Second charge mortgage lender, Optimum Credit has introduced improved pricing and new criteria as part of a revamped product range. The lender, which offers individual pricing based on the unique circumstances of each customer, has made reductions across its entire pricing model and re-introduced options for variable rate, discounted rate and interest only products. Optimum […]
UK-based global fintech business Paysend today announced record growth figures after it was revealed last week that the Royal Mint will be discontinuing certain lines of coin production for 10 years. As a result of the coronavirus pandemic, coins have seen a steady decline in usage, resulting in the decision to stop producing £2 and […]
Printing company, The Droitwich Sign & Print Co, are celebrating the launch of a new product which businesses will use to keep customers and employees safe during the Covid-19 pandemic. The new Eezi Wipe Menu, designed as a result of the pandemic, can be wiped clean with disinfectant after each use, allowing restaurants to maintain […]
Fintech business lender MarketFinance has been awarded a £10m grant from the Capability and Innovation Fund (CIF), announced today by Banking Competition Remedies Ltd (BCR). The grant will be used to bring more choice and competition to the business lending industry MarketFinance, a household name in the UK business community, has provided over £3b in […]
A picturesque Herefordshire wedding and events business is expecting to bounce back once government restrictions on large gatherings are lifted, after support from The Agricultural Mortgage Corporation (AMC). Crumplebury, a purpose-built, state-of-the-art events venue and hotel, has seen its entire spring / summer wedding schedule disrupted due to Covid-19. The £3m development backed by AMC […]
As the UK marks six months since the country went into lockdown, Masthaven Bank has today revealed the extent of its support for its intermediary partners and customers throughout the Covid-19 crisis. Since March, the specialist lender has paid £1.4m in commission to its intermediary partners, providing vital financial support to these individuals and businesses. […]
Six months on from the official government lockdown, Robert McKechnie, Open Banking Expert at Equifax UK, believes technology and digital transformation will continue to play an increasingly important role for companies within financial services: “The intersection between financial services companies, customers and technology has been irrefutably and permanently altered. Covid-19 and the consequent restrictions on […]
ClearBank, the cloud-native clearing bank, in partnership with Tide, the UK’s leading business banking platform, have been awarded £25m to help UK SMEs turn recovery from the coronavirus crisis into a growth opportunity. The funding will be used to provide financial support and products to help SMEs address the challenges they will face in the […]
The Board of Banking Competition Remedies Ltd (BCR) today announces the results of Application Period Two of the Capability and Innovation Fund Pool E grant process. The Capability and Innovation Fund Pool E Application Period Two was open to organisations that meet the same eligibility criteria as previous Pool A, B and C bodies, which […]
Traditionally looked down on as a cheap post-war housing solution, pre-fabs could account for up to a quarter of all new homes, according to a new policy paper. The report Build Homes, Build Jobs, Build Innovation proposes a fast-track investment to construct 75,000 modular homes off-site a year by 2030. The paper is co-authored by […]
July 31, 2020
Edition 286 – June/July 2020
More questions than answers By David Grosse, of Number Eight Business Finance...
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