SME finance

Allica Bank reaches profitability

SME fintech lender Allica has said that it reached profitability in close to record...

Reward provides over £5m in Midland funding

Reward Finance Group has provided £5.2m of funding to SMEs in the first year...

Redwood Bank unveils fixed rate mortgages

A specialist business bank has launched its first fixed rate mortgages to provide its...

British Business Bank expands Start Up Loans scheme

The British Business Bank’s Start Up Loans programme has been expanded. It now includes...

British Business Bank agrees ENABLE Build guarantee with HTB

Hampshire Trust Bank (HTB) has secured an ENABLE Build guarantee via the British Business...

£200,000 cash injection helps construction social enterprise

A home counties-based social enterprise, which provides training and employment opportunities for young people...

Assetz Capital provides commercial mortgage in Swansea

Specialist marketplace lender Assetz Capital has completed another project in South Wales, an area...

Allica targets £500m of loan offers from now until year-end

Allica Bank is aiming to make £500 million in committed loan offers between September...

Atom bank accredited to new Recovery Loan Scheme iteration

Atom bank has been accredited to the latest iteration of the Recovery Loan Scheme...

Channel Capital Advisors appoints chief commercial officer

Ion Fratiloiu has joined Channel Capital Advisors as its new chief commercial officer. Fratiloiu...

One Stop Business Finance appoints six BDMs

Alternative lender, One Stop Business Finance, has doubled its team with six new business...

A third of SMEs expect to fold without further funding

33% of UK small and medium enterprises (SMEs) say their survival is dependent on...

Allica Bank completes AIB customer migration

Allica Bank has successfully migrated the acquired customers from AIB’s GB SME lending portfolio...

Musical accessories firm secures £250k funding

A Scottish designer and manufacturer of musical accessories has agreed a £250,000 funding deal...

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COMMENT

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information website Moneyfacts publishes a regular update on mortgage product numbers,...

Why it matters that bridging hit more than £10bn last year

We see many numbers bandied around in the financial industry, which can sometimes have a numbing effect. So why should we all, especially brokers, care...

Top five reasons why renters should consider short-term protection insurance

In an unpredictable world, financial security can often feel like a luxury, especially for renters who may already juggle living expenses, rent payments, and...

Credit search vs credit scoring

The terms credit score and credit check are often used interchangeably by consumers, many of whom assume they mean the same thing. Yet understanding...

It’s not just about work/life balance

Firstly, it was good to get feedback on last month’s blog on technology from several people, and to see a spin-off follow-up blog from...

Latest news

The Mortgage Works cuts rates for new customers

The Mortgage Works (TMW) has reduced rates by up to 0.30 percentage points across...

MPowered launches YouTube show to demystify homebuying

MPowered Mortgages has created a new YouTube series, On the House, aimed at helping...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...