Simply, the SME funder, today announced that it is continuing to expand in Northern Ireland with the appointment two additional area sales managers – Grainne Williamson (ex Danske Bank, covering Greater Belfast); and Ross Ferguson (ex Evolution Funding, looking after vendor relationships) – both bringing a wealth of relevant and valuable knowledge to the existing […]
Philip King, chief executive of the Chartered Institute of Credit Management (CICM), has been appointed interim small business commissioner (SBC). Mr King will head the independent office of the small business commissioner(SBC) in Birmingham. It was launched in December 2017 to ensure fair payment practices for Britain’s small businesses and support them in resolving their […]
Nucleus Commercial Finance (Nucleus) and Paragon Bank PLC (Paragon) today announce a £25m funding line that will support more SMEs through secured loans and property finance. The new funding line is in addition to the existing £50m in funding that Nucleus has specifically for its property finance product. The new funding will enable Nucleus to […]
El Mexicana, the grab-and-go burrito bar, has agreed a seven-figure funding deal with ThinCats, the leading alternative lender to mid-sized SMEs. The funding will allow the business to acquire new sites and modernise facilities with self-service kiosks. Established in 2011, El Mexicana already has 17 sites across the UK. The aim over the next two […]
Linked Finance, Ireland’s leading peer-to-peer (P2P) lending platform, has launched a five-year unsecured business loan for Irish SMEs. This new loan of up to €300,000 is unique in the Irish market, meeting the needs of companies with more complex funding requirements and providing an attractive alternative to asset financing when companies are looking to invest […]
A new research report reveals how technology decision makers at UK SMEs are prioritising cyber security to ensure business continuity and growth. The report also highlights newer technologies such as robotics and AI that SMEs plan to adopt, how SMEs are using technology to power remote workforces and what technologies they are adopting for growth. […]
Late payments are hitting the mental health of small business owners, according to research published by Pay.UK, which runs the Bacs Direct Credit and Direct Debit payment services. More than a quarter (265) of SME business owners stress about late payments even when they are not at work; 17% say that payment delays undermine their […]
UK SMEs reported feeling calm about their business ahead of Brexit on 31st January, according to a survey conducted by Skipton Business Finance. The survey, conducted by Skipton Business Finance, involved businesses from varied sectors including manufacturing, engineering, recruitment, logistics and other specialist services. The data collected showed that over 50% of businesses reported feeling […]
Overseas demand for British luxury goods, homeware and sports and leisure products helped an index of UK manufacturing exports recover from a seven-year low in the final quarter of 2019, according to Lloyds Bank Commercial Bank. While UK manufacturing exports fell for the third quarter in a row in Q4 of 2019, according to the […]
In Q4 2019, the total number of retail employees fell by 1.8% year-on-year, a lower rate of decline when compared to Q4 2018 when employment fell by 2.8%. This is the 16th consecutive quarter of year-on-year decline in the retail workforce, proof that the transformation in the retail industry is ongoing. Full-time employment fell […]
