Independent business lender White Oak has announced that it is looking to support businesses looking to prepare for the return to work with a Business Ready Loans. The loans will range between £25,000 and £250,000 allowing the flexibility for small improvements and larger office refurbishments. As the UK emerges from lockdown and the vaccination programme […]
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has launched its new BTL product range with a limited group of directly authorised brokers and selected packager partners as part of its phased return to the market. The new range includes five-year fixed rate buy-to-let products which are available at a rate of 3.25% up to 75% […]
Europe’s leading open banking platform Tink, and payments technology provider Tribe, have entered a channel partnership for open banking technology. The partnership will enable Tribe to combine its issuer and acquirer services, with payment initiation services (PIS) and account information services (AIS) powered by Tink. Through Tribe’s technology platform, its UK customers now have seamless […]
CHL Mortgages has announced their return to lending as an intermediary-only specialist buy-to-let lender. CHL Mortgages has appointed Matt Kimber as managing director for its lending business. Kimber has been with the business for 5 years, most recently as chief operating officer. Kimber will be joined by Ross Turrell as commercial director, who will head […]
#3rdGen lender, Octane Capital, today announced its entire buy-to-let product suite, which has a pay rate starting at 3.99%, is open to all brokers with immediate effect. Previously, loans starting from £150,000 within Waves 1 and 2 were available on a semi-exclusive basis only. Octane’s highly popular buy-to-let product requires zero stress-testing, which is one […]
Just Cashflow is now providing a £10,000 flexible finance facility to businesses that qualify for its new business account in response to the record numbers of SME start-ups. Analysis of Companies House data shows over 770,000 new businesses were set up in 2020, an annual increase of over 13%. There was a particularly strong surge […]
Customers can create, issue and manage invoices on the go via the bank’s mobile app The bank’s new invoicing features will make customers’ lives easier whilst helping them to better manage cash flows Metro Bank has launched new invoicing technology for business customers using its mobile app, it announces today. The new invoicing features offer […]
Barclays today announced the launch of a suite of new products for BARX FX that further enhances its electronic capabilities and strengthens its FX offerings for clients. The suite of new products marks Barclays’ latest milestone in enhancing its electronic trading platform, BARX. Corporate and institutional clients can now leverage BARX Book for FX, Barclays’ […]
SME credit fintech Caple has launched a new loan product exclusively for management teams that want to acquire an SME through a management buy-in (MBI). Caple is able to offer access to MBI finance through its collaboration with Shawbrook Bank, the specialist SME lender. MBIs for larger SMEs, or the 36,000 UK firms turning over […]
Landbay, Europe’s fastest-growing buy-to-let lender, today launches the UK’s lowest five-year fixed rate buy-to-let mortgage. The new rate is just 2.99% and it is available up to 50% LTV on standard properties with loan sizes up to £1m. Paul Brett, managing director of Landbay intermediaries, said, “This is the only five-year fixed rate buy-to-let mortgage […]
20/04/2021
Edition 291 – March/April 2021
Receivables 2020 The 24th annual Business Money report on the UK invoice fina...
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