Specialist lenders, Aldermore, Lendhub and Proseed Capital have collaborated on a £34m finance facility to enable the conversion of a large commercial unit into 108 units in Canary Wharf with a gross development value of £55m. The facility is majority funded by Aldermore who have provided £29m, making it their biggest property development deal to […]
The Riverlinx Consortium took the top spot this month with a single award valued at £1bn to deliver the Silvertown Tunnel development in London. The Consortium contains Aberdeen Standard Investments, BAM PPP PGGM, Cintra, Macquarie Capital and SK E&C. Mace and Skanska were in second and third place for January 2020, with a total contract […]
Leumi UK – the London-based subsidiary of Israel’s leading international bank – and LeumiTech, Leumi Group’s technology banking practice hosted a joint tech-focused discussion, bringing together influential figures from the technology industry – including senior representatives from Google, Facebook and Amazon – to engage in an open discussion on the state of the tech landscape […]
Bridging lender Hope Capital has started 2020 with its best ever January performance. Hope Capital is well-placed to tap into the surge of confidence in the market that has followed the general election in December. It combines a range of products designed with borrowers’ needs in mind, with quick decision-making and a flexible approach that […]
Aldermore understands landlords want to keep costs down when managing their portfolios and investments, so we now offer reduced rates and upfront fees to assist portfolio management: New fee free limited edition 5 year fixed rate products – Fee free remortgage from 3.48% for individual landlords with single residential investment properties Free valuation and assisted […]
Metro Bank opens its 74th store on Friday 14 February in Hammersmith in the Kings Mall. Metro Bank offers customers the choice to bank however, whenever and wherever they choose – whether that’s face-to-face banking in store, on the phone, online or via its mobile app. To mark the occasion, Metro Bank is inviting businesses, […]
Paris and Shenzhen based fintech startup, EasyEuro, offering digital banking services to SME trading between Europe and Asia – with initial focus on China, has announced the completion of a US$4m pre-A funding round. This round of financing is mainly to be used to accelerate company growth in product development, talent recruitment and market expansion. […]
The value of British goods sold to countries outside of the EU increased throughout 2019, according to Lloyds Bank Commercial Bank. The increase helped offset the falling value of UK exports to the continent. While analysis of the latest trade figures from HMRC revealed that the EU is still the UK’s single largest trading partner, […]
Yorkshire-based SME funding specialist One Stop Business Finance has completed a major investment programme at its HQ to increase office space and facilitate its projected growth in both personnel numbers and client deals during 2020. The self-funded £100,000 capital programme at OBSF’s base, ‘The Cow Shed’ in Laytham near Pocklington, has boosted office space by […]
The Midlands Engine Investment Fund (MEIF) has appointed a new fund manager and made £40m available to invest in the region’s small businesses. Appointed to address regional demand for alternative debt finance options, The FSE Group will manage the £40m debt fund, with the capability to invest between £100k and £1.5m in businesses based in […]
