B-North, the Manchester-based firm building an SME lending bank for the UK, has chosen Leeds based RegTech innovator, TruNarrative, to provide a full suite of customer onboarding and compliance capabilities that will enable B-North to deliver crucial business lending up to 10x faster than large incumbents. TruNarrative’s platform capabilities will be added to B-North’s selected […]
A regional housebuilder has been able to support its future with a multi-million-pound Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank. Aquinna Homes, which is based in Beaconsfield and owns developments across the South East, was started in the garage of ex-Taylor Wimpey and Bovis Homes executive, Stephen Brazier, in 2004. The business, […]
Online shopping has outstripped all other forms of spending over the past month, with more than half of UK shoppers (57%) saying they are shopping online more than ever and record numbers signing up to virtual experiences like home fitness classes, TV and film subscriptions and online learning during lockdown. The research from Mastercard revealed […]
A packaging manufacturer in Peterborough is making the most of the lockdown period by trialling new sustainable products, thanks to support from Lloyds Bank. R Howard specialises in designing and making packaging for the food and drink, beauty and pharmaceutical sectors, with customers including Krispy Kreme doughnuts and Emma Hardie cosmetics. The coronavirus lockdown saw […]
City leaders are urging York’s business community to support the city’s economic recovery by joining sector-focused recovery groups. The council is developing plans to support the city’s economic recovery, incorporating the priorities outlined in the recent Council Plan, including making York a greener and more inclusive city. To kick-start this process, a strategic business leaders […]
The British Business Bank has announced that it has approved two new lenders for accreditation to offer Covid-19 business loans to small businesses across the UK. Tide will join the other 16 lenders who have been accredited to the Bounce Back Loan Scheme (BBLS), since the scheme opened last week. Alternative finance lender Liberis has […]
A family run self-storage firm’s investment in new technology that will help its customers and staff socially distance is back on track, with support from Bank of Scotland. Red Squirrel Storage Centres offers indoor and outdoor storage containers and office space rental to Scottish consumers and businesses across two sites in Cumbernauld and Broxburn. The […]
The Coronavirus Business Interruption Loan Scheme and the newly introduced Bounce Back Loan Scheme are now thought to have provided over £10bn worth of loans to the UK’s small businesses. The Bounce Back Loan Scheme especially has had a tremendous impact, with over £5bn of funding approved in the first three days. For many businesses […]
A sports clothing manufacturer has been able to safeguard jobs during the coronavirus crisis and prepare for its post-lockdown future, thanks to new financial support from Lloyds Bank. Northern Clothing Company in North Shields manufactures sports clothing for sports teams, clubs and schools across the UK under its own brand – Core-37. The brand’s website […]
Leading UK invoice finance firm Optimum Finance has announced a new funding line increase to £16m as it strives to provide small and medium businesses with access to immediate funds to enable a long-term healthy cash flow position. The business has also unveiled that it will be able to provide larger SMEs with amplified support. […]
