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A review by the Lending Standards Board (LSB) of its registered firms’ application of the Standards of Lending Practice for business customers has identified 102 areas where action has been needed to bring firms into compliance with the Standards’ requirements....
#LSB#sme finance#SME lending
ICC United Kingdom, in partnership with the International Centre for Digital Trade and Innovation (iC4DTI), unveiled its highly anticipated report,…
#digitalisation#digitisation#ICC
Smaller businesses backed by the government’s Start Up Loans programme have higher survival rates than other businesses, finds and independent…
#British Business Bank#smaller businesses#start up loans
Arbuthnot Commercial ABL has delivered £4.5m growth funding package to Dunmow Skips Ltd (Dunmow). Dunmow is a leading waste management…
#Arbuthnot Commercial ABL
Fiducia Commercial Network (Fiducia) is announcing Norman Chambers (pictured) as their new Executive Relationship Director. The Managing Director of the…
#Fiducia#Fiducia Commercial Network
Commenting on the rise in inflation and wage rate growth heaping further pressure on businesses, Douglas Grant, Group CEO of…
#Douglas Grant#inflation rate#Manx Financial
HSBC has announced the appointment of Arpana Amin as its new Global Head of Supply Chain Finance. Amin, based in…
#HSBC#Managerial Appointments#supply chian finance
Commenting on the challenging economic outlook as UK GDP unexpectedly shrinks, Douglas Grant, Group CEO of Manx Financial Group, said:…
#Douglas Grant#geopolitical factors#Manx Financial
As reported earlier by BCR News, HSBC Innovation Banking, formerly Silicon Valley Bank’s UK arm, placed Stenn Assets UK and…
#HSBC#Silicon Valley Bank#Stenn
One of the UK’s largest credit insurers, Atradius, has reported a 10 per cent drop in claims from UK businesses…
#Atradius
Douglas Grant, Managing Director at Manx Financial Group, comments on how UK SMEs in 2025 will face significant challenges and…
#agility#Douglas Grant#Manx Financial
The British Business Bank, Responsible Finance, and JPMorganChase have announced initiatives to address the finance gap for small businesses in…
#British Business Bank#JPMorgan#Responsible Finance
Jim Tucker, Kristina Kicks and Joshua Dwyer from Interpath were appointed joint administrators to Stenn Assets UK Limited and Stenn…
#Jim Tucker#joint administrators#Joshua Dwyer