Metro Bank is launching its first start-up accelerator programme: Metro Bank Magic Makers, run in partnership with corporate innovation specialists, L Marks. Since its launch in 2010, Metro Bank has prided itself on taking a new approach to banking and has always been committed to helping SMEs grow and thrive. Through the 10-week immersive Magic […]
Newcastle, Leeds, Birmingham and Manchester have seen the largest year on year rental increase across the build-to-rent sector, according to the latest research from build-to-rent specialists, Ascend Properties. Ascend Properties analysed rental market data on the sector to see where has seen the biggest increase in rental market prices, as well as where the build-to-rent […]
Arbuthnot Latham (“Arbuthnot”), the private and commercial bank, today celebrates the fifth anniversary of its Manchester office (“the office”) in a record year of growth for its North West operations. The North West of England is a hub of innovation with a strong entrepreneurial culture and heritage, enabling it to attract and support countless successful […]
Paragon Bank has provided a £785,000 finance package to support the acquisition of Exeter-based logistics business, STR Logistics, following the retirement of the owner. STR Logistics specialises in distribution, contract management, logistic and supply chain solutions, tail lift delivery and secure high value freight handling. The deal was brokered through Ignition Credit, a leading UK […]
The Robot Exchange has secured a significant £500k investment from leading private equity investment firm, Foresight Group, through the Midlands Engine Investment Fund (“MEIF”). The Nottingham-based business supplies Robotic Process Automation (“RPA”) software and services to deliver efficiencies to businesses, helping them streamline and automate their processes via robotic infrastructure. The funding will be used […]
Aldermore bank has provided a £750,000 Construction Finance facility to NP Services Ltd, a family run metal fabrication specialist. Based in Leicester, the company design and produce high quality metal products for the food and hospitality industries. The business needed funding to fulfil a £1m contract to a major player in the food fit-out industry […]
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has launched its new BTL product range with a limited group of directly authorised brokers and selected packager partners as part of its phased return to the market. The new range includes five-year fixed rate buy-to-let products which are available at a rate of 3.25% up to 75% […]
More than a third (34%) of landlords have recently purchased another buy-to-let property (BTL) or intend to buy one within the next nine months, a survey by The Deposit Protection Service (The DPS) and Zephyr Homeloans has suggested. Results from the poll of 300-plus landlords suggest that the ‘opportunity to buy at a discount’ is […]
The Ministry of Economic Affairs and Digital Transformation has admitted to its safe testing environment for the transformation of the financial system (sandbox) the project submitted by BME, in collaboration with firms in the SME financing ecosystem. The project consists of the creation of a platform or “marketplace” for alternative financing that offers security to […]
After the crash that came with the pandemic last year, many businesses now appear to be on the up-and-up as lockdowns are lifted and life begins to return to some semblance of normality. For many businesses, covid is the single toughest problem they have ever had to face. But even many of those businesses which […]
