The 2012 LIBOR scandal rocked the financial world when it was revealed it had been manipulated for profit, culminating in combined fines of around $10bn and a decision to cease LIBOR by the end of 2021. This was a welcome move to protect banks, markets and consumers from illegal behaviour. However, with greater protection comes […]
ThinCats, the leading fintech lender to mid-sized SMEs, has today announced the appointment of David Parr as director for regional business development, covering the North West. David brings an array of funding experience to ThinCats, having joined from Barclays where he was director of Specialist Finance. In this role, he supported management teams at various […]
Commercial finance trade body, FIBA, has announced the appointment of specialist lender, The Bridging Group (TBG) to its lender panel. The lender which opened its doors for short term lending business in 2018 has headquarters in Dartford, Kent and lends across mainland UK. Adam Tyler, executive chairman at FIBA, said, “We are delighted to welcome […]
Simply today announced that it is proud to have signed up to the SME Finance Charter, a voluntary agreement that shows how UK lenders plan to support their business customers. Simply’s pledges are below: 1. We’re open for business and ready to lend. 31 months after launch and a year after we started originating on […]
A study conducted by the P2P platform Robo.cash has shown that the number of search requests associated with P2P lending in Spain grew from 9,400 in July 2015 to 12,000 in June 2019. A significant increase of the queries in 2017 with a peak in March correlates with the growth of Spanish alternative finance market […]
Morgan McKinley’s Autumn London Employment Monitor offers a snapshot of hiring trends from July through September 2019. After a rollercoaster first half of the year that saw jobs spike, nosedive, level off, and threaten to head back down again, the third quarter (Q3) followed a similar trajectory: job numbers were up by 20% month-on-month in […]
London takes the spotlight again this month as risk aversion on the part of vendors leads to a massive drop in supply, according to Home.co.uk’s Asking Price Index for October. Moreover, the capital is not alone; sudden supply drops are apparent in many regions and, nationally, supply is down 17% year-on-year as approximately one in […]
Linked Finance has launched a new ‘Beyond Brexit’ loan for Irish SMEs who are in the process of preparing for Brexit. This new 18 month loan period is a new offering on the platform that allow Irish SMEs to access working capital facilities of up to €300,000 in just 24 hours. These new loans allow […]
As Britain’s top banks reaffirm their commitment to back British business through access to finance, ahead of Brexit, Purbeck Insurance Services is urging small business owners not to be deterred by a personal guarantee to secure access to funding but to look at ways they can mitigate the risk. In a survey by Purbeck, over […]
A Hertfordshire based nursery business has grown from humble roots to become the largest childcare franchise in the UK, collecting accolades along the way. Since its foundation in 2006, Mark and Rebecca Crosby’s childcare franchise Monkey Puzzle has become the largest nursery franchise in the UK, and the fifth largest childcare provider in the country. […]
