Pluto Finance has a completed a £9.7m bridge loan for the acquisition of Station House, Milton Keynes MK9, for a proposed new residential development. The 12-month bridge facility will enable the acquisition of the Station House site which comprises a five-storey building, main station concourse and ticket office of Milton Keynes train station, a ground […]
Hitachi Capital (UK) PLC today announces its latest set of financial results that demonstrates significant growth for the eleventh consecutive year. Profits grew yet again in FY19/20, by 5.1% to £129.4m which, alongside a 2% growth in new business volume and 6% growth in net earning assets, has contributed to a compounded annual growth rate […]
Lanistar and Mastercard have announced a new partnership as the fintech challenger prepares to launch its new banking alternative product later this year. Through the partnership, Mastercard will enable Lanistar to issue its game-changing new debit card product to customers in the UK, under Transact Payments Ltd. Lanistar’s flagship new product is expected to be […]
Aspen Bridging has promoted two and appointed two new members of staff as it looks to build on a strong pipeline of business forged by its innovative approach to lending during the coronavirus outbreak. Harry Baker, who joined the company in October 2017, has been promoted to credit manager having previously held the post of […]
Allica Bank, the business bank with a focus on empowering small and medium sized businesses to succeed, has today formally announced the appointment of Richard Cameron as head of asset finance. In his role, Richard is leading on the delivery of a fully integrated asset finance proposition that is transparent, easy to access and enables […]
Tens of thousands more homes and businesses in East Yorkshire and North Lincolnshire are set to gain access to high-speed fibre broadband thanks to a new £30m funding package secured by broadband provider KCOM. The two-year funding facility, provided by Lloyds Bank, will support the £280m turnover telecoms business to extend its full fibre network […]
Specialist property finance trade body, FIBA, has appointed Seddons to its panel of professional partners to provide legal services to FIBA members’ customers. Seddons is a top 200 law practice based in London’s West End, with a strong reputation for both commercial and private client work and has one of the most experienced teams specialising […]
New monthly corporate insolvency statistics out today (June 12) show a decrease in May, compared to a year ago, but this week Treasury figures also revealed businesses have borrowed just under £35bn in emergency loans. The Insolvency Service, which is now publishing the statistics monthly, said there were 944 company insolvencies in England and Wales […]
SIA Group is delighted to announce the appointment of David Ross MRICS as head of restructuring services for its Birmingham Office, further strengthening its regional team. David brings extensive asset valuation and disposal experience to the fast growing team with a reputation for managing high profile restructuring and insolvency assignments. David is a fully qualified […]
Credebt, the debtor book professionals, are proud to have worked with most of the major banks, insolvency practitioners and invoice finance companies and have achieved significant success over the years, recovering more than £300m in the last 10 years. In this case, we recovered 129% of the funds out position within 3 months of a […]
