New data from Barclaycard Payments, which processes almost £1 in every £3 spent in the UK, reveals how Monday’s lockdown relaxation has impacted the UK hospitality sector. Hospitality venues are already feeling the benefits of being able to reopen indoors, with revenues rising across the sector by 43% since Monday, as consumers flock to fill […]
Newcastle upon Tyne-based Wave Direct sells inflatable hot tubs online, direct to consumers. It has benefitted from the soaring popularity of hot tubs during the pandemic, experiencing a sales uplift of 1800% since Covid-19 emerged. With huge demand for its products, which it imports from China, the business wanted to buy in more stock from […]
New research from Smart Money People, the leading financial services customer review and insight website, has found that broker satisfaction with how quickly lenders are processing applications through to offer has increased by 6.5% since H2 2020. All sectors of the mortgage industry have increased their satisfaction scores for speed. The biggest improvement was seen […]
A Worcester charity that turned an empty listed building it owned into 25 flats for the homeless has praised Unity Trust Bank for ensuring the £2.2m project is a success. Using its own reserves, with £1m funding from Homes England and a loan of £500,000 from Unity Trust Bank, Worcester Municipal Charities has transformed the […]
Specialist self-build finance provider BuildLoan has joined the lending panel of the newly launched TMG Club, the mortgage club of The Money Group. BuildLoan provides mortgage club members with exclusive, bespoke mortgages and unique service designed to minimise risk for everyone involved. Being an expert in all construction-based finance, BuildLoan helps and guides intermediaries to […]
Brightstar Financial has partnered with Sesame Bankhall Group as a preferred distributor on its new specialist lending panel. The partnership means that members of PMS Mortgage Club and Sesame Network will have access to a range of specialist first and second charge mortgages, commercial, bridging and development finance through the multi-award-winning specialist distributor. Founded in […]
SME funding provider Accelerated Payments today announced that it is working collaboratively with banks to offer a lifeline to their existing SME clients as they strive to grow during the Covid-19 crisis. Over the past year, there has been a sharp decline in bank lending to existing business customers due to stricter approval requirements. There […]
Stoke-on-Trent-based The Supply Register (TSR), has secured further funding from venture capital firm Midven through the Midlands Engine Investment Fund (MEIF). The company, which has created an online teacher recruitment platform, is using the funding to accelerate the next phase of its growth as schools return and Covid-19 restrictions ease. This follows The Supply Register experiencing a surge in demand for its […]
As part of its activity to support Scale Up Week (18 – 21 May), NatWest has today launched a new flagship programme open to all SMEs across the UK, to help their business grow throughout 2021. Each year a specialised team of NatWest’s Acceleration Managers will host over 200 sessions across the UK, helping 1,400 […]
United Trust Bank (UTB) has secured an ENABLE Build guarantee via the British Business Bank. The new guarantee is the first to be issued under the ENABLE Build programme and will allow UTB to significantly increase the amount of development finance it provides to UK SME housebuilders. Over the lifetime of the £250m guarantee it […]
