Lender and investor news

06/07/2020

Ultimate Finance adds bridging finance to its accreditation by the British Business Bank for CBILS

Specialist asset-based lender Ultimate Finance is today announcing that it can offer Coronavirus Business Interruption Loan Scheme (CBILS) backed bridging finance products, following earlier accreditation by the British Business Bank for term loans alongside invoice finance facilities and asset finance. Property lending has been significantly impacted by the Covid-19 outbreak with the supply of finance […]

06/07/2020

Apprenticeships: Part of our culture and recipe for a skilled workforce

The Energy & Utilities Skills Partnership (the Partnership) has today stated its commitment to apprenticeships, as struggling industries and employers across the UK pause, or are forced to end their programmes. Nick Ellins, the Chief Executive of Energy and Utility Skills who sits on the voluntary Partnership’s leadership Council advised “Today’s announcement is no quick […]

06/07/2020

New research: Businesses switch savings accounts as interest rates fall

Business owners are being urged to be “proactive and do research” when it comes to looking for best rates on savings accounts amid the pandemic. The call comes as Redwood Bank research has found that only 35% of small business owners say they know the rate of interest they are currently receiving on their business […]

06/07/2020

1pm plc promote Joe Ralphs to head of soft asset broker

1pm plc, the AIM-listed independent specialist provider of finance facilities to UK SMEs, is delighted to announce that it has promoted Joe Ralphs to the new role of head of soft asset broker. Joe steps up to the position having gained over 12 years’ industry experience and built a credible career in the 1pm Group. […]

06/07/2020

ADIB records surge in demand for digital banking services

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has recorded high levels of digital adoption across its retail and corporate banking services in the first half of 2020. Nearly 60% of ADIB’s retail customers have used digital channels, registering more than 2 million transactions every month as customers conduct a wide range of banking […]

03/07/2020

Forum of British Pubs survey indicates that only half our pubs will actually open on the 4th

Leading pub membership organisation, the Forum of Private Pubs, is reporting that only 50% of our pubs are likely actually to open on Saturday, based on a survey of their members undertaken over this weekend. Specifically focusing on the guidelines issued by the government, only 27% of the pubs responding felt they were clear and […]

03/07/2020

ABN AMRO Commercial Finance delivers £4m funding solution to recruitment conglomerate

Recruitment Investments is a UK based group of business owners who specialise in buying and selling successful organisations within the recruitment sector. The group is headed up by Recruitment Investments Limited and consists of trading entities: Champion Employment, Rugby Recruitment Services, Next Recruitment, Professional Staffing Services, Gill Cooke Personnel, Motion People and Enable Recruitment Group. […]

03/07/2020

Construction firms eye return to work with bank support

A South West construction company is protecting its workforce as it begins to reopen some of its sites with the support of a multimillion pound Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank. Chippenham-headquartered Stonewood Builders took the decision to close all sites back in March, when social distancing measures were first introduced. […]

03/07/2020

Ice cream maker celebrates centenary amid Covid-19 disruption

A family-run Suffolk ice cream producer with Italian roots is celebrating its 100-year anniversary despite the ongoing disruption thanks to funding from Lloyds Bank. Criterion Ices, headquartered in Bury St Edmunds and with a parlour – Marine Ices – and second distribution hub in London, had to close when almost all of its hospitality and […]

03/07/2020

Staffordshire based gastro pub group secures £2m CBILS package

Parogon Pub Group Limited, operator of seven gastropubs based in Staffordshire, has secured £2m of funding from Santander UK as part of the Coronavirus Business Interruption Loan Scheme (CBILS). The funding will enable the business to meet immediate cashflow needs and ready the sites for reopening this weekend. Based in Staffordshire, Parogon Pub Group is […]

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Ultimate Finance adds bridging finance to its accreditation by the British Business Bank for CBILS

Apprenticeships: Part of our culture and recipe for a skilled workforce

New research: Businesses switch savings accounts as interest rates fall

1pm plc promote Joe Ralphs to head of soft asset broker

ADIB records surge in demand for digital banking services

Forum of British Pubs survey indicates that only half our pubs will actually open on the 4th

ABN AMRO Commercial Finance delivers £4m funding solution to recruitment conglomerate

Construction firms eye return to work with bank support

Ice cream maker celebrates centenary amid Covid-19 disruption

Staffordshire based gastro pub group secures £2m CBILS package

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