Castle Trust Bank is extending the 0.25% rate reduction on its term products until the end of the year. Responding to huge demand from brokers, the bank will continue to apply the offer to all DIPs on term products issued by the close of business on 31st December. This includes the lender’s popular Bridge to […]
With less than a month to go before the Brexit deadline, Amaiz has published a new report on the readiness of SMEs to face the blizzard of new import and export procedures, customs duties, import VAT, standards, data regulations, financial services arrangements, and a host of other changes. The report, Brexit Brink: Are British SMEs […]
United Trust Bank (UTB) is teaming up with specialist AI solutions provider Optalitix to sponsor and host a series of webinars called The Innovation Pipeline (TIP!)-Talks looking at future innovation and technology advancements in the financial services arena. The first TIP Talks webinar is being held on the 10 December at 3pm and asks the […]
The institutionally funded lender, which previously distributed through a limited network of key relationships for over ten years, will now open its proposition to the whole market, including networks and clubs. West One offers a ‘one stop shop’ for specialist property lending products, supporting intermediaries and their clients through the property investment lifecycle with both […]
eCapital Corp (“eCapital”) a leading US alternative finance provider has completed the acquisition of Advantedge Commercial Finance (“Advantedge”). Advantedge provides invoice finance and cashflow solutions to over 800 UK clients, with funding lines up to £2m, employing 115 staff across five regional offices. Marius Silvasan, CEO of eCapital Corp, said: “This acquisition marks yet another […]
Pluto Finance has completed a £34m Purpose Built Student Accommodation (PBSA) development loan for the Bricks Group, to complete their development in Swansea, South Wales under their ‘true’ brand. The new student accommodation scheme is well located on Morfa Road, with excellent access to the bustling city centre, the university campuses and providing views over […]
The national law firm, Stephensons, has appointed two new solicitors to its family law department. Lorraine Baldwin joins the firm’s Manchester office. Lorraine is an experienced advocate and not only brings extensive experience of representing parties in care proceedings but was also formerly an award-winning senior solicitor at the Crown Prosecution Service where she handled […]
United Trust Bank has been named ‘Development Lender of the Year’ at the National Association of Commercial Finance Brokers (NACFB) Awards 2020. This year’s ‘virtual’ awards ceremony was held on the 26th November and 31 sought after awards were given to the Association’s Lender and Broker members recognizing industry excellence throughout 2020. All categories are awarded […]
Newable, a UK provider of money, advice and workspace to SMEs, has launched Newable Finance – a regional brokerage and advisory service to support businesses across the UK. Based out of key hubs in London, Epsom, Manchester, Bristol and Yorkshire, Newable Finance will offer specialist advice and access to hundreds of lenders, from high street […]
Crystal Specialist Finance (CSF) and lender Together have completed a developer’s purchase and re-development of a £700,000 commercial site in Birmingham in just four weeks. The specialist distributer’s client, an experienced property developer with a large commercial property portfolio, wanted to buy two warehouses and an office on the same site, refurbish the two existing […]
29/11/2020
Edition 288 – October/November 2020
An ill wind By Business Money group editor Robert Lefroy Lack of cyber securi...
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