Countingup, the business current account with built-in accounting software, today announced the close of a £9.1 million Series A investment round, led by Framework Venture Partners and joined by Gresham House Ventures, Sage, and existing investors. The funding will be used to drive product innovation, growth and team expansion. Countingup is an innovative fintech company […]
Castle Trust Bank has partnered with Legal & General Mortgage Club to enable more brokers to access its range of specialist buy-to-let products. Legal & General Mortgage Club members now have full access to Castle Trust Bank’s Buy-to-Let mortgages, bridging and development finance, which are available to UK residents, ex-pats, foreign nationals, SPVs and trading […]
Zephyr Homeloans, the specialist buy-to-let lender owned by Computershare, has reduced rates on its five-year, fixed-rate, standard buy-to-let loans for a limited time. Zephyr’s new rates start at 3.19% for up to £1.5m for the five-year, fixed-rate standard buy-to-let mortgages for individuals and limited companies. As with all of Zephyr’s products, there is no upfront […]
Nextbase, the world’s leading manufacturer and developer of dash cams, has secured a £16m invoice discounting facility from Secure Trust Bank Commercial Finance, designed to support domestic and international growth at the Surrey-based business. The facility will also supplement the firm’s working capital cycle, and marks the first time external funding has been used by […]
Yolt Technology Services (YTS), the leading open banking provider, has today made its tried and tested Account Information Services (AIS) available to UK business lenders, to provide enhanced data insights and support credit decision processes. Lenders are required to risk weight their back book of loans, which then must be considered before new loans are […]
A firm which specialises in providing alpaca trekking adventures has expanded its digital capabilities and secured local council funding following Business Gateway support after the business launched at the end of 2020. Situated in the beautiful Ardgowan Estate in Greenock, West Coast Alpacas offers an outdoor activity with a difference. Visitors can take part in […]
A North West business finance firm which brokers over £150m of lending a year has been acquired by its management team. Oldham-based PMD Business Finance has been bought by three members of its executive team – Tom Brown, Lee Schofield, and Rob Dermody. The deal allows its two shareholders and founders – Peter Dobson and […]
Landbay, one of the UK’s leading buy-to-let lenders, has today launched a new range of products dedicated to non-portfolio landlords looking to invest in buy-to-let properties. The new range is exclusively available to those with three or fewer buy-to-let properties. Designed to cater for the increasing number of people looking to invest in properties, rates […]
Pluto Finance has announced it is targeting a figure of £600m in new lending over the remainder of this year, following the repayment of £300m from its loan book in Q4 2020 and Q1 2021. The specialist lending team has redeemed £210m from its loan book over the last quarter through sales and refinances and […]
Pulse Cashflow are delighted to announce that they have appointed Martin Bennison as sales and marketing director. Martin joins the specialist provider of invoice finance, from Ultimate Finance where he served as head of sales/MD for Construction Finance for the last decade. He brings a wealth of experience and a credible reputation having worked in […]
