Businesses in Northamptonshire and Milton Keynes which have been adversely impacted by the Covid-19 pandemic are invited to apply for vouchers to support future digital growth opportunities. Growth through Digital Innovation (GDI) is a new voucher support scheme that helps businesses and charities to bounce back, with a £1000 voucher towards essential website design and […]
The UK new car market declined -4.4% in September, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). The sector recorded 328,041 new registrations in the month – the weakest September since the introduction of the dual number plate system in 1999 and some -15.8% lower than the 10-year average […]
Pepper Money has launched a new section on its website to provide brokers with up-to-date information on its current service levels. The service levels page provides brokers with clear and accurate information to help them understand at the outset how long the lender will take to review and process a submitted case. It provides the […]
B-North, the Manchester-based firm building an SME lending bank for the UK, has raised a further £1m as it moves closer to obtaining regulatory approval. B-North has teamed up with County Durham fintech specialist, Growth Capital Ventures (GCV), to announce the fundraise, which is part of a £20m series A fundraising round designed to give […]
Aldermore’s ‘Kick Start your Cash flow’ campaign launches by introducing new flexible Invoice Finance solutions aimed at easing SME’s cash flow needs The offering includes no contract tie-in for first six months, and no set up fee for discounting and factoring products Smoother onboarding process – secure electronic signing of documents through Adobe Sign […]
Allica Bank, the business bank dedicated to empowering small and medium-sized businesses to succeed, has continued its recent growth with a trio of senior fintech hires, strengthening its commitment to deliver expert banking for business Britain. The business bank recently completed a follow-on investment of £26m led by existing majority shareholder, Warwick Capital Partners and […]
Arbuthnot Commercial Asset Based Lending (ABL) has structured and delivered a £3.75m facility for Specialist Crafts, the UK’s largest supplier of art, craft and design materials to educators across the world. The comprehensive funding package comprised of an invoice discounting facility and a CBILS loan. Having completed a management buyout just one month before, new […]
A ground-breaking social business group which provides high quality social housing has secured £3m of investment from Big Issue Invest (BII), allowing early stage investor Impact Ventures UK (IVUK) to successfully exit three years early. Homes for Good (HFG) provides a solution to the lack of affordable, quality housing to people with limited housing choice […]
Knowledge Bank is partnering with the Financial Intermediary and Broker Association (FIBA) to offer its multi-award-winning criteria search system to FIBA’s members. The partnership will ensure FIBA members have the ability to search the widest range of both specialist and mainstream lenders’ criteria, saving hours of time, especially on more complex cases. FIBA has seen […]
As the fear of a second wave of Covid-19 increases, SMEs are demonstrating their resilience, as research from Nucleus Commercial Finance reveals nearly three fifths (57%) have had to adapt to survive the pandemic. Of these businesses, over a quarter (27%) said the new strategy is delivering success and a further 53% said they will […]
