CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Peer-to-peer lender to ramp up support for UK SMEs
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Peer-to-peer lender to ramp up support for UK SMEs PDF Print E-mail
Friday, 09 September 2016
Peer-to-peer lending platform RateSetter has appointed five business finance relationship managers, signalling its intention to step up its support for businesses across the UK. 

The new managers, and their respective regions, are:

• Andy Heaton, North West England
• David Hales, Hampshire and surrounding counties
• Lee Ford, Wales and South West England
• Mark Storey, North East England and Yorkshire
• Raj Chahal, East Midlands

RateSetter has now lent more than £250m to UK businesses, but it has identified several key regions where it believes that creditworthy SMEs are significantly underserved.

The relationship managers join from companies including Metro Bank, Bibby Financial Services and RBS.

RateSetter offers loans from £25,000 to £2m, with terms of three months to five years. All loan purposes are considered, and RateSetter provides a lending decision within two days in principle – with funds typically available within ten days.

Since the start of the year, RateSetter has brought in a number of experienced senior business finance experts in a move to boost its SME lending capabilities.

Brian Cartwright, RateSetter’s Head of Business Finance commented: “These new relationship managers are a great addition to our team. Businesses and introducers want to talk to someone knowledgeable who can give them a straight answer and help where required – with great tech and great people we’re building up a first-class business team and providing finance which will enable UK SMEs to grow and increase their productivity."
 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197