Railsr, the leading global embedded finance experiences platform, is partnering with DND Finance (DND), a multinational commercial equipment finance provider, to launch the Score Credit Mastercard. Branded as the Score Credit Mastercard by DND, it is aimed at personal users and business owners with a less-than-perfect credit record including entrepreneurs and students. The card is […]
A specialist business bank has launched its first fixed rate mortgages to support its business customers through the current challenging economic conditions. Redwood Bank, which this year is celebrating five years in business, is offering the assurance of consistent monthly payments over two or three years. Gary Wilkinson, CEO and co-founder of the Bank, said: […]
Rising costs are piling the pressure on private landlords and investors, increasing concerns that some will be unable to hit the government’s energy efficiency targets. The residential property sector has come under mounting pressure to raise energy efficiency standards with official statistics suggesting that over half of the homes in England are rated D or […]
Hodge has launched a new Refurbishment Bridge Finance product to help experienced property developers in making improvements or changing the layout of an existing property they have invested in. The Refurbishment Bridge Finance product has been created to provide short term funding to assist with updating existing properties where structural changes or revised planning consent […]
Specialist short-term lender, Hope Capital, has taken on board the feedback received from brokers and borrowers and streamlined its overall proposition to provide an even more affordable, flexible and adaptable product range. This includes introducing the Hope Guarantee. At a time when interests rates are increasing and more bridging finance lenders are introducing variable rates […]
Starling Bank’s business banking customers can now make bulk payments to multiple recipients. The new subscription service can be used to help support payroll, reimburse staff expenses or pay suppliers, all at the same time. The Bulk Payments feature has been launched by Starling to process payments at scale for businesses. With small businesses in […]
As consumers face seven in ten ATMs risking closure due to operators facing rising costs, PayPoint today marks passing £20m in cash distribution by consumers using its free, any denomination (1p-£50 per transaction), no purchase necessary cash withdrawal service, Counter Cash. Launched in November 2021, the free cashback-without-purchase service is now available over the counters […]
Tuscan Capital, the short-term property finance specialist, has announced the launch of a new base rate tracker option. The new option is available across Tuscan’s Fast Track Residential Bridge loans as well as its commercial and refurbishment loan products. The base rate tracker option compliments Tuscan Capital’s existing range of fixed-price products. Tuscan’s base rate […]
Impact Specialist Finance, the leading specialist packager and distributor, has launched a brand-new buy to let mortgage range via MT Finance. This range is only available through a select group of packagers, which includes impact Specialist Finance. The products include a 125% income coverage ratio, they are available to first time buyers and also allow […]
Hampshire Trust Bank (HTB) has made positive changes to its holiday let proposition, in a move which highlights its appetite in this area of specialist buy-to-let lending. HTB has increased three of its limits relating to short-term let (i.e. holiday let) properties: the maximum number of short-term lets allowed in a single portfolio is now […]
28/07/2022
Edition 301 – June/July 2022
High quality By Business Money group editor Robert Lefroy Financial services...
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