Caple helps chip design and supply house EnSilica with access to unsecured lending Alternative SME credit specialist Caple has supported EnSilica, a leading bespoke chip design and supply firm, with a £3.7m fully unsecured loan. This will enable EnSilica to continue its expansion into high-growth sectors including automotive, space and the Internet of Things (IoT). […]
Ahead of its highly anticipated launch in 2020, new SME banking entrant Recognise has appointed cloud banking provider Mambu Recognise’s appointment of Mambu and its market leading cloud-native solution, will transform and improve banking service levels by enhanced transparency, communication and speed of transactions for SMEs. Recognise, a subsidiary of the City of London Group, […]
British Business Investments (BBI), a commercial subsidiary of the British Business Bank, has announced a new £15m Tier 2 capital facility to specialist bank, PCF Bank. PCF Bank has a long history as a specialist financier of vehicles, plant and equipment. Established in 1994, and launching banking services in 2017, PCF Bank has helped more […]
The change comes amid broader improvements to the eligibility criteria for buy-to-let and home purchase plan products Minimum valuation requirement for houses in multiple occupation and multi-unit freehold blocks cut from £75,000 to £55,000 for UK buy-to-let applicants Rent only term increased to 25 years for UK expats and international residents Contractors are among those […]
Paradigm Mortgage Services has today announced the addition of marketplace for property finance, LendInvest, to its lender panel. From today, Paradigm’s member firms will be able to register with LendInvest and access its range of buy-to-let products available for properties located in England and Wales. LendInvest’s buy-to-let range offers products on standard property types, as […]
An innovative new investment vehicle to provide funds to support UK property deals – commercial and residential – has been launched by one of the UK’s leading private equity firms in conjunction with a financial technology (fintech) firm. MAVEN Bonds has been designed to provide investors with the chance to diversify their investment portfolio while […]
AccountScore and Equifax have today announced the release of a new credit risk index for the consumer lending sector which allows financial institutions to more effectively understand consumers applying for credit products. The index is based upon the transactional information found within a consumer’s bank account and takes advantages of the opportunities provided by Open […]
Mastercard has launched Mastercard Accelerate, a global initiative that simplifies the way that Mastercard works with fintechs, giving them access to everything they need to grow quickly. Offering a simple, single entry-point to the company’s wide portfolio of specialised programs, Mastercard Accelerate gives start-ups and emerging brands support and assistance for every stage of their […]
Commercial landlords are expecting the North of England and the East Midlands to provide the biggest development opportunities in the UK over the next two years with offices and flats seen as the most attractive sectors, according to a new study. The research, by specialist finance company Together, found nearly two out of five (39%) […]
(Top left to right): Norman Peterson, director of GCV and Maven Bonds; Bill Kennedy, non-executive director of GCV and director of Maven Bonds; Craig Peterson, director of GCV and Maven Bonds. (Bottom left to right): Suzanne Lupton, non-executive director of GCV and director of Maven Bonds; Simon Lenney, independent chairman of Maven Bonds An innovative […]
