ThinCats, the leading alternative lender to mid-sized businesses, has provided a CBILS loan to fund the acquisition of a new care home by Devonshire Care Ltd, an operator of over 20 years’ standing, currently with a group of four care homes across Yorkshire and Lincolnshire. As part of an ongoing growth plan, Devonshire Care is […]
The UK property market recovery continues, stepping up a gear in response to considerable pent-up demand and delayed sales, according to Home.co.uk‘s Asking Price Index for August. Estate agents had a phenomenally busy month in July, taking on vast amounts of new instructions at the same time as properties were being snapped up. Moreover, new […]
Crystal Specialist Finance (CSF) has further strengthened its sales function with the appointment of Satwant Bhandal to a newly created role as corporate relationship director – Midlands and North. In this new role, Bhandal takes responsibility for developing long-term relationships with leading firms in the professional services sectors including solicitors, accountants, architects and insolvency practitioners. […]
Data Analysis by Mortgage Broker Tools (MBT) has found that, while lending options remain restricted at higher LTVs, most brokers using MBT Affordability are still being offered mortgages that meet their clients’ requirements. MBT analysed enquiry data from the MBT Affordability platform for the first six months of 2020 and found that, while lender appetite […]
Responding to the latest HM Treasury figures on Covid-19 support for businesses, managing director of Commercial Finance at UK Finance, Stephen Pegge, said: “As the economic effects of the pandemic continue to develop, the UK’s banking and finance industry remains committed to helping the nation’s businesses through the crisis. “The Bounce Back Loan Scheme now […]
West One has today, 12th August, launched two limited edition buy-to-let products, both of which are available for standard and specialist landlords. The loans benefit from West One’s ‘no credit scoring’ approach, with specialist underwriting on all applications. These two limited edition products come just one week after West One announced the relaunch of its […]
The UK’s used car market declined by -48.9% in the second quarter of 2020 with just 1,039,303 units changing hands, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). The decline followed a bumper January and February, with growth going into reverse as coronavirus lockdown swept the UK. The […]
YourZooki, the provider of specialist Liposomal Vitamin C and CBD supplements, has secured a £950K funding package from Investec to fulfil a significant spike in sales and market demand. The Blackpool-based business utilises a variety of patented technologies, including encapsulation and liposomal delivery systems, to create unique, effective and innovative health products. These all-natural products […]
Businesses who took up the option of a three-month payment break during the coronavirus lockdown should not be penalised or disadvantaged for taking the break when now seeking finance. This is the message from Hampshire-based asset finance company Dawsongroup Finance. A number of businesses have approached Dawsongroup Finance for funding on assets after their current […]
As the migration away from traditional payment methods in the UK accelerates, younger generations are leading the adoption of alternative payment methods (APMs) such as bank transfers and e-wallets, reveals a new study from PPRO. According to the findings, 42% of Millennials (born between 1980-1993) and 35% of Generation Z (born between 1994-2001) feel confident […]
