Specialist asset-based lender Ultimate Finance announces the promotion of Nick Haggitt to head of sales for the South. This promotion is part of a wider bolstering of the sales team on the back of a strong performance in 2020, when the funder provided £125m in new funding facilities and more than £1.5bn to SMEs throughout […]
An exceptional opportunity has arisen for a highly motivated and successful sales professional to join the sales team of a highly reputable asset based lending provider in the South of England. The role requires a driven, outgoing commercial finance professional to proactively source new asset based lending business from a network of professional introducers including […]
Scottish chartered accountancy practice Wylie & Bisset has significantly expanded its business recovery and insolvency department with the appointment of the senior management team from mlm Solutions. In a development regarded as a signal of its intent and confidence in the market, Wylie & Bisset has appointed former mlm Solutions managing director Maureen Leslie as […]
Arbuthnot Commercial Asset Based Lending (“ABL”), a specialist asset-based lender focused on delivering facilities to SMEs and lower mid-market corporates, is pleased to announce the appointment of Josh Thorneycroft as business development director for the Thames Valley and London region. Arbuthnot Commercial ABL has seen strong growth in recent years. In 2020 the value of […]
The past 12 months have presented unprecedented challenges for small businesses. Many have undergone severe hardship during the Covid-19 pandemic, and some have closed completely. Even in this harshest of climates others have been able to keep trading, start up or even thrive. The British Business Bank’s Start Up Loans programme has issued £100m of […]
Business leaders’ understanding of the implications on net zero on their organizations is poor according to the first Net Zero Barometer Report published by BSI, which surveys 1,000 senior decision makers and sustainability professionals in the UK. 64% of those we surveyed were not confident they fully understood what impact it could have for their […]
Following ThinCats’ recent announcement of a record year for lending in 2020 with almost £300m provided to mid-sized businesses across the UK, the company has added to its Northern credit team with the addition of Ben Drummond as credit partner. ThinCats operates a regional credit model where origination and credit terms work together to service […]
Castle Trust Bank has recruited Nick Bennett as its new chief technology & operations officer (CTOO). Nick has more than 15 years’ experience in technology and banking, having worked at Tandem Bank for the last three years and Santander for 11 years previous to that. He has led strategic organisational and transformational programmes and has […]
BREAL Zeta provides £16m ABL facility to support the acquisition of Evtec Automotive out of administration, saving 100 jobs and creating up to 50 more BREAL Zeta has structured and delivered a £16m asset-based lending (ABL) facility to enable David Roberts, industrialist and former group chairman of Arlington Industries until 2014, to acquire Arlington Engineered […]
Nucleus Commercial Finance, one of the specialty lenders which manages several loan portfolios for Prestige Funds, has been accredited by UK government owned British Business Bank as a provider of GBP 200 / USD 270m in loans under the Coronavirus Business Interruption Loan Scheme (CBILS). This tranche of capital is being provided by two large […]
