Industry and broker news

07/10/2020

Paragon provides £125,500 CBILS to access solutions provider, Southern Tower Services Ltd

Paragon Bank has continued its support for UK companies impacted by coronavirus, providing a £125,000 Coronavirus Business Interruption Loan (CBILS) to Reading-based access solutions provider, Southern Tower Services Ltd. Southern Tower provide working at height solutions, including scaffold towers, to businesses across the South. With the building industry severely impacted during the peak of coronavirus, […]

07/10/2020

Assetz Capital completes £1.5m funding round with Future Fund

Peer-to-peer lender Assetz Capital has completed a further £1.5m fundraise, after the government’s Future Fund matched its overfunded crowdfunding round on Seedrs of over £750,000. The secured business lender – which lends to UK SMEs and small housebuilders – is using the funds to further support its growth and also help fund the setup of […]

07/10/2020

Primer launches with payments API for merchants to banish technical burden of managing payments

Today, Primer — the UK-founded fintech company that helps merchants seamlessly consolidate their payments stack and easily support future payment methods — launches with its unified payments API and checkout. Providing an open payment infrastructure to merchants through a single integration, Primer manages the front-end checkout process and backend consolidation of payments services — supercharging […]

07/10/2020

Housebuilder goes greener with funding support from Lloyds Bank

Norfolk-based independent housebuilder Abel Homes is seeing a renewed surge in demand for its properties following the support of a £3m green funding package from Lloyds Bank. Located in Watton, family-owned Abel Homes has been building new-build properties across the county for more than 30 years. The seven-figure residential development loan from Lloyds Bank was […]

07/10/2020

One in five SME owners working extra three hours daily

New research from Aldermore bank reveals that one in five (21%) small and medium-sized enterprise (SME) owners are working an additional three hours daily on average to manage the impact of the Covid-19 pandemic on their business. Many SME owners reported that longer working hours meant they had to make personal sacrifices, such as reducing […]

07/10/2020

AltFi’s alternative lending state of the market annual report

This year our landmark report examines the UK’s flourishing alternative lending market, now worth a record £6.26bn, it explores the wider story of continental Europe, where the market doubled in the last 12 months to over €6.6bn. Get exclusive access now to AltFi’s State of the Market 2020 and explore some of our topics including: […]

07/10/2020

UK Finance announces David Postings as new CEO

The decision to appoint David has been made with the unanimous support of the Board of UK Finance. This follows a rigorous recruitment process, led by Sapphire Partners and UK Finance’s nominations committee. Commenting on the appointment, David said: “I am pleased to be taking on this role at UK Finance at such an important […]

06/10/2020

Sovereign in record commercial property deal

Sovereign Housing Association have bought a shopping centre and the adjacent car-park, in the heart of Bristol, in a £27.2m deal from BlackRock UK Property Fund. With 60,000 homes and 140,000 customers Sovereign are one of the leading HA’s in the country, and this multi-tenanted Clifton Down shopping centre and its 350 vehicle car park, […]

06/10/2020

Till and Ibrahim launch Energy & Environment Alliance

Peter Till, managing director of Choice Hotels UK & Western Europe and Ufi Ibrahim, the former CEO of the British Hospitality Association, today announced the launch of The Energy & Environment Alliance, a new coalition of hospitality businesses and investors, to transform the industry to become climate positive. Peter Till will be the chairman and […]

06/10/2020

Crystal Health & Wellbeing Survey reveals true human cost of Covid-19 on intermediaries

Crystal Specialist Finance (CSF) has today published the results of its recent Health and Wellbeing Survey for the intermediary sector. Results show that only 13% of brokers are getting the recommended daily dose of eight hours sleep with 23% stating that they never sleep for eight hours and a worrying 62% only receive the recommended […]

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Paragon provides £125,500 CBILS to access solutions provider, Southern Tower Services Ltd

Assetz Capital completes £1.5m funding round with Future Fund

Primer launches with payments API for merchants to banish technical burden of managing payments

Housebuilder goes greener with funding support from Lloyds Bank

One in five SME owners working extra three hours daily

AltFi’s alternative lending state of the market annual report

UK Finance announces David Postings as new CEO

Sovereign in record commercial property deal

Till and Ibrahim launch Energy & Environment Alliance

Crystal Health & Wellbeing Survey reveals true human cost of Covid-19 on intermediaries

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