Barclays Eagle Labs has officially launched its two-year programme of support for tech businesses, funded by the government’s Digital Growth Grant, to tackle some of the key issues businesses face and drive regional growth in the UK tech sector. The package of support, which will be delivered in addition to Eagle Labs’ existing activity, includes […]
Tower Hire and Sales Limited, the Welsh based specialist developer and provider of innovative CCTV towers and temporary security solutions across the UK are focussing on growth following a boost in funding from eCapital Commercial Finance. Together, directors, Mark and Jodie Davies and their team of operations and engineering staff, have built a reputation for […]
The number of brokers who say they now use an affordability system for at least two thirds of their cases has increased to 87%, resulting in more brokers working with a larger number of lenders. This is according to research by Mortgage Broker Tools (MBT) and represents a significant increase on the 70% of broker […]
Watts Commercial Finance has further expanded their team, appointing Matt Grehan as commercial manager. Matt joins Watts Commercial Finance with over 33 years’ experience in the banking industry. During his time, Matt has worked in both the major banks and more recently as a commercial finance broker working with hundreds of SME’s across the country […]
DF Capital Bank, the specialist commercial lending and personal savings bank, today announced that it has achieved its first full year of profitability as it publishes its annual results for the year ending 31 December 2022. The bank which provides working capital solutions to dealer and manufacturers also achieved record new loan origination, exceeding the […]
Responding to the latest CPI inflation figures which shows headline inflation at 10.1% and food inflation at 19.1% Helen Dickinson, chief executive of the British Retail Consortium, said: “While households will be pleased to see that inflation may have passed its peak, prices are still high. Food prices, especially for fruit, vegetables and sugar, rose […]
HeavyFinance, a European climate tech investment marketplace for the agricultural industry, has launched Green Loans to tap into a rapidly growing carbon credit market. This new debt instrument enables both retail and institutional investors to get returns from the sale of CO2 removal credits generated in European farmland. With the urgent need to take an […]
UK businesses increased their prices for goods and services at the slowest pace in almost two years in March, according to the Lloyds Bank UK Sector Tracker, indicating UK inflation was likely to ease further in the coming months. The Tracker’s measure of price inflation across UK manufacturing and services sectors fell from 62.2 in […]
Fresh data from Time Finance has uncovered the true impact of late payments for SMEs with 75% of UK businesses worrying about cashflow as a direct result of overdue invoices from their customers. In a recent survey into the worsening challenge of late payments, Time Finance found that chasing payments was damaging customer relationships for […]
Hodge is doubling the maximum lending amount per single transaction across its existing range of development finance products from £5m to £10m. The move, which is designed to open up additional funding opportunities for brokers and developers, applies to the following products: Development Finance – including residential, alternative residential, commercial and mixed use. Stretch Senior […]
