Independent SME funder, Bibby Financial Services (BFS), has provided a significant funding facility to The Funky Appliance Company, a young UK business based in Sussex producing stylish and unique electrical appliances. The company, based in Billingshurst, designs, sources and distributes a range of small household appliances including Funky Irons, Funky Kettles and Funky Toasters. The […]
Allica Bank, the business bank dedicated to empowering small and medium-sized businesses to succeed, has announced the completion of a £1.9m remortgage for Glazing Vision, the world’s largest manufacturer of high-end bespoke glass rooflights. The remortgage deal was completed in just six weeks, from initial enquiry through to drawdown, against the backdrop of the global […]
Pepper Money has cut rates on a number of its buy-to-let mortgage products as part of its ongoing commitment to developing and improving its proposition. With landlords continuing to seek out opportunities ahead of the end of the stamp duty holiday, Pepper Money has reduced buy-to-let rates by up to 31bps and introduced new fee […]
British Business Investments, a commercial subsidiary of the British Business Bank, today announces a £30m commitment to support UK small businesses through Funding Circle’s UK SME Direct Lending Fund. The UK SME Direct Lending Fund, which launched and began lending in July 2019, gives institutional investors, including pension funds, insurance companies and local authorities, the […]
TheFreelanceFinder.com, an online hub for freelancer services, launched today with a bold mission, to empower skilled female professionals to succeed as freelancers. To accomplish this goal, founder Giorgia A. created an innovative start-up model that caters to female freelancers. TheFreelanceFinder.com, or TFF, offers free and premium memberships that allow freelancers to keep 95 to 100% […]
Independent pub chain, Urban Village Pub Company, has received £1.2m to support working capital and refinance from leading alternative lender to mid-sized businesses, ThinCats. Urban Village was founded by Ian Grundy and Gavin Drew in 2017, now operating a group of pubs across the South East of England. The company vision incorporates blending the best […]
NatWest have announced the launch of a new competition – open to anyone – to celebrate Global Entrepreneurship Week (16-20 November 2020), where they’ll show new businesses, start-ups and entrepreneurs how to write a 60-second pitch, with the chance to take home £10,000! The bank will run hundreds of free virtual pitching workshops around the […]
UK SMES have pivoted their business towards social media communication and online distribution as a result of the first coronavirus lockdown, Paragon Bank research has revealed. Over half (52%) of SMEs operating online have seen their sales increase as a result of the pandemic, rising to 62% amongst those businesses with 20-49 employees, according to […]
This week is Small Business Support Week and UK SMEs need our support more than ever. The SME Club and global expenses app, ExpenseOnDemand, have teamed up for Small Business Support Week 2020 to offer advice and support for small businesses across the UK. To help UK small businesses, after the devastating news of a […]
Secure Trust Bank’s Commercial Finance division has provided more than £50m in funding to support businesses across the country as part of the Coronavirus Business Interruption Loan Schemes (CBILS and CLBILS). The bank was one of the first alternative lenders accredited for the larger CLBILS loan scheme, and also offers the smaller CBILS facility. Since […]
