Pluto Finance has a completed a £12m Senior Development Loan for a residential-led mixed-use scheme by Dominvs Group on the site of The Fox public house in Palmers Green, London N13. The 0.64-acre site at One Fox Lane was acquired by Dominvs Group in September 2018. The loan facility from Pluto Finance will enable the […]
Haydock Finance has negotiated a £5m block discounting facility with Wesleyan Bank. During the height of the pandemic, Haydock maintained their commitment to supporting SMEs across all sectors which has resulted in a surge of asset finance applications. With net receivables exceeding £320m, Haydock has reported a 42% increase in new business levels for July […]
Hope Capital has today announced the appointment of Mike Watson as a senior underwriter. Mike joins Hope Capital from Together, where he was senior bridging underwriter. He has also previously worked as an underwriter for Evolution Finance, and is CeMAP-qualified from the London Institute of Banking & Finance. A strong performance since lockdown, and its […]
The Covid-19 pandemic and the subsequent workplace disruptions have had a major impact on the financial services sector, in particular how they combat financial crime. Following a successful pivot to virtual events in the first half of 2020 for their PrivSec series of events, GRC World Forums have announced the launch of FinCrime World Forum […]
The African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC), have partnered with the African Organisation for Standardisation (ARSO), to launch a new Arab-Africa Trade Bridges Program (AATB) initiative called the Harmonisation of Standards for Pharmaceutical and Medical Devices in Africa, aimed at promoting the quality and safety of medicines and medical […]
Specialist branded merchandise agency,HMA Creative, has secured a £1.35m funding facility from Independent Growth Finance (IGF), which combines a CBILS loan and confidential invoice discounting solution. The Aylesbury-based creative agency provides promotional marketing merchandising to some of the leading drinks brands in the UK, such asJameson Whiskey, Absolut, and Malibu. The team of product engineers, […]
Family fun restaurant Yamas Tapas and Meze opened in Nottingham in 2001. It’s so popular that owners, the Ktori family, had completed renovations to double its capacity just weeks before lockdown forced it to temporarily close. The restaurant applied to the government’s Bounce Back Loan Scheme through Santander UK for funding to help safeguard the […]
Martine Catton has been appointed chief commercial officer for Just Cash Flow PLC and is looking forward to the challenge of helping SMEs make a major contribution to the post Covid economic recovery. Just Cashflow executive chairman, John Davies, says, “Martine will further strengthen our management team with her extensive industry experience that includes key […]
New research from Aldermore bank, reveals that the Covid-19 pandemic has caused a 30% loss in monthly business income; a small improvement from 34% in April for the average small and medium-sized enterprise (SME). Nearly one in five (18%) small businesses have seen a decrease of more than 70% of their business income. To ensure […]
The new IFB Research Foundation The State of the Nation: The UK Family Business Sector 2019–20 report published today showcases the unwavering relevance and contribution of family firms. In the UK there are 5.1 million family businesses, making up 87.6% of all businesses. They employ 14.2 million people, half of all employees in the private […]
