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UK-based small business lender iwoca has received a new £200m funding line with initial commitments from Barclays and Värde Partners.In January this year, iwoca secured an increase and extension to its existing funding line, with long-standing partner Pollen Street Capital...
#commercial financing#iwoca#SME lending
Alternative lender ThinCats has appointed Dan Hartley as its new chief financial officer.Hartley was most recently chief investment officer at…
#alternative lending#Managerial Appointments#ThinCats
British invoice financier, Accelerated Payments (AP) celebrated advancing €1 billion in invoices funded in January of this year, soon after…
#Accelerated Payments#cash-flow#Ian Duffy
Spain’s factoring and confirming® sector in 2022 showed a spectacular in increase in volume, with a growth of 29.23 per…
#Spanish Factoring Association#World Factoring Yearbook
Specialist asset-based lender Ultimate Finance announces continued growth of... (more…)
#Josh Levy
New research from independent SME funder, Bibby Financial Services (BFS), highlights a significant threat to the UK economy as banks…
#SME Confidence Tracker Survey
The European Investment Fund (EIF) and Swedish fintech company Invoier have signed a guarantee agreement worth up to €58m to…
#EIF#European Investment Fund#InvestEU
Time Finance is announcing Luke Froude as a Relationship Manager in its invoice finance team.Luke joins the leading alternative finance provider…
#Time Finance
New research by Praetura – the Manchester-based debt and equity capital provider to UK SMEs – has revealed that three…
#funding gap#Praetura#SME lending
Scottish neobank Alba Bank has announced that it will migrate to Mambu’s cloud banking platform to manage its small and…
#digitalisation#digitisation#lending platform
Lloyds Bank is enabling corporate customers to request digital Guarantees or Standby Letters of Credit under a new 'Paperless Guarantee'…
#digitalisation#ETDA#guarantees
Insurance broker WTW, has announced the appointment of Hannah Fearn as Director of the Financial Solutions team.Fearn brings over 15…
#Managerial Appointments#wtw
Essar Oil UK, the company that operates the Stanlow refinery at Ellesmere Port, has agreed a deal worth $150m.The company…
#working capital