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Commercial Credit News
Buy-to-let market has topped out but sill showing signs of resilience
Thursday, 14 September 2017
Last year’s gross mortgage lending figures for the buy-to-let market are likely to be the top level we will see for some time, according to David Whittaker of Mortgages for Business.  
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SFP completes sale of four care homes and maintains care for residents
Thursday, 14 September 2017
Nationwide insolvency practitioner, SFP, has completed a sale of the business and assets of South Yorkshire Care Limited, ensuring the essential care provided to elderly and vulnerable residents continued without interruption, and saving the future of all 101 employees.  
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Jobs figures will cheer local businesses
Wednesday, 13 September 2017
Scotland’s unemployment rate has fallen to 3.8%, below the UK figure of 4.3%, according to official statistics published today. 
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CMF Capital Defies Brexit Gloom to Post Record Funding Figures to UK Business
Wednesday, 13 September 2017
CMF Capital, one of the UK’s leading independent asset intermediaries to UK SME and mid-tier businesses has announced record lending figures during its last financial year. This increase in funding levels and total number of deals completed is in despite of the uncertainty of Brexit headwinds and the continued flow of billions in funding subsidies the Bank of England provides the major UK banks.
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Lender Fiduciam, makes possible the launch of iconic TVR sports car
Monday, 11 September 2017
Bridging and marketplace lender Fiduciam, has facilitated the launch of the new TVR sports car by providing a funding line for both the factory, based in Wales, and the development and manufacture of the car.  
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Asset finance industry funds a third of UK business investment
Monday, 11 September 2017
New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) for deals of up to £20 million grew by 6% in July, compared with the same month last year. Including high value deals, new business fell by 1% over the same period.  
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Lender Fiducium, makes possible the launch of iconic TVR sports car
Friday, 08 September 2017
Bridging and marketplace lender Fiducium, has facilitated the launch of the new TVR sports car by providing a funding line for both the factory, based in Wales, and the development and manufacture of the car.  
Read more...
 
Lightning Speed Business Finance for UK SME
Friday, 08 September 2017
A Nottinghamshire SME is on track for expansion with the support of their new Invoice Finance partner Regency Factors. On board to support this SME, Regency has delivered a £1.2 million facility. With combined experience of over 40 years in all aspects of lightning protection and earthing systems, our client installs, tests and maintains lightning protection and earthing systems across various sectors of industry such as hotels and police stations.  
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Moore Stephens becomes CICM corporate partner
Friday, 08 September 2017
Moore Stephens, the top ten accounting and advisory company, has joined the growing ranks of leading organisations to become a Corporate Partner of the Chartered Institute of Credit Management (CICM).  
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New workforce fund won’t be open to smaller businesses, warns FSB
Friday, 08 September 2017
The Scottish Government has launched a new £10 million workforce development fund which won’t be open to almost all Scottish small firms. 
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Bibby Financial Services provides £1.6m funding to Toolspec Manufacturing
Thursday, 07 September 2017
SME funder Bibby Financial Services (BFS) has agreed a £1.6m funding facility to Toolspec Manufacturing Company Limited. The new facility is a combination of Invoice Discounting and Asset Finance. 
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