ClearBank, the cloud-native clearing bank, in partnership with Tide, the UK’s leading business banking platform, have been awarded £25m to help UK SMEs turn recovery from the coronavirus crisis into a growth opportunity. The funding will be used to provide financial support and products to help SMEs address the challenges they will face in the […]
The Board of Banking Competition Remedies Ltd (BCR) today announces the results of Application Period Two of the Capability and Innovation Fund Pool E grant process. The Capability and Innovation Fund Pool E Application Period Two was open to organisations that meet the same eligibility criteria as previous Pool A, B and C bodies, which […]
Traditionally looked down on as a cheap post-war housing solution, pre-fabs could account for up to a quarter of all new homes, according to a new policy paper. The report Build Homes, Build Jobs, Build Innovation proposes a fast-track investment to construct 75,000 modular homes off-site a year by 2030. The paper is co-authored by […]
Bridgeshield has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member. Bridgeshield Asset Management provides lenders with a broad range of solutions, from property risk assessment at origination, through to asset management and LPA receivership solutions for when things don’t work out as expected. With more […]
Only 8 years after the company was launched, Capital on Tap has reached a new milestone – £2bn lent to over 120,000 small businesses and the self-employed across the UK. The news comes only a year after the company announced their first £1bn lent to UK SMEs. In times of economic uncertainty, it’s vital companies […]
Hope Capital has announced a further boost to its growing underwriting team with the promotion of Joanne McGillicuddy to senior underwriter, and the new appointment of Keiran Holmes as underwriter. Jo initially joined Hope Capital as an underwriter in 2018. Her promotion comes on the back of a record summer for the lender. It also […]
Northern Fire Solutions has secured a £200k Coronavirus Business Interruption Loan Scheme (CBILS) loan from specialist social impact lender GC Business Finance (GCBF) to fund its growth following a period of lockdown due to the coronavirus pandemic. Before lockdown, the fire door and fire screen manufacturer planned to increase efficiencies by closing its site in […]
Tech-focussed investment bank ICON Corporate Finance has brought together some of the world’s brightest minds in fintech and investment to provide a masterclass on how to successfully raise investment globally, this coming Wednesday. The free webinar brings together an expert panel of global giants who will provide the inside track on how to pitch for […]
New research commissioned by MBH Corporation plc, reveals that 43% of SME owners and senior managers think government support for SMEs during the Covid-19 crisis has been good or excellent. Four out of ten (40%) describe its support as average and just 17% as poor. MBH is a UK headquartered listed diversified investment holding company […]
1pm plc (AIM: OPM), the AIM listed independent specialist provider of finance facilities to UK SMEs, announces final results for the year ended 31 May 2020, reporting a resilient performance despite the business impact of Covid-19 in the fourth quarter of the financial year. The Company’s financial performance for the three quarters to 28 February […]
