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Commercial Credit News
New bridging lender is the latest member to join the ASTL
Thursday, 16 March 2017
Aspen Bridging Ltd is the latest member to join the Association of Short Term Lenders (ASTL).
Forum of Private Business welcomes NI U turn
Thursday, 16 March 2017
The Forum of Private Business welcomes the Chancellor's reconsideration of his plans to increase Class 4 National Insurance announced in the budget on the 8th March. 
FSB: Self-employed breathe sigh of relief as tax move axed
Thursday, 16 March 2017
Chancellor Philip Hammond has revealed his government will not proceed with planned increases to National Insurance contributions for the self-employed. 
Food wholesaler shows appetite for growth with £500,000 finance facility
Wednesday, 15 March 2017
Eureka Produce, a supplier of fresh produce and catering supplies to leading hotels and restaurants based in Wellingborough, Northamptonshire, has announced that it has agreed a new finance facility worth £500,000 with Aldermore, the specialist bank. 
Reward Finance Group helps create new jobs and 70 percent increase in turnover
Wednesday, 15 March 2017
New jobs and impressive increase in turnover following £250,000 makeover of Belthorn restaurant.
Henry Howard Finance continues growth journey
Tuesday, 14 March 2017
Leading independent finance provider, Henry Howard Finance (HHF), has added to its ambitious management team as it seeks to build on its recent success.  
New Head of Risk for Atradius UK
Tuesday, 14 March 2017
Trade credit insurer Atradius has appointed Mike Thomas as Head of Risk Services for UK & Ireland.  
SMEs put dampener on wider trading aspirations for UK
Tuesday, 14 March 2017
UK SMEs overwhelmingly see Germany as the most important country to the economy, according to the latest SME Confidence Tracker from business funder, Bibby Financial Services (BFS).  
FSB in Scotland on prospect of second independence referendum
Monday, 13 March 2017
Today First Minister Nicola Sturgeon outlined the Scottish Government’s intention to hold a second independence referendum. 
Strong start to 2017 for asset finance market
Friday, 10 March 2017
New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 16% in January, compared with the same month in 2016.  
Budget reaction from Benson Hersch, Association of Short Term Lenders - on the OBR forecast and debt
Thursday, 09 March 2017
Benson Hersch, CEO at the Association of Short Term Lenders, says “The biggest risk the UK faces is the level of both personal and government borrowing. It is this that jeopardises both the level of housing investment and our ability to withstand any shocks that the Brexit process may bring.  Only a few years ago the previous Chancellor said government borrowing would peak at what sounded like the horrendous amount of 80% of GDP; in the budget today Philip Hammond declared that will now reach 88% of GDP in the 2018/19 financial year.  Each year we spend £50billion on debt interest.   That's more than on defence or foreign aid. 
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