Independent Growth Finance (IGF), a leading independent commercial finance provider, has appointed Jamie O’Neill as asset based lending (ABL) director. In this role, Jamie will focus on origination activity in London and the South East of England. Jamie will work alongside director Jon Hughes and commercial director Michael Fletcher, to provide flexible and innovative financing solutions to companies across the region. Jamie has […]
More than three quarters (77%) of UK micro-businesses expect activity levels to bounce back over the next 12 months as consumer demand rises, according to new research into one of the most important parts of the UK economy. Shawbrook Bank’s Micro Business Monitor surveyed UK businesses with 25 employees or fewer – known as the […]
BREAL Zeta has provided a complex £100m multi-jurisdictional receivables facility for Nynas AB (Sweden), Nynas AB’s UK Branch and the group’s Singapore subsidiary, Nynas PTE Ltd (together “Nynas”), providing significant working capital. The facility forms a substantial part of a suite of solutions to support the business, alongside senior lenders. With around 1000 employees, production […]
Aspen Bridging has launched its ‘Lend a Hand’ rates offer, with 0.05% off all deals up to 70% LTV for prime residential purchase and refinance applications received in September. The move, which is timed to help offset the reintroduction of Stamp Duty, sees the rate reduced to 0.64%. Along with its 75% LTV offering, applications […]
The development lender Atelier has launched a secure platform that enables borrowers to view and manage their loan whenever and wherever they wish. The technology gives Atelier’s borrowers a real-time dashboard which shows at a glance all the key information about their facility, including the current balance, how much of their principal they’ve drawn down, […]
A graphic designer has moved back to the Isle of Lewis to launch his business following support from Business Gateway. Originally from Lewis, Donald Smith recently relocated back to the island from Aberdeen to pursue his dream of running his own graphic design company. The business, Donald Smith Graphic Design, offers a broad range of […]
Purbeck Personal Guarantee Insurance, the UK’s only provider of Personal Guarantee Insurance (PGI) to the owners and directors of SMEs, has launched a dedicated broker portal for commercial finance and insurance brokers. The Purbeck Personal Guarantee Insurance Portal enables brokers to gain a real-time view of PGI applications, policies and commission statements for SME clients […]
Since the invention of computers, cybercriminals have found ways to hack into them in order to steal data. You can be a target just by owning a smart gadget. In fact, having an unprotected device puts everyone around you at risk as well, since criminals can access your network and find out information. This article […]
Peabody and NatWest have completed a new sustainability-linked loan agreement to support the delivery of new affordable homes. The agreement renews an existing tranche of funding, extending the term to ten years and increasing the funds available from £17.5m to £70m linked to specific environmental targets. The sustainable metrics will measure the energy performance of […]
Fiduciam has provided a £5m development loan for the construction of a £10m seven-storey residential apartment building in Manchester. The building will contain 38 apartments with ground floor retail. The £5m loan was structured to overcome the challenges imposed by the complex property title and overage, and to reduce the likelihood of cashflow squeezes in […]
