Latest Commercial News

NOTES FROM THE ROAD #2: Spotcap at the Commercial Finance Roadshow in Derby and Reading

NOTES FROM THE ROAD #2: Spotcap at the Commercial Finance Roadshow in Derby and Reading

This week's Notes from the Road is from Spotcap's commercial partnership manager, Shyam Lakhani, on his experiences in Derby and Reading...

16 Nov 2017

Commercial loans 'are the real opportunity', says ABC

Commercial loans 'are the real opportunity', says ABC

The residential bridging market has its attractions but has become a crowded market place led by the promise of low interest rates combined with high expectations, says Alternative Bridging Corporation Limited.

15 Nov 2017

Aldermore calls for creation of an Entrepreneur ISA

Aldermore calls for creation of an Entrepreneur ISA

Ahead of the Chancellor’s Autumn Budget, Aldermore, the specialist bank, is calling on the Government to back Britain’s small businesses through the creation of an Entrepreneur ISA.

15 Nov 2017

Hampshire Trust Bank enhances short term lending product

Hampshire Trust Bank enhances short term lending product

Hampshire Trust Bank’s Commercial Mortgages team has enhanced its short term lending product in response to broker feedback.

14 Nov 2017

Brightstar's Private Label launches new 'Bridging Buster' product

Brightstar's Private Label launches new 'Bridging Buster' product

Brightstar Financial is today launching four new and exclusive, specialist residential and buy-to-let mortgage products under its Private Label brand.

14 Nov 2017

Smart Money expands Scottish operations

Smart Money expands Scottish operations

Specialist finance broker Smart Money has moved its Glasgow operations to larger premises on the back of a successful 2017.

14 Nov 2017

Masthaven appoints James Bloom as short-term lending MD

Masthaven appoints James Bloom as short-term lending MD

Masthaven has announced that its current Managing Director of development finance will move over to lead its newly-launched short-term lending division.

13 Nov 2017

No slowdown for bridging lenders, says ASTL

No slowdown for bridging lenders, says ASTL

Figures compiled by the ASTL’s auditors from its bridging lender members for Q3 2017 have painted a vivid picture of the sector. While the value of loans written for the quarter ending 30 September 2017 showed a slight drop compared with Q2 2017, there has been no slowdown over the last 12 months, with the annual figure rising by 16.1% to £3.2 billion.

08 Nov 2017

Two-thirds of brokers see rise in bridging loan volume

Two-thirds of brokers see rise in bridging loan volume

Some 65% of brokers noticed a rise in bridging loan volume in the third quarter of 2017, an increase on 48% in the second quarter, according to the latest Broker Sentiment Survey conducted by bridging lender, MTF.

08 Nov 2017

Innovation loans for small businesses launched

Innovation loans for small businesses launched

Small businesses with ground breaking ideas will be able to access new innovation loans from today, Innovate UK has announced.

08 Nov 2017

 

Metro Bank grows commercial team

Metro Bank grows commercial team

Metro Bank has today announced the strengthening of its Inward Investment and Cash Management Teams, with the appointments of Charles O’Neill, as Head of Inward Investment and Jennifer Laing, as Head of Cash Management.

08 Nov 2017

P2P business lender tops £50m milestone

P2P business lender tops £50m milestone

ArchOver, the peer-to-peer business lending platform, has announced it has now facilitated over £50 million of lending with no losses or late payments.

08 Nov 2017

Ultimate Finance records 65% increase in asset finance lending

Ultimate Finance records 65% increase in asset finance lending

Ultimate Finance Group, funding partner to UK SMEs, has seen significant growth in its asset finance book, with money advanced up 65% and a 60% rise in the number of asset finance clients, from September 2016 – 2017.

07 Nov 2017

In the Spotlight with Stuart Law, Assetz Capital

In the Spotlight with Stuart Law, Assetz Capital

We spoke to Stuart Law, owner and founder of Assetz Capital, about the P2P market and how the FIFSA is the next big thing.

01 Nov 2017

MarketInvoice launches business loans

MarketInvoice launches business loans

MarketInvoice has launched business loans today, which will complement their suite of invoice finance solutions.

01 Nov 2017

British Business Bank & United Trust Bank join for £500m SME housebuilding boost

British Business Bank & United Trust Bank join for £500m SME housebuilding boost

United Trust Bank has secured an ENABLE Guarantee via the British Business Bank which will allow UTB to increase significantly the amount of development finance it provides to UK SME housebuilders.

31 Oct 2017

West One Loans partners with Tenet Group

West One Loans partners with Tenet Group

Short-term bridging finance provider West One Loans has partnered with Tenet Group to offer its first and second charge bridging products directly to Tenet members.

31 Oct 2017

Castle Trust doubles max development finance loan size

Castle Trust doubles max development finance loan size

Castle Trust Capital has expanded its development finance offering, doubling its maximum loan size and now lending up to £20m on loans up to 65% GDV.

30 Oct 2017

Octopus Property launches first commercial term loan product

Octopus Property launches first commercial term loan product

Specialist finance provider Octopus Property has announced the launch of its new commercial term product.

30 Oct 2017

NOTES FROM THE ROAD: Spotcap at the Commercial Finance Roadshow

NOTES FROM THE ROAD: Spotcap at the Commercial Finance Roadshow

Spotcap's Stuart Urquhart discusses life on the road with the Commercial Finance Roadshow in Newcastle and Barnsley...

27 Oct 2017

Ashley Finance appoints Dawn Trustam as sales director

Ashley Finance appoints Dawn Trustam as sales director

Ashley Finance has announced the appointment of Dawn Trustam as sales director.

27 Oct 2017

Octane announce new Senior BDM

Octane announce new Senior BDM

Octane Capital have announced the appointment of Liam Lawlor who will take the role of Senior BDM.

26 Oct 2017

Midlands Asset Finance cements presence in Yorkshire with new Senior BDM

Midlands Asset Finance cements presence in Yorkshire with new Senior BDM

Financial services broker, Midlands Asset Finance (MAF), has bolstered its presence in Yorkshire by appointing a new Senior Business Development Manager in the region.

26 Oct 2017

Growth Street plans £50m investment into Midlands SMEs

Growth Street plans £50m investment into Midlands SMEs

Growth Street, an alternative finance provider for UK SMEs, plans to inject £50 million into growing Midlands businesses over the next 12 months.

26 Oct 2017

Ultimate Finance launches purchase finance support SMEs in food sector

Ultimate Finance launches purchase finance support SMEs in food sector

Ultimate Finance has launched a unique new product - Purchase Finance – which will enable small business owners to fund the purchase of goods including perishables and raw materials to support their own supply chain management and cash flow.

25 Oct 2017

Investment in rentals is good - for everybody

Investment in rentals is good - for everybody

Development finance brokers and investors are sure to be feeling quite positive at present. The call for more build to rent developments – which featured in both the Housing White Paper and Theresa May’s Conservative Party Conference speech – delivers huge amounts of opportunity to the development sector.

24 Oct 2017

Alternative Bridging launches new broker site

Alternative Bridging launches new broker site

Alternative Bridging Corporation has launched a new website and following industry feedback, including a broker only portal which aims to help brokers get deals over the line more quickly.

24 Oct 2017

Cogress raise £1.6m for new mixed-use Finchley development

Cogress raise £1.6m for new mixed-use Finchley development

Growing demand for property in the capital and a influx of investors have helped open equity specialists, Cogress, secure £1.6m to fund a new mixed-use property development in N3.

24 Oct 2017

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