A South Staffordshire-based wine producer and retailer has been able to expand its production and has diversified its operations during the coronavirus shutdown, after securing support from Lloyds Bank. The Halfpenny Green Wine Estate faced difficulties on both the agricultural and retail sides of its business due to the COVID-19 outbreak. Alongside adjusting to the […]
Hard to imagine that in the last article we were thinking about something so humdrum as the possibilities for future transport options and the lessons they might hold for the development of technology in our Industry. How the world changes! Our lives, in such a short space of time, have been massively affected and previous […]
Ebury is the first non-bank financial institution to be granted approval to provide SMEs with loans under the Italian government’s guarantee scheme “Garanzia Italia”. The scheme, which is available to Italian businesses with less than 5,000 employees and €1.5bn turnover, provides government guarantees to cover up to 90% of the loan value. Ebury’s participation follows […]
Independent SME funder, Bibby Financial Services (BFS) has provided a £600,000 funding facility to Tech Professionals Ltd. a technical recruitment company which supplies engineers, technicians and other expert roles across a range of industries, specialising in providing contract staff for off-shore, sub-sea projects such as windfarm construction, power cable laying and underwater robotics testing. The […]
Data compiled by Finbold.com shows by the end of March 2020, challenger banks app downloads dropped by 23.38% on average amid the Coronavirus pandemic. The data shows that during a similar period last year, these banks were witnessing a rise in downloads. Among impacted challenger banks is Monzo whose downloads declined by -36.12% between February […]
An SME civil engineering firm that has worked on projects at St Paul’s Cathedral and The Oval cricket ground has safeguarded jobs amid widespread construction site closures after receiving a time critical loan from Lloyds Bank. Foran Construction, which offers groundwork services for commercial and civil engineering projects across the South East, is based in […]
20-49 employee companies struggling There are more than 80,000 SMEs employing between 20 and 49 and we are looking at the challenges they are facing since the Corona virus lockdown. They play a key role in the UK economy in terms of employment and GDP. Businesses Employment Turnover […]
Banking Competition Remedies Ltd (BCR), the independent body established to implement the £775m Royal Bank of Scotland (RBS) State Aid Alternative Remedies Package (ARP), today invites potential applicants to participate in its consultation on Capability and Innovation Fund Pool E £100m grant funding. This funding round is for the £100m returned to BCR by Metro […]
The owner of a vehicle rescue and recovery firm says the business he built up from a single truck to a fleet of 75 was facing the end of the road when the coronavirus outbreak hit, but its future is now secure thanks to support from Lloyds Bank. Bud Rescue & Recovery provides a 24-hour […]
HPDLendScape, a leading secured lending platform vendor, today announces new upgrades to its supply chain finance (SCF) solution. The new enhanced solution will make it simpler and faster for lenders to onboard and support buyers and suppliers, giving businesses more streamlined access to much needed working capital during the COVID-19 pandemic. Bringing together buyers, suppliers […]
