Asset finance

Lenders still holding back SME acquisitions, survey finds

Commercial brokers continue to face limited options from lenders when it comes to funding...

SMEs turn to creative lenders as banks tighten finance routes

Demand from small and medium-sized enterprises for valuations has climbed sharply this year, according...

Suros Capital reports rising demand for loans secured on luxury assets

Suros Capital has recorded a sharp increase in demand for its short-term lending proposition,...

Reward Funding passes lending milestone

Reward Funding has passed the £350m loan book milestone for the first time in...

UTB funds specialist mapping system with £252k facility

United Trust Bank (UTB) has provided £252,000 in asset finance to enable a geospatial...

OSB sees profit slide despite loan growth and new platform launch

OneSavings Bank (OSB Group) reported a fall in profits for the first half of...

British Business Bank agrees £300m Close Brothers deal to boost SME asset finance

The British Business Bank has agreed a transaction of up to £300m with Close...

Millbrook appoints head to lead commercial property finance expansion

Millbrook Business Finance has appointed Stuart Benge as head of commercial property finance as...

Allica Bank unveils new educational programme for brokers

Allica Bank has announced the launch of a fully funded broker education programme to...

Paragon Bank secures additional £27m from Growth Guarantee Scheme

Paragon Bank has secured a further £27 million under the British Business Bank’s Growth...

Suros Capital unlocks £125k property renovation using fine wine collection

A property investor has secured a £125,000 loan to complete renovation works by leveraging...

Time Finance raises lending cap to £5m

Time Finance has increased the maximum facility limits on its invoice finance and asset...

Millbrook Business Finance appoints operations director

Millbrook Business Finance has appointed Sally Chesterton as operations director. Chesterton (pictured) brings more than...

Rural Asset Finance secures up to £120m funding

Specialist agricultural lender Rural Asset Finance has agreed a funding facility of up to...

COMMENT

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

Latest news

Millions of households exposed to financial shocks despite apparent stability

Millions of UK households that appear financially secure could struggle to absorb an unexpected...

The Mortgage Hut adopts Instamo tool to speed up mortgage applications

The Mortgage Hut has introduced Instamo's FastSubmit technology to reduce the amount of manual...

FCA sets out timetable for major expansion of anti-money laundering supervision

The FCA expects to begin taking over anti-money laundering supervision of legal, accountancy and...

MAB revenue rises as refinancing drives mortgage completions

Mortgage Advice Bureau reported an 8.6% increase in first-half revenue to £161.0m as higher...

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