The British Business Bank has agreed a new facility with BFS Marine Finance, designed to increase the flow of finance to smaller businesses within the commercial marine sector. The structured finance facility of up to £20m will allow BFS Marine Finance to provide secured financing facilities for the acquisition or refurbishment of marine assets operating […]
Founded in 1988, Rosehill Polymers Group is a UK manufacturer of high-performance polymer systems using recycled rubber. Its solutions are widely used across sectors such as highways, rail, energy, sport, and security infrastructure. In 2023, UKEF, the UK government’s export credit agency, issued a credit guarantee for Rosehill under its General Export Facility. This unlocked […]
China is sending an unmistakable message to Washington: it’s fully prepared for a deepening trade war, and it is not backing down. This is the worrying warning from Nigel Green, CEO and founder of global financial advisory giant deVere Group. The latest moves out of Beijing show a government bracing for extended economic conflict with […]
The latest HPI data from e.surv, powered by Acadata, shows a modest 0.1% annual increase in the average sale price of a home in England and Wales, reaching £359,000 in March. This marks the third consecutive month of positive growth, reflecting a gradual recovery in the housing market. This news comes alongside a -1.4% annual […]
Business Enterprise Fund – a Business Support Partner (BSP) for the British Business Bank’s Start Up Loans programme – has provided Northern businesses with over 4,500 loans through the programme, totalling more than £50m. Through Start Up Loans, Business Enterprise Fund has supported the founders of smaller businesses across a range of sectors and locations, […]
Hoist Finance UK, which is being reborn as a ‘new’ business with a clear mandate to buy consumer debt, has further strengthened its senior management team with the appointment of Sam Joshi as commercial director. Sam will support the business to grow as it refocuses its operations in the UK to concentrate solely on becoming […]
LendInvest Mortgages (LSE: LINV), a UK-based fintech company specialising in alternative lending, has announced today a reduction of 20 basis points (bps) on its 5 and 7-year fixed term buy-to-let products (BTL). The rate reduction covers the entire suite of 5 and 7-year BTLs along with bridge-to-let products, which give property investors the ability to […]
Shawbrook has provided an eight-figure revolving credit facility to bridging lender Bluecroft Finance, supporting the company’s expansion as it continues to grow its presence in the UK lending market. The revolving credit facility includes an accordion feature that allows for a potential 50% expansion, offering flexibility for future growth. Established in 2023 and based in […]
New data from independent business finance provider, Time Finance, has revealed a lack of SME awareness and understanding of Invoice Finance with over 70% of the SME business community either unaware of or opting out of the cashflow finance solution. The data forms part of Time Finance’s Finance Apathy survey in partnership with Censuswide, which […]
The British Business Bank today announces it has made a cornerstone commitment of up to £36m to Osney Capital’s Fund 1 through its Enterprise Capital Funds programme. The Fund, which is oversubscribed from its original target of £50m, is the first UK-focused cyber specialist seed fund to focus exclusively on early-stage UK cyber security. Osney […]
