SME finance

BFS provided £40m of new corporate funding in June

Invoice financier, Bibby Financial Services (BFS), provided £40m in new funding facilities to corporate...

Double Manchester milestone for Reward Finance Group

Alternative finance provider, Reward Finance Group, has marked the first anniversary of the opening...

BFS provides £5m funding line to wholesale food provider

Bibby Financial Services (BFS) has provided a £5m funding facility to Hider Food Imports...

Allica Bank appoints head of prudential risk

SME lender Allica Bank has appointed Matthew Oakes as head of prudential risk. Oakes (pictured)...

Secure Trust hires new portfolio & structuring director  

Secure Trust Bank Commercial Finance has appointed Graham Brew as a portfolio & structuring director ...

Allica Bank hires SW business relationship manager

Allica Bank has announced the appointment of Danny McMurdo as business relationship manager for...

Secure Trust Bank’s commercial lending tops £250m in 2019

Secure Trust Bank Commercial Finance has reported that its lending balances rose by 33%...

Nearly £15bn provided through Covid lending schemes

Latest Treasury figures show that the banking and finance industry has provided almost £15 billion...

Allica Bank appoints business relationship manager

SME business bank, Allica Bank, has announced the appointment of Stephen Spinks as business...

Asset finance new business down 28%

The Finance & Leasing Association (FLA) has revealed that total asset finance new business...

Aldermore makes specialist finance appointments

Aldermore has announced two new appointments to its specialist finance team. Eric DeArmitt and Jack...

Bathgate selected as Funding Circle CBILS approved partner

Bathgate Business Finance has been selected as a Funding Circle Coronavirus Business Interruption Loan...

Nearly half of UK SMEs worry about their ability to survive

Nearly half of SMEs in the UK are concerned about the immediate business viability...

A third of UK SMEs “to run out of cash” by July

One-third of SMEs in the UK won't be able to cover their costs by...

COMMENT

The case for tech fluency before AI adoption in the mutual sector

It often feels like there is only one conversation taking place in financial services at the moment: artificial intelligence. Whether it’s trade shows and...

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM) is sometimes portrayed as a quick way for residents to...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers and administrators go on holiday. Specialist lending cases, which have...

Every rate shock is becoming a test of the modern mortgage business

Halifax, Barclays and HSBC increased selected mortgage rates by up to 0.20% this week, effective 21 July. Halifax removed its sub-4% deals entirely. Barclays'...

Your next client is probably more complicated than your last one

There's a shift happening in the mortgage market that most small firms aren't ready for. It's not about rates. It's not about the political...

Latest news

Final call for views on FCA mortgage reforms

The mortgage industry has until tomorrow to respond to Financial Conduct Authority proposals intended...

One in five borrow to fund private healthcare

Almost one in five people who recently accessed private healthcare used a credit card...

Digital mortgage ID checks unaffected by government U-turn

Digital identity verification used by mortgage lenders, brokers and other regulated firms is unaffected...

Family BS launches broker Mortgage Hub

Family Building Society has launched an online mortgage application platform designed to give brokers...

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