A detailed analysis of how the UK’s small businesses were impacted by Covid-19 and other economic challenges in 2020 has been published in a joint study by leading payments authority, Pay.UK, and Europe’s largest credit management membership body, the Chartered Institute of Credit Management (CICM). The research, which set out to track how […]
iwoca – one of Europe’s largest small business lenders – has today launched its industry-first cash advance product on Funding Xchange for small business online sellers. iwoca will be the first lender in the UK – using Open Banking – to offer fully automated revenue-based repayments to e-commerce businesses with a business bank account on […]
A Shade Greener (ASG) Finance has become the latest lender to join the Association of Short Term Lenders (ASTL). Established in 2013 to provide commercial finance to UK businesses using funds generated from the associated renewable energy company, A Shade Greener Ltd, ASG Finance provides a suite of tailored financial solutions including bridging finance, development […]
Specialist property lender Castle Trust Bank has agreed a £13.2m development loan with Laner Ltd, for a commercial and residential development in Dagenham. The OXLO project, being developed by Barking Dog Developments Ltd, will provide ground floor commercial space, plus residential apartments for private rent. The project requires demolition of existing warehouse and redevelopment of […]
Starbucks operator Amsric Limited, a subsidiary of multi-franchise group Amsric Holdings Limited, has been sold to fellow Starbucks operator, Cobra Coffee Limited, a subsidiary of the Southern Co-op. Amsric Limited has been a Starbucks operator since 2014, initially acquiring stores from the franchisor and subsequently opening additional stores to reach the current tally of 12 […]
West One Loans’ buy-to-let division has announced product and criteria changes as it continues to grow in response to strong demand in the market. Taking effect from today [September 02] there is a range of new products being introduced with reduced rates and some fee reductions on selected products. Among the changes is a new […]
57% of businesses are planning to invest in staff within the next 12 months, according to a recent survey conducted by Skipton Business Finance. The survey involved businesses from varied sectors including manufacturing, engineering, recruitment, printing and logistics. The data collected also showed that 34% of businesses plan to invest in marketing, 32% in new […]
Subcontractors across the UK are struggling to take advantage of the economy reopening due to supply chain issues, which are causing a shortage of raw materials, according to the latest Subcontracting Growth Report by specialist financial services provider, Bibby Financial Services (BFS). Despite exactly half (50%) of businesses seeing an increase in activity since restrictions began to […]
Mazars, the international tax, audit and advisory firm, has appointed five new partners across the UK as of 1 September. All partners have been promoted from within the business and many have built most or all of their careers at the firm. The new partners represent teams from audit, tax, advisory and consulting in locations […]
Specialist business property adviser, Christie & Co, has announced the sale of a development site with planning consent for a 100-bedroom care home, situated in the historic town of Wisbech, Cambridgeshire, to LNT Care Developments. Previous owner of the site, Wisbech Construction Limited, achieved planning permission in March 2021 for a 100-bed care home design […]
