There has been a modest quarterly improvement in business activity but the imposition of additional restrictions more recently indicates that the economy may be losing some of the steam it gathered in the immediate aftermath of lockdown relaxation in July, according to Greater Manchester Chamber of Commerce’s third quarterly Economic Survey (QES). The survey of […]
3mc has launched an exclusive range of Limited Company buy-to-let products with Pepper Money. The 3mc exclusives give brokers access to Pepper Money’s 5-year fixed rate Limited Company buy-to-let products on its Pepper 48 range, at a pay rate which is 0.3% cheaper than the equivalent core range. The exclusives also include the added benefit […]
Presteigne Broadcast Hire (PBH), supplier to the TV studio and worldwide live broadcast market, has been supported with a £3m working capital and refinance package by leading alternative lender to mid-sized SMEs, ThinCats. PBH was founded in 1991 and bought by management with backing from funds managed by NVM Private Equity in 2016. It operates […]
Accommodation.co.uk, the national lettings agency, has seen first-hand how the Covid pandemic has affected the industry across the UK and a recent project saw more than half (53%) of tenants, when given the option, requesting flexible rolling contracts with agreement terms of less than 6 months. The property tech firm is already causing ripples in […]
Milan – Nexi, the leading Italian paytech in digital payments, signs a partnership with Ebury, one of the world’s leading fintech companies providing global transaction banking services to businesses. According to the agreement, Ebury, founded in 2009 and with offices in 20 countries including Italy, joins Nexi Open. Nexi’s partner banks will be able to […]
eKeeper has successfully integrated DocuSign’s eSignature functionality into its intermediary focused CRM, MortgageKeeper. The feature allows new and existing brokers to sign-up with DocuSign directly and use their own credentials within eKeeper through a wide range of API Plans. As part of the integration, eSignatures can be made mandatory for every document or used for […]
National Australia Bank (NAB) is partnering with Pollinate to transform their merchant acquiring offering for small and medium-sized businesses (SMEs) across Australia. SMEs are of vital importance to the Australian economy, driving over half of the country’s economic output, and employing two in every three Australian workers. One-third of Australian SMEs bank with NAB, and […]
Distribution Finance Capital Holdings plc, a niche lender providing working capital solutions to dealers and manufacturers across the UK, today announces that, following the resubmission of its banking licence application in August 2019, the Company has received confirmation from the Prudential Regulation Authority (PRA) that the PRA, with the consent of the Financial Conduct Authority […]
Overall business confidence improved for the fourth consecutive month in September, increasing three percentage points to -11%, according to the Lloyds Bank Commercial Banking Business Barometer. The increase takes the balance to the highest level seen since lockdown was introduced in March (chart 1), though the level continues to remain well below the long-term average […]
Just Cashflow is increasing the limit on its revolving credit facility (RCF) from £500,000 to £1m in order to help SMEs deal with the fallout from the Covid crisis. Chief commercial officer, Martine Catton, explains, “Many excellent businesses have been dramatically impacted by Covid – losing access to their customers overnight with various government announcements. […]
