Small business funders are on notice to ensure they have funding options that address business owners’ needs as they look to recover in 2021, according to national small business research. The SME Growth Index is conducted twice a year by East & Partners on behalf of ScotPac , Australia’s largest non-bank SME funder. The most recent […]
Packager First 4 Bridging (F4B) has expanded its intermediary proposition with the launch of the F4B Network. The F4B Network was created on the back of demand from intermediary introducers who have previously utilised the packagers vast expertise across the specialist lending markets. The F4B Network has assembled a comprehensive lending panel consisting of mainstream, […]
Assetz Capital has the capacity to accept approaching £100m of new IFISA investment immediately and is looking forward to a bumper ISA season as the only lender of significant scale left in the market this year. The peer-to-peer lender – who has lent over £1bn to UK businesses – is now the only large player […]
In their annual SME financing research conducted by Linkflow Capital, more than half of SMEs experienced improved access to financing in 2020, a significant increase from 39% in 2019. According to Linkflow Capital, up to 52% of SMEs were eligible for financing in 2020 with an average loan quantum of $310,909 secured within their platform, […]
Service has become a bigger consideration for most buy-to-let advisers in the last six months, according to research by Pepper Money. In a recent survey of advisers active in buy-to-let, Pepper Money found 82% said that service had become a bigger consideration in their product recommendations. When asked what they considered to be the most […]
A Freedom of Information request to the British Business Bank has revealed the high personal risk the owners and directors of smaller businesses have taken to secure funds through the Coronavirus Business Interruption Loan Scheme (CBILS). The request by Purbeck Insurance Services, provider of the UK’s only personal guarantee insurance to SME business owners and […]
Mizen Group has successfully completed a mixture of residential and mixed-use property developments to expand its portfolio across London in schemes totalling almost £19m. The developments – including twin sites providing 12 family homes in the heart of Fortis Green and Finchley, North London together with 30 flats and two retail units in Sutton, South […]
Paragon Bank has provided an £5.4m funding package to Hawthorne Meadows Homes Ltd, part of Ground Group Ltd, to support a Derbyshire-based housing development of 39 homes. The funding from Paragon’s Development Finance division has enabled the second phase of development of 39 two, three and four-bedroom new homes at Hawthorne Meadows, Barlborough. Hawthorne Meadows […]
Calverton Finance provides working capital facilities to owner-managed businesses throughout the UK. The firm also specialises in financing clients in the recruitment, transportation, media and advertising sectors. As part of Cubitt, Calverton will be able to better serve its clients with stable, scalable, and flexible capital solutions. Cubitt is a UK based speciality finance company […]
The UK’s used car market declined in 2020, down -14.9% according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). 6,752,959 used car transactions took place, 1,182,146 fewer than in 2019, making 2020 the lowest performing year since 2012 as lockdown measures to tackle the coronavirus pandemic and turbulent […]
