The latest sentiment survey from the Association of Short Term Lenders (ASTL) shows that bridging lenders are upbeat about the long term prospects for the UK economy despite the uncertain outlook and immediate challenges faced by the sector. The research, which was conducted amongst members of the ASTL in the first half of July, found […]
Arbuthnot Commercial ABL is pleased to announce the recent completion of a £2m financing for Climatec Windows Limited and Alu-Tec (UK) Limited. The facility will be used to support the group’s day-to-day management team in the acquisition of a material equity stake alongside its existing shareholder directors, Steve Barker and Phil Bates. This has meant […]
The accountancy profession can play a key role in helping businesses access the finance they need to secure their future beyond the pandemic, according to leading small business lender iwoca. Small businesses need help from their accountants in applying for finance. iwoca is therefore aiming to make it easier for accountants to give their clients […]
A South Devon holiday park is back up and running and looking to sunnier times ahead following support from Lloyds Bank. Brixham Holiday Park had to close its doors to holidaymakers throughout spring, when accommodation at the site would usually be fully booked, and furlough a number of employees. In order to support staff and […]
On Friday, Boris Johnson held out the prospect of a “significant return to normality” by Christmas as he announced a fresh easing of lockdown restrictions in England. After four months of encouraging the public to work from home to help contain the spread of coronavirus, the prime minister said from 1 August the onus would […]
Specialist asset-based lender Ultimate Finance is today reporting that June 2020 was a record-breaking month for its asset finance offer, with a 50 per cent increase in deals secured in May resulting in its loan book reaching a record high of £60m. The growth in demand for asset finance indicates an increased appetite from businesses […]
PropertyPal Mortgages, the mortgage arm of Northern Ireland’s leading property portal, has teamed up with eKeeper to launch its own mortgage pre-approval software which will significantly speed up the initial stages of the mortgage application process. In a way never done before, PropertyPal Mortgages has been able to incorporate technology from both eKeeper & Experian. […]
According to the latest quarterly job market report from CV-Library, the UK’s leading independent job board, job numbers in the finance industry plummeted by 74.2% in Q2 2020, compared to the previous quarter; and by a further 73.6% year-on-year; as businesses struggled to operate during the global pandemic. The job board analysed millions of data […]
Britons under lockdown have experienced a significant spike in impersonation scams, with June seeing a surge in the monthly figures for scams involving con artists pretending to be police or bank staff. New data provided by Barclays reveals the figures for impersonation scams in June to be nearly double that of the previous month. Additionally, […]
Intelligent Environmental Services (iES), a leading North West environmental consultant, has secured a £500k invoice finance facility from Advantedge as it looks to build on its recent merger with Winsulate. Based in Bolton, iES provides expert hazardous material consultancy to a broad range of commercial clients, specialising in asbestos, contaminated land and wider environmental contaminants […]
