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05/08/2021

Fiskl and GoCardless partner to help small businesses take direct debit payments globally

Fiskl, the global mobile-first financial management and accounting solution, today announced a partnership with GoCardless, a leader in account-to-account payments, and the launch of recurring direct debit payments for Fiskl customers. The partnership between Fiskl and GoCardless delivers to small business customers the most reliable payment method for automated invoices. GoCardless will significantly reduce failed […]

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05/08/2021

Commercial property shows signs of recovery this year

More than half of respondents agree conditions are consistent with an upturn, according to the Royal Institution of Chartered Surveyors, RICS’ latest commercial property market survey. In the second quarter, 56% of survey participants predicted a recovery compared with 38% of respondents from January to March. Chief economist Simon Rubinsohn said: “Demand trends appear much […]

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05/08/2021

Arbuthnot Commercial ABL structures £5.5m facility for PCML

Arbuthnot Commercial Asset Based Lending (“ABL”) has completed a financing deal for Precise Component Manufacture Ltd (“PCML”) to support the next exciting stage of its development. The £5.5m facility will be used to fund CapEx investment and growth, enabling the business to achieve its strategic aim to become the UK’s leading biomedical science manufacturing hub. […]

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05/08/2021

LendInvest receives top rating from European ratings agency for seventh consecutive year

LendInvest, the UK’s asset management platform for property finance, has received the highest possible rating from a European ratings agency for the seventh consecutive year. ARC Ratings is a regulated European credit rating agency registered with the European Securities and Markets Authority (ESMA). Its rating is based on a number of key factors including corporate […]

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05/08/2021

Tudorville Express & Post Office sold to experienced retailer

Specialist business property advisor, Christie & Co has completed on the sale of Tudorville Express & Post Office, a freehold convenience store with a large three-bed owner’s flat located in the market town of Ross-on-Wye, with funding for the sale secured through Christie & Co’s sister company, Christie Finance. Tudorville Express is situated on the […]

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05/08/2021

Aldermore provides £3.4m commercial mortgage to Yorkshire based family investment office

Aldermore bank has provided Banwait Group Holdings Ltd with a £3.4m commercial mortgage facility, to support their plans for growth as they work to build their commercial property portfolio. The managing director of the privately owned family investment office, Harpreet Banwait from Wakefield, West Yorkshire, has used the facility to purchase six commercial investment properties […]

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05/08/2021

UK tech firms raise record amounts, yet lack second-round success

The UK registered a record-breaking $15bn in tech funding in 2020, despite the uncertain investment environment created by Covid-19 and Brexit, according to a new report from Tech Nation. Despite this success, 39% of DeepTech businesses in the UK go bust or run out of investment before they raise a second round of capital. International […]

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05/08/2021

Contactless cards will dominate payment ecosystem for next decade

Despite a recent study suggesting over half the world’s population will use mobile wallets by 2025, payment cards are set dominate the payment industry for the next decade as consumers lack trust in digital payments. The past year has seen consumers and retailers move away from cash, but shoppers haven’t rushed to embrace mobile wallets […]

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05/08/2021

Majority of brokers say an economic bounce-back is most critical to their success

More than half of brokers (55%) say an economic bounce-back and the avoidance of high unemployment is most critical to their business success for the rest of 2021. A further 22% of property and commercial finance brokers responding to United Trust Bank’s recent Broker Sentiment Survey believe that continued success of the Covid-19 vaccination programme […]

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