LendInvest, the UK’s leading platform for property finance, has appointed top 200 UK law firm Blacks Solicitors to its legal panel for its buy-to-let product. Blacks Solicitors specialise in providing legal advice to the owners, landlords, lenders, and tenants of commercial and residential properties. The business will now instruct Blacks alongside four existing panel firms […]
New SME Recovery Report from NatWest shows targeted support for SMEs could unlock £140bn of additional GVA growth by 2030 equivalent to creating ~3.2m new jobs across the UK Report identifies five areas of focus including a potential 80 million tonnes reduction of carbon emissions from SMEs shifting towards sustainable practices NatWest to support SME […]
The latest sentiment survey from the Association of Short Term Lenders (ASTL) shows that bridging lenders are positive about the outlook for their businesses, the bridging market and the long-term outlook for the UK economy. The research, which was conducted amongst members of the ASTL shortly after the Budget in March found that more than […]
The latest Lloyds Bank Business Barometer shows: Overall business confidence increased by thirteen percentage points to 15% – the highest level since the start of the pandemic last year. This reflects firms’ optimism towards the wider economy, increasing fifteen points to 17%. The net balance for staffing levels is positive for the first time since […]
Specialist business property adviser, Christie & Co, has announced the sale of Ponda’s Chemists Limited in Cheshire to an established Manchester based partnership group. Ponda’s Chemists is a pair of well-established standard-hour pharmacies, comprising one community pharmacy and one located within a popular shopping precinct. Both sit in locations just half a mile apart from […]
£100m has been invested in the region’s small businesses through the Midlands Engine Investment Fund (MEIF). The milestone was reached by the Fund after making 481 investments in 350 businesses located in the West Midlands and East and South East Midlands. An additional £90m of private sector leverage has also been secured as a result […]
Humber-based packaging specialist, which has been helping retailers take advantage of the boom in online sales during the Covid-19 pandemic, has secured a £110,000 loan, jointly funded by alternative lending provider Finance For Enterprise and the Northern Powerhouse Investment Fund (NPIF) and backed by CBILS. Hull Boxes & Packaging, which specialises in supplying bespoke corrugated […]
Finance Link, a car finance specialist, has secured £50,000 from social impact lender, GC Business Finance, through the Bounce Back Loan Scheme (BBLS) funded by Greater Manchester Combined Authority (GMCA). Based in Trafford Park, Finance Link simplifies car financing by searching its large network of lenders to find the best finance agreement for every customer. […]
The London-based lender 365 Business Finance has reported that in 2020 there was an 18% year-on-year increase in the number of food retailers taking out merchant cash advances – to mainly assist with purchasing more stock, managing cashflow and for the refit of premises. Food retailers in the UK have had an extremely busy time […]
UK banks have managed to increase lending by 8% since the start of the Covid-19 pandemic to help businesses survive – outpacing the performance of EU countries, shows a new study by UHY, the international accounting and consultancy network*. The eight major EU economies in UHY’s study are lagging behind, only increasing lending by an […]
