A new study, commissioned by business bank Allica Bank has looked to quantify exactly how much UK small businesses should be re-investing to succeed post-Covid. The study analysed data from over 1,000 companies and ranked their success on a scale that evaluated factors including productivity, growth, consistency and outlook. In the post-pandemic marketplace, businesses will […]
Today the British Business Bank has announced that it has approved Conister for accreditation to the Bounce Back Loan Scheme (BBLS), and Bank of Ireland (UK) for accreditation under the Coronavirus Large Business Interruption Loan Scheme (CLBILS). Conister will join the other 26 BBLS lenders who have been accredited since the scheme opened. The new […]
Arbuthnot Latham & Co., is today announcing the launch of its brand evolution. Since 2016, Arbuthnot Latham has transformed from a private bank into a full-service proposition which combines private and commercial banking, wealth planning, investment management and specialist finance businesses. As a result of these changes, the bank is now five times bigger than […]
An exciting opportunity has arisen to join a leading global banking group in a senior financial restructuring and recoveries role within their UK based asset based lending and leasing divisions. Responsible for a team of 6, the successful candidate will report directly to the head of risk and financial restructuring and will assume responsible for […]
Unity Trust Bank, the specialist commercial bank, has reported an increase in total net lending of more than £50m in its half year results. With many businesses facing uncertainty following the outbreak of Covid-19, Unity has focused on supporting its customers, with a 10% increase in lending. Despite the effect of the pandemic, pre-tax profits […]
Tandem Bank announces an exciting milestone for the business today and its aim of becoming the UK’s first green digital retail bank, as it acquires Allium Lending Group, a leading green lending business, as part of a £60m fundraising deal that was finalised last week. For the past six years, Allium has been helping customers […]
Following a rebrand from Promise Solutions to Promise Money, the specialist lending distributor has launched a brand-new website and processing system for brokers. Promise Money’s new consumer and broker facing website has been 10 months in the making and the packaging/advice process is underpinned by One Mortgage System (OMS). Both the website and the packaging […]
Azzurro Associates, a pioneer in commercial debt solutions (CDS), has appointed experienced fintech executive Stefan Acklam as finance director. Stefan has more than 20 years’ expertise in financial services in the UK and US, having recently been finance director for a well-known challenger bank, supporting the business through its Prudential Regulation Authority (PRA) approvals and […]
Registration has opened for Association of Short Term Lenders (ASTL) Annual Conference, which will take place online as a virtual conference on Tuesday 22nd September. The event, which has traditionally only been open to a limited number of delegates from members and associate members of the ASTL is also being opened up to a wider […]
Nucleus Commercial Finance today announces it has digitised the end-to-end user journey for all finance applications, including loans through the Coronavirus Business Interruption Loan Scheme (CBILS). Following significant investment in technology and a pilot to test it’s capabilities, businesses and brokers now benefit from almost instant decisions on applications up to £250k, ensuring SMEs can […]
