MarketInvoice has today updated its name to MarketFinance. The fintech business lender established in 2011, has provided over £2.6bn in lending to thousands of UK businesses. Using its proprietary technology and risk engine, coupled with a personalised service to enhance the lending experience, MarketFinance has enabled businesses to seamlessly access credit lines to suit their […]
Moody’s Analytics Knowledge Services today announces its rebrand as Acuity Knowledge Partners (“Acuity”) following the completion of its management buyout from Moody’s Corporation, supported by the European mid-market private equity investor Equistone Partners Europe Limited (“Equistone”). Acuity, a leading provider of bespoke research, analytics and automation technology to the financial services sector, has also appointed […]
Fiduciam, that last month announced it had met its staffing target for 2019, has just completed its best month since being established. The company granted £43.5m of new loans in October. Last week Fiduciam announced its largest loan in Germany to date and all the countries that the company lends in (UK, Ireland, Spain, Netherlands […]
Aldermore, the specialist bank, has launched a new online portal for brokers named Asset Backer. The new platform aims to simplify and improve the efficiency of transactions between small businesses and brokers. Now available via Aldermore’s website, the Asset Backer portal enables brokers to: Easily manage their portfolio in one place Calculate and deliver quotes […]
Latest Coutts London Prime Property Index reveals that a fall of -0.8% in the three months to the end of September was enough to cancel out the price growth in the first half of the year. New instructions also remain low, -10.5% down on last year and -45.2% below the 2014 peak, making it a […]
Secure Trust Bank Commercial Finance has funded £1bn worth of customer invoices in the last year, bringing its total amount lent to over £4bn since launching in 2014. The commercial finance arm of the FTSE-listed bank provides a full suite of asset based lending facilities to businesses across the UK, ranging in size from £1m […]
Nucleus Commercial Finance, an alternative finance provider, has today announced changes to its cashflow finance product, delivering more finance options for the UK’s small and medium sized businesses. Following feedback from brokers, the original three year product will now be extended to a maximum term of five years. This change is available to those businesses […]
The uncertain outlook for the UK economy has led to reduced optimism, according to the results of the Q3 2019 RICS UK Construction and Infrastructure Market Survey. With anecdotal evidence from respondents suggests that the housing market slowdown, coupled with unrelenting Brexit and political uncertainty, is weighing on investment decisions. The survey results point to […]
Sancus BMS Group, the niche asset backed alternative lender, has announced that Bob Rowbotham has joined their team in London as director of business development. Bob will be responsible for developing relationships and generating business from brokers and borrowers throughout the UK. Bob’s most recent position, as commercial banking director of real estatefinance at Metro […]
Global SME partner, Bibby Financial Services (BFS), has announced the appointment of Karl Leitelmayer as its head of business centre for trade finance. Karl is an invoice finance specialist with over 30 years’ experience in the financial services sector. He joins BFS after 19 years at Lloyds Banking Group, most recently as head of broker channel sales – […]
