#3rdGen lender, Octane Capital, today announced it has completed its 1000th loan since launching in 2017. The value of the 1000 loans completed to date is not far short of £1bn and almost half of the loans (493), totalling £451m, have already redeemed. Since launch over three years ago, Octane has made 7,169 agreements in […]
According to the latest quarterly job market report from CV-Library, the UK’s leading independent job board, job applications in the finance sector grew by 58.6% in Q3 2020 and by 17.4% year-on-year. The report looks at job market data throughout Q3 2020 and compares this with findings from the previous year. It reveals that the […]
Bridging finance specialist, SDKA Ltd, is accelerating its growth plans following a further funding boost from specialist bank, Shawbrook. The Manchester-based firm has enjoyed rapid growth in its formative years thanks to growing demand for its fast and efficient short-term bridging finance solutions. In recent years it has successfully expanded its broker-network across the UK, […]
A Midlands homeware and storage group is riding the crest of the homeware boom and considering options for expansion with the support of Lloyds Bank. Cookes Group, which celebrates its 75th anniversary in 2021, initially received a £200k Coronavirus Business Interruption Loan (CBIL) from Lloyds Bank to support the overheads of its three trading businesses […]
SurePay has today announced another successful implementation of it’s UK Confirmation of Payee solution for the UK’s first app-based bank, Atom banb. The Financial Technology company from the Netherlands is already responsible for checking over 95% of all Dutch payments with the IBAN-Name Check and its Confirmation of Payee solution checks 25% of all online […]
Hanley Economic Building Society is back in the ex-pat buy-to-let market with the reintroduction of its 3.49% Variable Discount product at a maximum 80% LTV. This ex-pat BTL product was initially launched in January 2020 but was subsequently pulled in April as a result of the Covid-19 crisis. It has an application fee of £299 […]
BSI, the business improvement company, recently announced the latest findings from its quarterly review and outlook of the top global supply chain security, business continuity, food safety and fraud, and corporate social responsibility threats and trends. BSI’s Supply Chain Risk Exposure Evaluation Network (SCREEN) Intelligence found that while Covid-19 matters remain a primary concern, the […]
ThinCats, leading alternative lender to mid-sized businesses, has provided £8.5m in acquisition funding to Care at Home Services for its counterpart, Westminster Homecare. Care at Home Services was founded in 1993 and has bases across East Sussex and Kent. Its brands include Care at Home Services, Beech Tree Total Care and Domus Live-In Care. The […]
Most banks and building societies (94%) say they are on track to meet or beat the end of 2021 deadline for embedding their climate risk programmes, according to a survey conducted by PwC UK this summer. 71% of respondents stated that climate risk is already embedded in the firm’s long-term corporate strategy. In addition, 70% […]
As consumers adjust to the current health crisis, they are increasingly looking for digital tools to help make their experiences more positive, according to new research commissioned by digital product agency Somo. A study of more than 1,000 consumers has shown that across four key sectors- housing, automotive, hospitality and finance- the uptake and demand […]
