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UK

Reward Funding hits £300m lending milestone

Reward Funding, the original leader in the alternative finance industry, has surpassed a £300m loan book milestone for the first time in the company’s history. The achievement reflects Reward’s commitment to delivering funding to SMEs across the UK. With thousands...

#alternative finance#milestone#Reward Funding

Ultimate Finance increases Working Capital loans to £500k

UK’s asset-based lender Ultimate Finance has announced an enhancement to its Working Capital proposition by increasing its maximum cashflow loan…

#asset based finance#asset based lending#sme finance


Virgin Money’s Mobiliser Fund aims to drive ESG transition...

Virgin Money has introduced the Mobiliser Fund, aimed at supporting small and medium-sized enterprises (SMEs) in adopting sustainable business practices.…

#ESG#sme finance#sustainability


Tranched secures US$3.4m to enhance asset-based financing through blockchain

Tranched, a London-based blockchain-powered platform for real-time asset-based financing, has raised US$3.4m in a seed round led by Speedinvest, with…

#asset based lending#blockchain#fintech


iwoca secures £200m in funding from Citi and Waterfall

iwoca, one of Europe’s largest SME lenders, has secured a £200m debt funding package from Citi and Waterfall Asset Management.…

#fintechs#management#smes


Taulia: Tackling late payments with flexibility

The late payment crisis for small businesses has firmly taken root in the UK. Thomas Mehlkopf, Head of Working Capital…

#Fair Payment Code#late payments#Supplier Survey


Comments from industry specialists on BoE cutting interest rates...

Following the Bank of England (BoE) cutting rates as UK investments get boost following controversial Budget, industry specialists express their…

#Bank of England#Douglas Grant#Manx Financial


Newable secures £70m new funding to support SMEs exporters

Newable Commerce (Newable), part of the Newable Group, has announced an additional £70m funding which will help to supercharge its…

#Alex Scott#export#Hampshire Trust Bank


Time Finance opens new office to grow ABL and...

Leading independent business finance provider, Time Finance, has launched new office premises at The Square at Birchwood Boulevard as the…

#asset based lending#Ed Rimmer#Steve Nichols


Will the recent UK rules on commission disclosure in...

A recent UK Court of Appeal ruling on commission disclosure in the motor finance trade may have a significant impact…

#commission#commission disclosure#Court of Appeal


British Business Bank responds to Autumn Budget 2024

The British Business Bank welcomes the Chancellor of the Exchequer’s announcement at yesterday’s Autumn Budget confirming over £1bn of funding…

#British Business Bank#Louis Taylor#start up loans


BFS comments on UK budget announcement

With today’s UK budget announcement confirming a rise in both employers' national insurance payments and the rates of capital gains…

#BFS#Bibby Financial Services#Employment Allowance

Dojo and YouLend partnership fuels UK SME success

Dojo, a leading payment technology provider, has announced a major milestone in its mission to support small and medium-sized enterprises…

#Amazon#fintechs#Flexible Funding

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