Latest Commercial News

Securing SME funding is getting easier, say 53% of brokers

Securing SME funding is getting easier, say 53% of brokers

53% of brokers working in the asset finance sector believe it has become easier to secure funding for SMEs over the last 12 months.

19 Sep 2017

Varengold Bank AG to provide £45m to UK SMEs

Varengold Bank AG to provide £45m to UK SMEs

Business finance company MarketInvoice has signed an agreement with Varengold Bank AG to provide £45m funding annually on its invoice finance platform. This will fund working capital solutions for businesses across the UK.

19 Sep 2017

What's keeping your clients up at night?

What's keeping your clients up at night?

One of the first things I do over my morning coffee is scan the financial press. This week the speculation is at a frenzy that interest rates will increase within months. Markets are now seeing two interest rate increases by the end of next year.

18 Sep 2017

Clever Lending appointed Strategic Partner of LendInvest

Clever Lending appointed Strategic Partner of LendInvest

Clever Lending has been appointed as a Strategic Partner of LendInvest to distribute their specialist bridging and development finance products.

18 Sep 2017

The Mortgage Hut launches bridging & commercial arm

The Mortgage Hut launches bridging & commercial arm

The Mortgage Hut has just launched a new bridging and commercial finance arm to meet growing demand from customers requiring complex property loans.

18 Sep 2017

Smaller SMEs still not looking for finance: BDRC

Smaller SMEs still not looking for finance: BDRC

SME demand for finance is still limited, especially among smaller firms, today's BDRC SME Finance Monitor has show.

15 Sep 2017

New specialist packager Thistle Finance launches

New specialist packager Thistle Finance launches

A new specialist packager, Thistle Finance, has launched, which aims to particularly support brokers in under-served areas such as Scotland and Northern Ireland.

13 Sep 2017

Exclusive: Masthaven boosts STL suite with light development launch

Exclusive: Masthaven boosts STL suite with light development launch

Masthaven has responded to escalating demand from brokers who require flexible short-term lending with a quick turnaround by launching an extended suite of short-term lending solutions.

13 Sep 2017

Finance 4 Business moves offices amid restructure

Finance 4 Business moves offices amid restructure

Specialist finance distributors Finance 4 Business have moved into the heart of the Birmingham City Centre’s Finance District.

13 Sep 2017

Mint Bridging repositions as 'handcrafted' lender

Mint Bridging repositions as 'handcrafted' lender

Mint Bridging has today launched its new brand positioning and identity, pitching itself as a 3rd generation lender.

13 Sep 2017

 

Avoiding a 'crunch' when it comes to bridging

Avoiding a 'crunch' when it comes to bridging

It has been interesting recently to read all the analysis of the 10-year ‘anniversary’ of the start of the Credit Crunch. For a start I’m not sure ‘anniversary’ is the right word in the first place as it’s certainly not an event worth celebrating, given what was to follow for those of us who work in financial services.

12 Sep 2017

Ultimate Finance celebrates new office opening

Ultimate Finance celebrates new office opening

UK SME funding partner Ultimate Finance has announced the opening of its new office in Maidstone, as a result of impressive growth this year.

08 Sep 2017

Lender makes new TVR sports car launch possible

Lender makes new TVR sports car launch possible

Bridging and marketplace lender Fiduciam, has facilitated the launch of the new TVR sports car by providing a funding line for both the factory, based in Wales, and the development and manufacture of the car.

08 Sep 2017

L&G agrees business protection review service deal

L&G agrees business protection review service deal

Legal & General has announced today a deal which should make it easier for advisers to review corporate documents that could be affected by a Share Protection policy.

07 Sep 2017

ASTL gains a new member

ASTL gains a new member

Gateley Plc, the legal business of law-led professional services group Gateley, is the latest to join the Association of Short Term Lenders as an associate member. The membership now stands at 38 members and 31 associate members.

07 Sep 2017

Mortgages for Business appoints new finance director

Mortgages for Business appoints new finance director

Specialist broker Mortgages for Business has appointed William Grove as its new finance director.

06 Sep 2017

West One doubles sales team

West One doubles sales team

Specialist property finance lender West One Loans has today announced the doubling of its salesforce, with the addition of two new Business Development Managers and the expansion of its Broker Support team.

06 Sep 2017

Precise parent group confirms £500m IPO

Precise parent group confirms £500m IPO

Charter Court Financial Services Group - parent group of Precise - has announced its intention to proceed with an IPO and a premium listing of its shares on the main market of the London Stock Exchange.

05 Sep 2017

Assetz Capital gains full FCA authorisation

Assetz Capital gains full FCA authorisation

Peer-to-peer platform Assetz Capital has announced it has received full authorisation from the Financial Conduct Authority.

05 Sep 2017

Hampshire Trust Bank announces new Chairman

Hampshire Trust Bank announces new Chairman

Hampshire Trust Bank today announced the appointment of Robert Sharpe as its new Chairman, subject to receiving regulatory approval.

04 Sep 2017

Majority of SMEs don't trust traditional lenders

Majority of SMEs don't trust traditional lenders

More than a third (35%) of small to medium sized business owners try to avoid borrowing money for their business at all costs, despite the majority (67%) having to do so in the past 12 months, according to research from Hitachi Capital Invoice Finance.

01 Sep 2017

SME lender Growth Street appoints Chief Technology Officer

SME lender Growth Street appoints Chief Technology Officer

Alternative SME lender Growth Street has appointed Nick Stevenson as its first Chief Technology Officer.

31 Aug 2017

Lending to SMEs down £0.2bn in July

Lending to SMEs down £0.2bn in July

The Bank of England's Money and Credit Report, released today, shows a reduction in lending to small to medium businesses in July.

30 Aug 2017

Only Bridging & Masthaven complete £5m bridging loan

Only Bridging & Masthaven complete £5m bridging loan

Only Bridging, a Loan.co.uk company, has announced it has completed Masthaven’s largest single bridging loan transaction to date.

30 Aug 2017

New SME bank launches following banking licence approval

New SME bank launches following banking licence approval

Redwood Bank has announced that just over four months after securing its initial banking licence, has now opened for business offering secured SME mortgages for business owners, as well as for experienced commercial and residential property investors.

29 Aug 2017

Mint Bridging employs new tech to handle case documentation

Mint Bridging employs new tech to handle case documentation

Mint Bridging has announced it is working with Safe4 Information Management as their chosen provider of cloud hosting services to support their line-of-business applications.

29 Aug 2017

Praetura Asset Finance sees staff shake-up with new appointment

Praetura Asset Finance sees staff shake-up with new appointment

Praetura Asset Finance have announced that Daryl Johnson has been appointed the company’s new technical and development director and their former operations manager, Samantha Anderson, has been promoted to head of operations.

24 Aug 2017

ASTL announces its new executive committee

ASTL announces its new executive committee

The Association of Short Term Lenders has today announced its new executive committee for the upcoming year.

22 Aug 2017

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