A property development company has laid the foundations for a luxury housing estate on the site of a former World War Two US military hospital. Churcham Homes has begun the development of 26 uniquely-designed family houses after agreeing £10.6m in development finance provided by specialist lender Together. The site, at Ullenwood Court, Coberley, near Cheltenham, […]
Propel, a leading specialist UK asset finance provider, and Azets, the top ten UK accounting, tax and business advisory firm and the largest SME regional practice across Europe, have today announced the formation of a significant strategic partnership. As a result of the alliance, thousands more SMEs will be able to gain access to fast […]
Aldermore bank has provided a £200,000 invoice finance facility to Skipper Recruit, the heavy goods vehicle (HGV) recruitment specialist. Founded in June 2020 after the first national lockdown, the business specialises in supplying HGV drivers and logistics personnel to both the general and specialised haulage sectors. Based in Norwich, Skipper Recruit provides personnel for clients […]
#3rdGen lender, Octane Capital, today announced the completion of a £420,000 loan that underlines its strong appetite for the growing sector that is non-mainstream buy-to-let. The loan was to an Indian national residing in Dubai and is secured on an unencumbered flat in London. Octane has always had a strong appetite for foreign national borrowers […]
Finance platform Swoop has announced an exclusive partnership for ICAEW Chartered Accountants to securely access loans, equity and grants for SMEs. Swoop is a fast-growing finance platform designed to help SMEs secure funding from more than 1,000 providers. The partnership means ICAEW Chartered Accountants can access funding for their clients quickly and securely via the […]
The number of UK sectors reporting output growth doubled in February, led by a strong performance from technology equipment manufacturers, according to the latest Lloyds Bank UK Recovery Tracker. The Tracker, working with IHS Markit, provides unique insight into the shape and pace of the UK’s recovery from the disruption caused by Covid-19. Recovery signs […]
Next generation commercial finance brokerage, BIZL, have headhunted experienced commercial banker, Imran Raja, to expand its reach and sector experience. Leaving his position as relationship director within Santander Corporate and Commercial Banking, Raja joins BIZL as a commercial finance broker covering London and the Home Counties. The strategic hire aims to strengthen BIZL’s offering within […]
Landbay, one of the UK’s leading mortgage lenders, has launched a new five-year funding partnership worth £200m of originations per annum. Landbay, has partnered with Allica Bank to fund its buy-to-let mortgages over the next five years. Allica Bank, the leading challenger bank for established small and medium-sized enterprises (SMEs), will fund a range of […]
GVE London Ltd, premier supercar dealership, has been supported with £1.6m in working capital funding by leading alternative finance provider for mid-sized SMEs, ThinCats. Established in 2009 by owner and MD David Rai, GVE is one of the UK’s leading independent suppliers of luxury vehicles, providing a one-stop shop for the needs of buyers, owners […]
Against a backdrop of historically low interest rates and economic uncertainty, Unity has maintained its track record of safe and sustainable growth, delivering a strong set of results with pre-tax profits at £7.5m and a 7% growth in new customers. By continuing to drive an impact-led strategy, the bank increased lending to Responsible Finance Intermediaries […]
