Assetz Capital has completed a £3.2m development loan for thirty new luxury Derbyshire homes through the government-backed Coronavirus Business Interruption Loan Scheme (CBILS). The developer, Ryton Park Homes, is restoring a former school in Worksop creating 26 new mews houses and four apartments aimed at the over 55s market. The 1920s building – which has […]
Leading broker firm, Just Mortgages, is expanding throughout Scotland. Since the start of the year, it has almost quadrupled the number of self-employed brokers from four to 15, and in the next 12 months is aiming to reach 28 self-employed brokers in total. This recent rapid expansion is predominantly down to the local expertise and […]
Linked Finance, Ireland’s leading peer-to-peer (P2P) lending platform, has been awarded an additional €5m in funds under the government’s flagship Covid-19 Credit Guarantee Scheme (CCGS), and launched a new loan to help support the hospitality sector as it reopens. They are also launching a new Recharge SMEs loan which will provide pubs, restaurants, accommodation providers, […]
Deal activity in the UK accelerated at the start of the year as lockdown restrictions eased, with private equity and corporate acquisitions recording their strongest ever quarter of growth in Q1 2021 according to RSM*. The volume of deals was up by 143 per cent compared to Q2 2020, the lowest quarter since 2009. The […]
Today, leading global payment service provider, emerchantpay, publishes the first instalment of its New World, One Market Report, a new research study examining consumer behaviour when it comes to post-pandemic payment preferences. Chapter One of the study reveals that the national shift to digital payments, which has been dramatically accelerated due to the Covid-19 pandemic, […]
Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, revealed today that almost half of business across Great Britain (47%) that intend to stop processing outbound international payments are doing so due to the difficulty in tracking them, while 40% plan to stop as they find it difficult […]
Suros Capital, the luxury asset short term lender, announced today that it has signed an origination agreement with specialist business and property finance broker, Bluebox Finance. Suros provides short term finance specifically aimed at customers looking to raise money quickly, but secured against luxury assets including classic cars, jewellery, fine art, watches, and fine wine. […]
Specialist business property adviser, Christie & Co, has announced the sale of Tettenhall Wood Pharmacy in Wolverhampton. Funding for the sale was sourced through commercial finance specialist, Christie Finance. Tettenhall Wood Pharmacy is a standard hours community pharmacy which dispenses in the region of 9,500 items per month. It is located in the suburb of […]
Landbay, one of the UK’s leading buy-to-let lenders, has today launched two brand new products to its catalogue for landlords with three properties or less. The first is a 2-year fixed rate at 2.85% up to 65% loan to value (LTV), available on loans of up to £1.5m. The second is a 5-year fixed rate […]
Aldermore, the specialist bank, today confirms it is now an accredited lender under the invoice finance variant of the British Business Bank administered Recovery Loan Scheme (RLS). The Recovery Loan Scheme supports access to finance for UK businesses as they recover and grow following the pandemic, and can be used for any legitimate business purpose, […]
