Together has provided finance for Fluent Money Group’s first short-term loan following its launch into the bridging market. The established specialist broker created Fluent Bridging under managing director John Hardman last month, to provide more options for borrowers seeking fast and flexible short-term finance from its panel of experienced lenders. And Together, one of the […]
Today, EY Item Club have announced upgraded economic forecasts for the UK following a stronger start to 2021 than expected, predicting the fastest growth the nation has seen since WWII. Throughout the pandemic, small businesses have had to be agile, adapting to working from home, the need for flexible working, and taking advantage of the opportunities the pandemic […]
Smaller builders could benefit from a £150m ‘help to build’ fund to make it easier for people to commission a bespoke home. The government initiative is aimed at creating a level playing field between first-time buyers of newly built homes, who benefit from ‘help to buy’, and those who want to build their own home. […]
Bibby Financial Services (BFS) has provided a £900,000 trade finance and invoice finance facility to Henly Arthur Ltd, a member of V2M Healthcare Group. Henly Arthur Ltd is an exclusive importer and distributor of medical devices and supplies to various public and private companies throughout the UK and EU. The business operates a sophisticated global […]
SME leaders believe it will take on average 12 months for their businesses to make up for lost revenue caused by the Covid-19 pandemic, according to research revealed today by Nucleus Commercial Finance. Over half a million SMEs (590,000) say it will take between 10-12 months to make up the lost revenue caused by Covid-19 […]
New research from Aldermore bank indicates signs of recovery for small and medium-sized enterprises (SMEs), as they reveal plans to invest in their businesses in the next year, coinciding with the easing of lockdown restrictions. SMEs plan to spend an average of £97,000 to grow their business in 2021 and help kickstart their recovery from […]
Manchester-based occupational health services business, Healthwork, has undertaken a buyout of a shareholder after one of its executives decided to sell their stake in the company. Santander UK has supported the firm’s remaining management team with the buyout by providing a seven-figure funding arrangement comprising a commercial mortgage and a revolving credit facility. The buyout […]
Today, 26 April 2021, marks the launch of Blazehill Capital, a new alternative lender focusing on providing credit and critical working capital funding to mid-market UK businesses who require additional financial support which they cannot get from traditional providers. Blazehill Capital typically provides secured lending ranging from £5m to £30m per transaction, delivering fast and […]
Aspen made light work of a trio of complex legal issues to complete a £1.3m bridge against a heavy refurbishment project in Knightsbridge. The 75% LTV deal on the two-bedroom apartment with roof terrace was completed at on a Stepped Rate of 0.49% on a 10-month term with 100% funding of works in arrears for […]
A new study from Juniper Research has found that the value of losses due to e-commerce fraud will rise this year, from $17.5bn in 2020 to over $20bn by 2021; a growth of 18% over a single year. The research found that fraudsters have targeted consumers as they have increased their e-commerce use; exposing insecure […]
