Nucleus Commercial Finance today announces the expansion of its ABL team with the appointment of Niall Dunphy as senior relationship manager and Odhran Dodd as regional sales director. Both Dunphy and Dodd bring extensive industry experience and will be central to developing Nucleus’ ABL proposition. Niall joins Nucleus from Santander Invoice Finance where he helped […]
Fintech small business lender iwoca will receive € 100m to finance new loans for several thousand small businesses across Germany. The debt capital is provided by Insight Investment, one of the largest global asset managers in the world. iwoca, which was set up by a German-British duo of co-founders, has already issued over € 1bn […]
The government has today published its review into the implementation of the changes to the IR35 off-payroll working rules. The review was launched on 7 January to address any concerns from businesses and affected individuals about how the reforms will be implemented.Off-payroll working rules, known as IR35, were introduced in 2000 to ensure that someone […]
Someone important at VW and it might as well be its performance division boss, Jost Capito, marvels Iain Robertson, has been on a ragga tip of late, revealing in close succession the slightly mad T-Roc R and now the comprehensively loopy Touareg R. Before VW Group became the master of all it surveys, its model-naming […]
Shawbrook Bank has provided PPS a £5.5m bespoke funding package to facilitate the business expansion to meet market demand across a number of sectors which it serves. Established in 2002, PPS has delivered continued growth in their 15-year history both organically and through acquisition. The Group employs more than 150 people across 3 strategically located […]
A hub for established brands across the globe, Superbrand will be returning on May 13th at the Institute of Engineering and Technology (IET), London, UK. Now in its third year and ran by the British Franchise Association (bfa) Superbrand has attracted some of the world’s largest franchisors and most successful multi-unit, multi-brand franchisees, and has […]
February 2020 saw the Government launch its delayed Clean Air Zone (CAZ) online checking tool, enabling motorists to find out whether they will be charged when driving in Birmingham and Leeds city centres. Its delay has been blamed for the postponement of the two cities’ CAZs, with both now expecting to see a full roll […]
Published today, the British Business Bank’s 2020 Small Business Finance Markets report highlights significant long-term growth in alternative finance volumes over the last five years, with a 32% increase in asset finance, a 131% increase in equity finance and a 374% increase in marketplace business lending. The British Business Bank was set up in 2014, […]
Invoice finance firm Optimum Finance is reporting a record year for 2019 having reached a major milestone in over £100m invoices funded last year (up from £71m in 2018). With reported income up 54% year on year, the business has also increased client numbers by more than 50% reflecting the growing need for small businesses […]
LED Creative, the specialist provider of LED lighting systems to the entertainment and media production industry, has secured funding from ThinCats, the leading alternative finance lender to medium-sized businesses. Based in St Albans, LED Creative is run jointly by directors Gerald and Sally Smith. The company currently works mostly on TV productions, including shows such […]
