Tech Nation, the growth platform for tech companies and leaders, has today announced the launch of the Fintech Pledge with support from HM Treasury (HMT) and the Fintech Delivery Panel, to accelerate the growth of the UK’s fintech sector by enabling enhanced collaboration between banks and leading fintech firms. A world-first initiative, the Fintech Pledge […]
Arbuthnot Commercial Asset Based Lending (ABL) has provided fast-growth social housing renovations and maintenance specialists, PiLON Ltd. (PiLON) with a £3.5m funding package to drive further business expansion. Over the past two years, PiLON has seen its revenues more than double, putting significant pressure on an existing funding facility that was no longer able to […]
While total UK volumes for the year are unlikely to reach the long-term average of £44.9bn in 2020, according to Savills, proportionally certain sub-sectors of the market have seen growth in their share of total investment this year: the alternatives sector has accounted for 44% (£10.2bn) of volumes, its highest proportion ever, largely driven by […]
NatWest is running an interview series featuring some of Britain’s leading business, political, and sporting names. The series, which has been created by NatWest, is available to both customers and non-customers alike and will give the UK’s 4 million SMEs the opportunity to hear directly from some of the most influential voices in the industry. […]
Foundation Student Award – Alexander Insuli, IGF Independent Growth Finance Certificate Student Award – Jamie Kemp, Lloyds Banking Group Financial Understanding Student Award – Rachel Fowler, Hitachi Capital Invoice Finance Operational Aspects of Invoice Finance or Asset Based Lending Student Award – Christine Pears, Ultimate Finance Group Ltd Legal Aspects of Invoice Finance or Asset […]
Aspen has completed a £1.5m, 75% development-exit bridge on two semi-detached newbuild homes in Hertfordshire, giving the client extra time to secure market value sales. With only snagging work remaining following delays caused by the Covid-19 pandemic, the developer was looking for a capital raise on the site whilst extending the marketing period of the […]
Mortgage Broker Tools (MBT) has launched a partnership with Alexander Hall, to provide advisers at the firm with fully integrated criteria-driven affordability sourcing. The agreement means that the MBT Affordability platform will be used by advisers at Alexander Hall to more easily research and identify the most suitable lenders to meet the loan size requested […]
The UK government needs to extend the furlough scheme urgently and ensure that targeted support is available to those sectors who have been worst hit, according to Edward Winterton, UK CEO, Bibby Financial Services: “As the government’s furlough scheme begins to wind down, and businesses are asked to contribute to the salaries of staff making […]
Lloyds Bank has teamed up with fintech software provider ConnectedFi to integrate its asset finance application programme interface (API) into ConnectedFi’s Asset Finance customer relationship management (CRM) platform. The partnership will offer a new way for asset finance brokers to access the API and secure faster credit decisions. The integration means brokers using ConnectedFi’s CRM […]
Independent business lender White Oak has today announced it has completed a securitisation facility from Barclays Bank, with agreement from the British Business Bank that this can also be available to support White Oak’s lending to SMEs through the Coronavirus Business Interruption Loan Scheme (CBILS). The British Business Bank has, at the same time, increased […]
