The CEO of iwoca, one of Europe’s largest business lenders, has outlined the need for the fintech industry to be strengthened so it can support the growth of small and micro-businesses after the Bounce Back Loan scheme closes at the end of the year. Writing in CityAM [see article], Christoph Rieche argues that these smaller […]
A new campaign to support businesses that are safely open for business in the West Midlands launches today. #WMOpen4Biz is being run by the West Midlands Combined Authority (WMCA) and is backed by the region’s trade and industry leaders, to encourage shoppers and residents to safely return to town and city centres. Since June, businesses […]
Codat – a London-based technology company that connects the internal systems of small businesses to banks, fintechs and other financial institutions, allowing business data to flow back and forth in real time – has announced it has become a Microsoft partner. This means Codat is ‘co-sell ready’, enabling it to work with Microsoft to help […]
Independent business lender White Oak has today announced it has successfully distributed over £100m of loans to SMEs since its accreditation to the government’s Coronavirus Business Interruption Loan Scheme (CBILS) in May. The key milestone follows the completion of a £150m securitisation facility from Barclays Bank, which allowed White Oak to deploy additional lending to […]
Yorkshire Building Society announces that Mark Parsons is to join its Board as a non-executive director. Mark was chief executive of Coventry Building Society from 2014 until his retirement in April 2020. He has more than 30 years’ experience in financial services, working at executive level across finance, investor relations, product and retail management, risk […]
Together has praised its specialist distributer partner First 4 Bridging (F4B) for its expert packaging of a commercial mortgage application – allowing the deal to complete in four hours. A client, who is an NHS worker and commercial landlord from Birmingham, approached F4B to raise the finance she needed to expand her property portfolio in […]
Starling, the UK’s leading digital bank, has launched a new environmental initiative to plant one tree for every successful new personal and business customer referral. In partnership with Trillion Trees, a joint venture between BirdLife International, Wildlife Conservation Society (WCS) and the World Wide Fund for Nature (WWF), this new scheme gives Starling customers the […]
Alternative SME credit specialist Caple has helped The Energy Check, a business energy-saving consultancy, to access a £2.1m six-year fully unsecured growth loan. As a result of this, the business expects revenue to grow by 155% and to increase jobs by 22% over the next three years. Newcastle-based The Energy Check helps SME business owners […]
Commuter habits have changed significantly as a result of coronavirus – and government investment in transport and infrastructure must evolve accordingly, says the CBI. Significant government interventions have been needed to maintain commuter routes amid the decline in public transport demand, including grant support for bus services and emergency funding for railways. The CBI has […]
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Arbuthnot Specialist Finance Limited (ASFL), the short-term property finance arm of Arbuthnot Latham, is using the nCino Bank Operating System to help enable a dynamic and flexible approach to real estate funding that […]
