut fees on Limited Edition Limited Company products

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

Trading report provides insight into Turkish market

A trading report giving insights into the Turkish market has been published by leading trade credit insurer Atradius. The Turkey Country Report analyses the...

Swishfund will offset ten tons of carbon for every new customer

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

Research Reveals UK SMEs Beset By An Average Of £130,000 In Late Payments

Despite all lockdown restrictions lifting on 21st June, the number of delayed invoices owed to small businesses in the last 12 months – which, on average,...

United Trust Bank seeks new Asset Finance Head of Sales as Keith Sangwin announces his retirement

United Trust Bank (UTB) has begun the search for a new Head of Sales for its Asset Finance division following Keith Sangwin’s decision to retire at the end...

United Trust Bank provides £5.3m funding to Apex Capital Partners for South London site assembly plan

United Trust Bank (UTB) has financed the acquisition of two light industrial premises as part of a site assembly plan by Apex Capital Partners which could lead...

Commercial aerospace sector faces immediate uncertainty following pandemic but expected to recover strongly

The global impact of the COVID pandemic has been dramatically felt by the global aerospace sector, which almost overnight suffered a catastrophic collapse in...

Fiduciam completes €10m loan for Barcelona development during COVID-19

Fiduciam, the short-term and marketplace lender, has completed a €10million loan to enable a developer to refinance its banking debt and fund the balance of...

Fleet Mortgages’ Q1 2021 Rental Barometer shows strong quarterly growth

Fleet Mortgages, the buy-to-let specialist lender, has today launched the fifth iteration of its Buy-to-Let Rental Barometer covering Q1 2021 rental yields...

UK businesses forced to furlough accounts payable staff during lockdown

41% of UK Finance decision makers have had to place accounts payable staff on furlough in at least one of the lockdowns over the past 12 months, according to a...

Together funds Fluent Money’s first ever bridging loan

Together has provided finance for Fluent Money Group’s first short-term loan following its launch into the bridging market. The established specialist broker...

Birmingham based medical group receives £900,000 funding to support growth

Bibby Financial Services (BFS) has provided a £900,000 Trade Finance and Invoice Finance facility to Henly Arthur Ltd, a member of V2M Healthcare Group. Henly...

Will High Street stores turn to the dark side to survive their battle with e-commerce?

A new study by the home delivery expert ParcelHero reveals the store of tomorrow might replace shoppers with robots and stock with digital screens. The...

Help to Build will be a huge boost for self build sector, says BuildLoan

BuildLoan welcomes the Government’s announcement on the Help to Build scheme as it offers wider opportunities for people to build or customise their own...

Blazehill Capital launches to provide credit and working capital funding to UK mid-market businesses

Today, 26 April 2021, marks the launch of Blazehill Capital, a new alternative lender focusing on providing credit and critical working capital funding to...

SME leaders hopeful of making up lost revenue caused by Covid-19 within a year

SME leaders believe it will take on average 12 months for their businesses to make up for lost revenue caused by the COVID-19 pandemic, according to research...

Scottish business optimism rises as wider economy re-opens

Confidence is rising among Scotland’s local and independent firms, according to new research from the Federation of Small Businesses (FSB). As retail and...

Lockdown versus lockdown: online sales rocketed 62% this March over lockdown March 2020

Despite the temptations of an imminent return to shopping in ‘real’ stores, March online sales still boomed 0.6% against February’s sales and over 60%...

Foundation Home Loans launch new 90% LTV residential products

Foundation Home Loans, the intermediary-only specialist lender, has today launched a new suite of residential products. The new F1 product range includes new...

Nucleus Commercial Finance enhances business growth loans to support more SMEs

Nucleus Commercial Finance, one of the UK’s leading fintech lenders, has today announced enhancements to its Business Growth Loans, helping to support more...

New offices and new jobs announced as Reward Finance Group breaks another record

Reward Finance Group delivered its strongest ever new business performance in March, resulting in it breaking through the £90m lending milestone for the first...

Hope Capital comments on HMRC Property Transaction figures

Commenting on the HMRC transaction figures, Jonathan Sealey, CEO at Hope Capital said: “The figures from HMRC this morning are remarkable even when you take...

Avetta enhances and speeds legal risk compliance for suppliers through new eSignature service

Avetta announced today it is now offering legal risk compliance with its eSignature service so suppliers have a legal way to digitally and remotely sign...

UK recovery accelerates as number of sector in growth mode hits six-month high

The number of UK sectors reporting output growth rose to a six-month high in March, according to the latest Lloyds Bank UK Recovery Tracker, as businesses...

United Trust Bank appoints Paul De Croos as Head of Originations – Property Development

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

YouGov poll reveals one in five SMEs have changed recruitment plans as a result of successful vaccine rollout

New research has revealed that nearly a fifth (19%) of SMEs in the UK are planning to recruit more staff for new roles following the UK’s successful vaccine...

First 4 Bridging partners with Roma Finance for semi-exclusive bridging loan

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

Bibby Financial Services launches £300m pandemic recovery fund to support UK SMEs

International SME funder, Bibby Financial Services (BFS), has announced a £300m Pandemic Recovery Fund to support SMEs as lockdown restrictions are lifted...

Shawbrook Bank – FY20 results

Shawbrook Bank, (“the bank”) said it was ideally positioned to continue supporting customers through the economic recovery after posting a “resilient and...

Fleet Mortgages announce range of criteria changes

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

Finverity pinpoints 3 key drivers for supply chain finance as an asset class

The collapse of Greensill, the financial services company backed by Softbank, has drawn worldwide attention to the supply chain finance sector whilst...

Positive signs for the travel sector as hotel & flight searches increases for the first time in 2021

Research by Butter, the UK’s only Buy Now Pay Later (BNPL) travel agency, has found that UK holidaymakers are starting to ramp up the search for some summer...

High streets banks struggle to retain consumer trust in an increasingly digital world

More than eight in ten (81%) Brits claim trust is the deciding factor on their purchasing journey, yet more than three quarters (76%) admit they lack trust in...

F​intern raises £32m to expand access to affordable loans in the UK

On the back of their public launch in March, London-based startup Fintern has announced that it has raised £32m in equity and debt funding. The equity funding...

New survey paints positive picture of Employee Engagement during lockdown

Throughout lockdown, business leaders have debated the tricky issue of how best to engage and support their people while working from home. However, according...

UK exports tumble -18.3% as ParcelHero warns that non-EU countries won’t fill the Brexit void

The official UK trade figures for February make grim reading for Britain’s manufacturers and retailers, says the international delivery expert ParcelHero....

Foundation Home Loans adds ‘Green Reward’ remortgage to residential range

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

Homeowners not worried about market cliff edge, but won’t sell if house prices dip

The latest research by homebuying platform, Yes Homebuyers, has found that homeowners aren’t worried about the potential cliff edge facing the UK property...

Landbay increases flexibility and lowers rates

Buy-to-let lender Landbay is adapting its market leading product range to add flexibility for intermediaries and their clients. The award-winning lender is...

ONS post-Brexit trading stats: expert comment

The ONS have released the UK’s trading statistics for Februrary, revealing a 12% year-on-year decline in UK exports to the EU, although there was a 20%...

CIBA appoint Antoun Massaad as Executive Committee Member

The Cyprus International Businesses Association has announced the appointment of Antoun Massaad the CEO of global business intelligence company Cedar Rose. He...

Small business growth forecasts hit two-year high

Small business growth forecasts have finally returned to pre-Covid levels – with London, the South East and Yorkshire driving resurgent small business...

Quarter of SME leaders optimistic about reopening their business, but many report anxiety and stress

As businesses reopen their doors today, research from Nucleus Commercial Finance today reveals a quarter (25%) of SME leaders feel optimistic about reopening...

Capital raising key for clients – latest Knowledge Bank Tracker results reveal

New research from criteria search specialist Knowledge Bank shows that homeowners are utilising second charge mortgages to raise money to invest in buy-to-let...

United Trust Bank appoints Jon Mote to new Specialist Business Development role in Asset Finance

United Trust Bank (UTB) has appointed Jon Mote as the Head of Specialist Business Development – Asset Finance in a further move to develop its presence in...

Asset finance market grew by 1% in February 2021

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

Together provides nine-hour commercial bridge secures client’s office investment

Together and First 4 Bridging joined forces to deliver a £400,000 commercial bridging loan in just nine working hours to help an investor expand his...

Hanley Economic BS celebrates national workplace award

Hanley Economic Building Society has been recognised as one of the UK’s Best Small Companies to work for in 2021. The Society gained a 3-star accreditation,...

United Trust Bank funds £6.7m development in Cumbria by Genesis Homes

United Trust Bank (UTB) is funding a development of 25 family homes on the edge of the Lake District National Park. The development, situated in the Cumbrian...

Nexus Global reveals that business confidence in the UK has risen by 9.7% since last year

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

Covid crisis makes self-employment less attractive, warn firms

Three fifths of business owners in Scotland say that the covid crisis has made self-employment less attractive, according to a new study of Scotland’s...

Aryza Lending Solutions Provides Over 200 Lenders with Access to the Vulnerability Registration Service

Aryza Lending Solutions, part of the Aryza Group has become the latest organisation to join the Vulnerability Registration Service (VRS) as a member to help...

Childhood dream becomes reality for leisure operator following £300,000 investment from Reward Finance Group

Carol Gerrard-Hughes has realised a childhood dream by investing £300,000 to improve the Forest View pub and caravan site in Oakmere, Northwich using a...

Joint Administrators of H M Project Developments Ltd (In Administration) (“HMPD”) announce major environmental restoration project

Benjamin Wiles and Steven Muncaster of Duff & Phelps Ltd. were appointed Joint Administrators of H M Project Developments Ltd (“HMPD”) on 30 April...

United Trust Bank and Aprao team up to promote the benefits of ‘PropTech’ solutions

United Trust Bank (UTB) and PropTech provider Aprao have announced a collaborative relationship to promote the benefits of digital solutions in the development...

Founding Directors depart Y3S Bridging & Commercial as Specialist Mortgage Group acquire full share capital

Specialist Mortgage Group (SMG), the group of packaging firms committed to specialist finance, has today announced it has acquired the full share capital from...

Suez is not the only block to global trade

“The Suez canal disruption has the potential to cost the world economy up to $10bn in lost trade for each week that the Ever Given blocks the canal, adding...

Retail’s 2.2% sales rise is ‘dead cat bounce’, says ParcelHero

Figures released today by the Office for National Statistics (ONS) show a slight rise of 2.2% in the value of retail sales against last month (February). This...

ICTF announces the establishment of a new Pharmaceutical, Healthcare Products & Medical Equipment International Credit Group

The general purpose of the Group will be to exchange and discuss, during regular meetings, relevant historical credit information and credit management...

Allica Bank appoints four new relationship managers to boost broker support and drive new lending

Allica Bank has made four appointments to its award-winning Business Relationship Manager team to further strengthen its operational capacity in commercial...

Trading company and high rise buy-to-let now available at Landbay

Specialist lender Landbay has launched a range of buy-to-let products for trading limited companies purchasing or remortgaging standard properties, HMOs and...

Reward Finance Group named as one of the 50 fastest growing companies across Yorkshire

Reward Finance Group has capped its tenth anniversary by being included in a list of Yorkshire’s Fastest 50 Awards. The prestigious awards were established...

Global trade trends accelerated by pandemic: Atradius white paper

The pandemic has vastly accelerated the pace of change to global trade, according to experts in a new white paper from trade credit insurer Atradius. The new...

Inclusive female-led lender approves £4m to UK SMEs in 12 months of CBILS

A year since it was awarded CBILS lender status, responsible lender, AskIf, can now reveal it has approved close to £4m to deserving SMEs and microbusinesses,...

Light at the end of the tunnel: a third of SME leaders optimistic for year ahead

After facing the biggest challenges on record in the past 12 months, SME leaders believe there is light at the end of the tunnel, with a third optimistic about...

Global demand for UK technology drives recovery in February

The number of UK sectors reporting output growth doubled in February, led by a strong performance from technology equipment manufacturers, according to the...

UK House Building On Course For Record Numbers Having Shrugged Off Covid

Unsurprisingly, mid-2020 saw a sharp decline in house building with both starts and completions plummeting to well under 20,000 units in Q2 from the recent...

Survey finds business leaders are optimistic about Brexit but fear it will impact resiliency of the supply chain

Avetta surveyed more than 120 business leaders and found they expect Brexit to have the biggest impact on the resiliency of the supply chain in the short term...

Regional trade agreements under spotlight

The global pandemic has presented a stark reminder to businesses throughout the world of how political decisions can impact cash flow. Looking ahead through...

Mann Island Finance Lending Hits £0.5Bn

Mann Island Finance has established itself as a mainstream lender over recent years and in the last eventful year has stepped up its lending activity, working...

Major eco-homes development to take shape after £4m land deal

Pioneering property developer Citu has agreed a £4million land deal with specialist lender Together. Together has so far invested more than £25m into...

Small firms cheer roadmap but warn of long recovery

First Minister Nicola Sturgeon today set out dates for the lifting of most coronavirus restrictions in Scotland, including those related to independent shops,...

Just Mortgages trains brokers to build businesses

National broker firm Just Mortgages is conducting virtual training for its self-employed brokers to support them to grow their own businesses. These sessions...

Covid debt putting 150,000 renters at risk of eviction, says StepChange

StepChange has today warned that 150,000 private renters are at risk of eviction when restrictions are lifted as a result of mounting covid-related rent debts....

New business report on Mexico from Atradius

Trade credit insurer Atradius has published an overview of the impact of the pandemic on Mexico in a new trading report for businesses. As the 15th largest...

Specialist lender Together completes £200m securitisation

Together, one of the UK’s leading specialist loan providers, has completed its first small balance commercial mortgage backed securitisation. The...

Asset finance market fell by 16% in January 2021

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

Comment ONS figures: “Green shoots of recovery starting to show”

Following the ONS figures – which found the construction industry grew by 0.9% in January – Fraser Johns, finance director at Beard, said: “These latest...

BFS provides £2.5m funding facility to drive growth for haulage business

Independent SME funder, Bibby Financial Services (BFS), has provided a £2.5m funding facility to Brit-Pol Limited, a haulage specialist with a decade of...

Britain getting on: Brits predict businesses will prosper as the UK starts life outside the EU

More than three fifths (62%) of people who originally voted to remain in the EU believe there will be favourable outcomes for British businesses following the...

Comments on British Business Bank report on SME lending

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

Fintech MarketFinance returns record start to the year as it reaches profitability

Fintech business lender MarketFinance has kicked off 2021 with a significant increase in lending volumes. Year to date, MarketFinance has deployed over £64m...

Hitachi Capital Business Finance news: 50% of introvert bosses likely to keep aspects of home working post lockdown

A new study by Hitachi Capital Business Finance suggests that the majority of small businesses (less than 50 employees) in the UK are run by introverts, and...

Brexit crisis escalates as EU threatens legal action and ParcelHero reveals £5.25bn e-commerce slump

Britain’s unilateral decision to shelve the next phase of Northern Ireland border checks has left the EU threatening legal action, while a new ParcelHero...

United Trust Bank reports a 31% increase in new lending in 2020

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

Two in ten Brits in favour of a cashless society

The argument for a cashless society has been around for a while, but the rapid rise of the Coronavirus crisis has intensified the debate again amid concerns...

United Trust Bank makes five appointments to its Development Finance team

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

Nucleus Commercial Finance launches post-CBILS product to support SMEs

Nucleus Commercial Finance, one of the UK’s leading fintech lenders, has today announced the launch of Business Growth Loans. This is the first product of...

United Trust Bank opens the door to its new broker Zoom Room

United Trust Bank (UTB) has launched its new broker ‘Zoom Room’; A virtual meeting place for mortgage and property finance brokers to stay connected with...

Landbay becomes Europe’s twelfth fastest growing company – as listed in FT1000 Fastest Growing Companies

Landbay, one of the UK’s leading buy-to-let lenders, has been classified as one of the fastest growing companies in Europe. It reached an astounding number...

Zephyr Homeloans reduces rates on its five-year, fixed-rate, standard buy-to-let loans for a limited time

Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has reduced rates on its five-year, fixed-rate, standard buy-to-let loans for...

Sunak’s give-and-take Budget won’t rescue retail or bail out business, fears ParcelHero

The unprecedented national debt created by the impact of the Covid pandemic means Chancellor Rishi Sunak could not produce the Budget to save many struggling...

FSB in Scotland on UK Budget

Chancellor Rishi Sunak has delivered his Budget for the next financial year, renewing and extending many measures designed to mitigate the economic impact of...

Chirag Shah, CEO, Nucleus Commercial Finance comments on today’s Budget – SME focus

Following the Chancellor’s announcement of an extension to the furlough scheme and an extension of business rate relief until the end of June, Chirag...

Research shows $14 trillion in global Covid fiscal measures have worked

Fiscal measures totaling $14 trillion around the world have proved effective in mitigating the pandemic’s economic effects, says a new paper from Cambridge...

Landbay launches new product range to cater for increasing number of new landlords

Landbay, one of the UK’s leading buy-to-let lenders, has today launched a new range of products dedicated to non-portfolio landlords looking to invest in...

Small businesses plan for growth but one in two fear the long tail of Covid

Schools may be going back and the UK may be bracing itself for the easing of Covid restrictions by 21 June, but the long tail of Covid is still causing the...

March 3rd budget: more government-funded business loans aren’t a sustainable long-term solution

Martin McCann, CEO of Trade Ledger, the global technology provider to the commercial banking and financial services industry, provides the following comment...

‘Happy holiday home’: five-day funding for stunning seaside cottage

A property investor seized the opportunity to buy the family seaside cottage where he spent his childhood holidays with a £557,000 short-term loan from...

CPS urges Chancellor to help private sector drive recovery

As the Chancellor prepares for Wednesday’s Budget, his immediate priority is to continue to support the economy through the final stages of the pandemic....

Landbay launches revolutionary buy-to-let calculator

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

As talks fail to strike a Northern Ireland deal, customs chaos will only get worse, says ParcelHero

Delays and red tape on goods sent between the UK and Northern Ireland (NI) are set to increase significantly following the failure of a key UK-EU meeting, says...

Optimum Finance scores ex-Microsoft Director as new CTO

Invoice finance firm Optimum Finance has appointed ex-Microsoft Global Director, Gordon McIntosh, as Chief Technical Officer furthering their specialism in the...

Together Financial Services Limited – Q2 Results

Together Financial Services Limited (‘Together’ or ‘the Group’), one of the UK’s leading specialist mortgage and secured loan providers, announces...

UK online shoppers outspend the world and won’t kick the habit when the High Street reopens in April

England’s eagerly awaited non-essential stores’ reopening date of 12 April may come too late to stop a permanent change in the way Brits shop, says the...

Time to bounce back, 52% of SMEs in Europe relied on loans to survive pandemic

CapitalBox, the leading pan-European online lending platform for SMEs, today unveiled research that shows more than half of European SMEs relied on loans to...

Work begins to breathe new life into historic mill with help from Reward Finance Group

A former flax mill in Cleator, near Whitehaven which played a significant role in the development of rights for women workers following a strike by the female...

Pandemic continues to disrupt rental plans for 76% of tenants

Research from the international rental marketplace, Spotahome, has found that the majority of UK tenants feel safe within the rental market, however, 76% have...

Lessons should be learned from Bounce Back Loan fraud, says SmartSearch

SmartSearch, the UK’s leading anti-money laundering (AML) solution provider, has called on lenders, brokers and conveyancers to learn the lessons from the...

Less than one in 10 SME leaders feel supported during the current lockdown

As the UK’s third national lockdown continues, just 8% of business leaders feel supported, research from Nucleus Commercial Finance today reveals.1 Half...

£4 million facility opens doors for Yorkshire manufacturer

Bibby Financial Services (BFS) has provided a £4 million Invoice Discounting Facility to investment group Modular Group Investments to support the acquisition...

Together teams up with Legal & General to offer short-term finance through its digital platform

Specialist lender Together has added its bridging products to Legal & General’s digital criteria service designed to improve the process of brokers...

Encompass Corporation appoints technology executive Daryn Edgar to Board

Encompass Corporation, the fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, has appointed technology executive Daryn Edgar...

Government-backed loans for smaller builders not enough, claims industry

A new stream of construction loans of up to £10m for SME developers has been launched by the government housing delivery agency Homes England and United Trust...

Roma Finance appointed to MCI’s lender panel

MCI Mortgage Club continues at pace to expand its panel with the addition of specialist lender Roma Finance. The latest lender to join the panel gives MCI...

First 4 Bridging appoints Key Account Manager

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

FTBS taking three years longer to get on the property ladder

Research by home buying platform, Yes Homebuyers, has revealed that the time it’s taking for first-time buyers (FTB) to save for their first home has grown...

Fleet Mortgages cut prices on two- and five-year fixes across all ranges

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

2 in 3 builders say new Government VAT policy will lead to cashflow issues and confusion, warns FMB

The Government must scrap new tax policy ‘reverse charge VAT’ to show they are listening to builders and protecting jobs, according to the Federation of...

35% of UK importers are struggling at borders and N. Ireland trade is collapsing warns ParcelHero

The latest Office for National Statistics (ONS) economy figures show businesses are reporting spiralling Brexit challenges. Doubt has also been cast on the...

The Covid long tail for businesses

With global geo-politics in flux, combined with the disruption and turbulence caused by COVID-19 and Brexit, times are tough for UK business. Innovation and...

Subdued levels of activity in January but certain sectors shone

The total value of contract awards in January 2021 was £4.3 billion, a decrease of 12% on December 2020 and also 10% lower than the monthly average in 2020...

West One Loans Buy-to-Let extends borrower exposure to £5m

West One Loans’ buy-to-Let division has announced major criteria changes which will see maximum borrower exposure limits raised by more than three times...

Hanley Economic BS temporarily halts new lending to complete system overhaul

Hanley Economic Building Society has temporarily halted new lending in order to complete the final stage in the overhaul of its mortgage processing platform....

Reward Finance Group adds to Manchester team as deals continue to rise

Reward Finance Group in Manchester is expanding its team further by appointing Christine Daly as portfolio executive, following another impressive 12 months....

Asset finance market fell by 6% in December 2020

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

The PSR plans to bolster protections in payments

Today, the PSR launches two calls for views exploring greater protections for everyone using payment systems: one relating to the protections against APP...

Hospitality and leisure sectors face further disruption and uncertainty with third national lockdown, reveals Duff & Phelps

Business owners across the hospitality and leisure sectors throughout the UK need to take stock and prepare themselves for yet another turbulent year as the...

Debate and research project announced

CCRMagazine and HighRadius are set to produce a new virtual-round-table debate looking at the challenges facing professionals working in the order-to-cash...

Could the Year of the Ox bring a UK property market crash?

While thousands around the world prepare to celebrate Chinese New Year this Friday, welcoming in the Year of the Ox as they do, property market analysis by...

First 4 Bridging launches the F4B Network

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

New US Country Report by Atradius

The United States can anticipate a robust economic rebound in 2021, with political uncertainty decreasing and an injection of fiscal stimulus, reveals the...

Trade Ledger raises £13.5 million in Series A funding

Trade Ledger, the global technology provider to the commercial banking and financial services industry, has raised a total of £13.5 million to complete its...

United Trust Bank steps in to refinance £2.7m Guildford development

United Trust Bank (UTB) has agreed to refinance a £2.7m high quality apartment scheme by Clearview Developments by providing a £1.8m Sales Period Loan....

Comment: Debt levels soar for UK businesses

Figures from EY have shed light on soaring debt levels for UK businesses as a result of the pandemic, with businesses on course to have borrowed £61bn by the...

Comment: Boohoo’s Dorothy Perkins purchase – Are e-commerce giants buying out the high street?

Today’s news of Boohoo acquiring Dorothy Perkins and Burtons, the final sale and piece of the puzzle of the Arcadia Group, serves as a warning towards...

At least three in 10 SMEs will be forced to shut if lockdown is extended

With the third national lockdown already involving an extension until March 8, new research from Nucleus Commercial Finance today reveals that at least three...

Britain’s superstar exporters to ignite the next generation of top international exporters

Britain’s superstar exporters could pave the way for their intermittent counterparts and help add an estimated £4.4 billion to UK exports per year,...

Construction and building firms must be prepared for major VAT change

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

Together refreshes its commercial and personal finance ranges

Together has lowered rates on its specialist mortgages and bridging loans in a refresh of its product range. The lender has repriced its five-year fixed-rate...

‘Zombie’ stores will plague High Streets for months, warns ParcelHero

‘Zombie’ stores – whose name and online business have been taken over but whose physical stores remain half-alive while stocks are cleared – could...

Banking expert is latest director to join Begbies Traynor Group’s advisory team

Experienced banking specialist Martyn Shakespear is joining Begbies Traynor Group as the leading specialist professional services provider builds its advisory...

How Many Insolvencies Will 2021 Bring?

New data from Euler Hermes insurers confirms predictions that 2021 is likely to bring a flood of corporate insolvencies throughout the world’s largest...

United Trust Bank targets larger Asset Finance transactions with new Credit appointment

United Trust Bank (UTB) has appointed Oliver Hobday as Underwriter in its Asset Finance Credit team in preparation of further business growth in 2021....

FSB in Scotland on lockdown extension

Scotland’s stay-at-home lockdown will continue for another month, Ministers have announced. However, the First Minister has stated that primary schools and...

New partner appointed at Warwickshire accountancy firm

A leading regional accountancy firm has bolstered its leadership team with the appointment of a new partner to support the development of its corporate...

Fraudsters continue to use pandemic to steal money and information from the public

Cifas, the UK’s leading fraud prevention service, is highlighting the latest coronavirus scams from the past week, and warning the public to stay vigilant of...

What happened to the ‘free trade agreement’? The Government must sort out online sales from the EU

Boris Johnson claimed he had secured a ‘cakeist’ Brexit deal, meaning Britain can have its cake and eat it. But the leading international delivery...

New India Country Report from Atradius

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