Industry and broker news

02/12/2021

Strong growth in private sector activity continues into three months to November

Private sector activity grew at a similarly strong pace in the quarter to November as the previous month (balance of +32% from +29%). Activity has now been growing at an above average pace for seven consecutive surveys, according to the CBI’s latest Growth Indicator. The composite measure is based on responses to CBI surveys from 551 firms between 26 October and 16 November. Growth remained broad-based and above average across all subsectors. […]

02/12/2021

Metro Bank enhances its BTL range

The specialist lender introduces a number of enhancements for buy-to-let (BTL) customers These include offering BTL loans at up to 80% LTV with rates reduced on 5 year fixed products The Bank has also reduced its affordability stress rate for 5 year fixed products, whilst streamlining the documentary requirements for self-financing BTL loans Metro Bank […]

02/12/2021

Time Finance appoint Jake Bebbington to support Northern business growth

Time Finance are delighted to announce that they have appointed Jake Bebbington as business development manager to drive their Commercial Loan offering in the North of England. The newly created role is reflective of the firm’s commitment to providing funding solutions that inspire growth and prosperity to UK SMEs across the nation. Jake joins Time […]

02/12/2021

Brickflow issues record number of loan terms for November

Brickflow, the UK’s first search engine for development finance, reports a record number of loan terms – £88m – were issued through its deal forum in November. The deal forum is similar to a competitive tender process; developers input their project details and Brickflow’s algorithms select the lenders most likely to make a loan offer. […]

02/12/2021

2021 performance boosts small business confidence

Two-fifths of small businesses (43%) report that their performance is back to pre-pandemic levels, with nearly a third (30%) stating they are performing better than they were in February 2020. The research from Enterprise Nation and Starling Bank reveals that while 40% of businesses are yet to bounce back, more (43%) say they are recovering […]

01/12/2021

Birmingham-based cloud and cybersecurity provider secures a £1,000,000 investment

METCLOUD, the innovative cloud and cybersecurity provider, has secured £1,000,000 funding from Midlands Engine Investment Fund (MEIF) West Midlands Equity Fund, managed by Midven, part of the Future Planet Capital Group, for its multi-award-winning platform. Launched in 2017, Birmingham-based METCLOUD has rapidly established itself as one of the most innovative cybersecurity and cloud technology providers in the UK. […]

01/12/2021

CRMs sustainability policies recognised by global ratings scheme

A proactive approach to sustainable policy-making at Cerberus Receivables Management (CRM) has been recognised by a leading global sustainability rating scheme. The Salford-based specialists in recovery and realisation of receivable assets were invited to submit to the EcoVadis Sustainability Assessment by NatWest as one of their preferred suppliers in support of the bank’s mission to […]

01/12/2021

B4B Payments partners with Sentinels to support anti-money laundering compliance across European markets

Sentinels, Europe’s leading transaction monitoring platform, today announced a partnership with leading global provider of card issuing solutions for businesses, B4B Payments. The Sentinels platform will facilitate B4B Payments in meeting anti-money laundering (AML) compliance requirements by improving the accuracy of fraudulent transaction detection across its portfolio of products. A leader in innovative fintech solutions, […]

01/12/2021

Rainbow Bright Childcare in Dundee sold to experienced operators

Specialist business property adviser, Christie & Co, has announced the sale of Rainbow Bright Childcare in Dundee. Established in 2009, Rainbow Bright Nursery is registered with the Care Inspectorate to provide childcare for up to 60 children aged 0 to 12-years. The setting, which is located to the north of Dundee at the junction of […]

01/12/2021

Castle Trust Bank launches valuation cashback offer

Castle Trust Bank is offering a cashback of up to £5,000 + VAT on valuations fees across its entire product range. The offer applies to all valuation fees paid on or after 1 December 2021, where the loan completes before or on 28 February 2022. It is available across the Castle Trust Bank product range […]

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Strong growth in private sector activity continues into three months to November

Metro Bank enhances its BTL range

Time Finance appoint Jake Bebbington to support Northern business growth

Brickflow issues record number of loan terms for November

2021 performance boosts small business confidence

Birmingham-based cloud and cybersecurity provider secures a £1,000,000 investment

CRMs sustainability policies recognised by global ratings scheme

B4B Payments partners with Sentinels to support anti-money laundering compliance across European markets

Rainbow Bright Childcare in Dundee sold to experienced operators

Castle Trust Bank launches valuation cashback offer

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