LendInvest, the UK’s leading platform for property finance, has appointed top 100 UK law firm Birketts to its legal panel for buy-to-let and bridging finance panels. Birketts was chosen for the panels after a tender process by senior associate and head of the real estate finance team in Norwich, Elizabeth Lee. LendInvest has provided more […]
Tandem Bank has announced that Paul Noble has been appointed as the group’s chief commercial officer. Paul will be a key driver of the challenger bank’s enhanced mission to become the UK’s first fully green digital bank. Paul has over 20 years’ experience in banking incumbents such as Barclays, venture capital and was a founding […]
Multi-specialist bank Leumi UK supports the regeneration of Rockingham Speedway into UK’s premier automotive logistics hub London: Leumi UK, the London-based subsidiary of Israel’s leading international bank, has provided a £33m three-year term loan to assist with the redevelopment of Rockingham Motor Speedway. The ambitious project sees the repositioning of a 340-acre race track and […]
One in three (35%) UK SMEs (and 43% of medium sized enterprises) do not expect to be in business beyond a year, according to a new report by Fladgate, a leading law firm serving the SME market. Canvassing leadership teams at over 500 SMEs across the UK, the ‘Restart Capital’ report paints a concerning outlook […]
Arbuthnot Commercial Asset Based Lending (“ABL”) has completed a £1m financing structure for Baldwin & Francis Ltd (“B&F”), a portfolio company of Longacre Group (formerly SEA Equity). Baldwin & Francis made the switch to Arbuthnot Commercial ABL for this private equity sponsored transaction. This is the fourth of the Group’s investments which Arbuthnot Commercial ABL […]
Marqeta, the global modern card issuing platform, today released a report that examines how banks intend to change their strategies in response to the Covid-19 pandemic. According to the findings, Covid-19 has had a significant impact on almost all (96%) European banks, with over three-quarters (78%) planning to change their future banking strategy to adapt […]
Applications also hit all-time quarterly high since launch in 2017 #3rdGen lender, Octane Capital, today announced that Q3 2020 was its biggest quarter for completions yet since launching in 2017. The number of completions recorded between July and September 2020 was up 125% on the same period last year, and 158% on Q2. Octane also saw a 190% increase in applications […]
Liberis, a leading fintech providing embedded business finance through its innovative platform, has joined forces with Epos Now to help UK SMEs apply for up to £300,000 worth of financial support. At a time when small business owners and operators are finding it harder to access the finance they need, Epos Now Capital promises to […]
Alternative finance provider, Reward Finance Group, has delivered a record £3.45m deal as it celebrates its tenth birthday. The Business Finance deal, which was concluded in less than a week, was used by a client to refinance more than 70 commercial and residential properties. It brings the total amount lent by Reward Finance Group to […]
Valley View is a residential care home which provides personal care for old age, including those with dementia. It is registered for 59 service users and comprises 59 single bedrooms, all of which have en suite shower facilities. Built by its previous owners Rex Develop Ltd in 2010, the home sits in a purpose-built, modern, […]
