Latest Commercial News

Treasury 'owes SMEs £84bn in R&D tax'

Treasury 'owes SMEs £84bn in R&D tax'

The Treasury owes Britain’s small businesses a staggering £84bn in backdated Research & Development tax relief because the tax break is so poorly advertised, tax relief specialists Catax revealed today.

18 Jan 2018

A majority of brokers are 'confident' for 2018

A majority of brokers are 'confident' for 2018

A majority of brokers are confident about business growth in 2018, according to the latest Broker Sentiment Survey conducted by bridging finance lender, mtf.

17 Jan 2018

Advisers urged to make staff training a priority ahead of GDPR

Advisers urged to make staff training a priority ahead of GDPR

Training staff about the new GDPR rules ahead of its implementation date on 25 May 2018 should be a top priority to ensure firms mitigate the risks of expensive data breach claims, according to a GDPR industry working party set up by Intelliflo.

17 Jan 2018

New short-term property lender enters market

New short-term property lender enters market

A new short-term property finance provider, Mayfair-based Glenhawk, has launched today.

16 Jan 2018

LendInvest announces departure of Magnus Duke Dadzie

LendInvest announces departure of Magnus Duke Dadzie

Specialist property finance lender LendInvest has announced that Magnus Duke Dadzie, one of the company’s longest-serving business development managers, will be leaving the business this week after completing a handover.

16 Jan 2018

Tyler appointed first chairman of FIBA

Tyler appointed first chairman of FIBA

The Financial Intermediary & Broker Association (FIBA), which hosts its inaugural annual conference on the 17th January In London, has appointed Adam Tyler to lead the new trade body.

15 Jan 2018

Black Book Finance adds Darren Peiris to commercial team

Black Book Finance adds Darren Peiris to commercial team

Black Book Finance has once again boosted its commercial & development team, with the appointment of Darren Peiris to the role of Commercial Finance Executive.

11 Jan 2018

Housing and bridging 'will be boosted by Cabinet reshuffle', say Kuflink

Housing and bridging 'will be boosted by Cabinet reshuffle', say Kuflink

Kuflink Bridging, the Kent based short term lender, believes that the expansion of Sajid Javid’s existing brief to include Housing as well as Communities and Local Government, signals a sea change in the way that successive governments have regarded the property market and the issues surrounding the lack of new home provision.

10 Jan 2018

Praetura promotes Simmons to board

Praetura promotes Simmons to board

Praetura Asset Finance has announced the promotion of Ric Simmons to the board of directors.

09 Jan 2018

Why we need an ombudsman for landlords

Why we need an ombudsman for landlords

This year could be an interesting one for landlords if Secretary of State for Housing, Communities and Local Government Sajid Javid makes good on some proposals he made towards the end of 2017.

09 Jan 2018

 

Ashley Ilsen leaves Regentsmead to launch new development funder

Ashley Ilsen leaves Regentsmead to launch new development funder

Ashley Ilsen, formerly CMO and Head of Lending at Regentsmead has today announced that he has left the company in order to launch a new development finance lender.

08 Jan 2018

Octane Capital hires Senior Credit Manager

Octane Capital hires Senior Credit Manager

Third generation lender, Octane Capital, today announced Graham Macaulay has joined its rapidly growing team as Senior Credit Manager.

04 Jan 2018

Invoice finance reaches record levels in Q3

Invoice finance reaches record levels in Q3

Figures released from the UK Finance reveal that the balance of pure invoice finance has grown from £18.6 billion at the end of Q2 2017 to £18.9 billion at the end of Q3 2017.

03 Jan 2018

Your top 10 stories of 2017

Your top 10 stories of 2017

29 Dec 2017

Together launches commercial bridging product with Tenet

Together launches commercial bridging product with Tenet

Together has launched its commercial bridging product with the Tenet Group, after providing short-term finance for two deals worth more than £220,000.

21 Dec 2017

39% of brokers expect more SME demand for asset finance

39% of brokers expect more SME demand for asset finance

A recent ‘broker sentiment’ poll, carried out by United Trust Bank amongst intermediaries operating in the asset finance sector, has found that 39% believe demand for asset finance funding will continue to increase next year. The same survey also revealed which sectors brokers feel will drive the most demand in 2018.

21 Dec 2017

What will 2018 hold for commercial finance brokers?

What will 2018 hold for commercial finance brokers?

2018 is upon us—are you ready to face new challenges and make the most of business opportunities that come your way?

19 Dec 2017

Ashley Finance appoints new regional sales director

Ashley Finance appoints new regional sales director

Specialist small business lender, Ashley Finance, has appointed Scott Brown as its new Regional Sales Director for the West Midlands.

19 Dec 2017

Asset and invoice finance up 13% - UK Finance

Asset and invoice finance up 13% - UK Finance

Data released by UK Finance today shows that the invoice finance and asset-based lending sector is providing more finance to UK businesses than ever before.

19 Dec 2017

Investec Asset Finance acquires block discounting business

Investec Asset Finance acquires block discounting business

Investec Asset Finance plc has announced that it has acquired Lombard North Central plc’s block discounting portfolio for an undisclosed amount.

15 Dec 2017

Innovation - the spark needed to drive BTL forward

Innovation - the spark needed to drive BTL forward

Readers of my columns will know my opinion on unnecessarily stringent age restrictions on buy to let mortgages.

15 Dec 2017

How well do development lenders understand construction?

How well do development lenders understand construction?

All development lenders worth their salt should have a profound understanding of various construction techniques.

14 Dec 2017

Metro Bank's commercial team hires new director

Metro Bank's commercial team hires new director

Metro Bank has today announced the appointment of Gabrielle Berring as Director of Commercial Real Estate.

14 Dec 2017

Crossing the right bridge with the right lender

Crossing the right bridge with the right lender

Figures from the Association of Short Term Lenders have shown that bridging lending reached £857m in Q2 this year, up 12.1% from Q1.

13 Dec 2017

Midlands Asset Finance appoints senior relationship manager

Midlands Asset Finance appoints senior relationship manager

Financial services broker, Midlands Asset Finance, has bolstered its presence in Leicestershire and Northamptonshire by appointing a new Senior Relationship Manager in the regions.

13 Dec 2017

Brokers increasingly looking for 'reliable' lenders

Brokers increasingly looking for 'reliable' lenders

Six out of ten brokers are increasingly considering whether they and their customers can rely on lenders when placing new business, a new survey has found.

12 Dec 2017

Hope Capital makes two new hires ahead of office move

Hope Capital makes two new hires ahead of office move

Hope Capital has expanded its team after making two key appointments in the past month and is now about to take on new premises, more than doubling its office space.

12 Dec 2017

British Business Bank welcomes new board members

British Business Bank welcomes new board members

The British Business Bank has announced the appointments of Piers Linney and Amanda Rendle as non-executive directors to the Board of the British Business Bank, effective from today.

08 Dec 2017

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