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Ahead of the final leg of the Treasury Committee’s inquiry into SMEs' access to financing, recent data reveals that 2.7% of small business accounts have been shuttered by their respective banks within the past year.The data, sourced from major institutions...
#bank#NatWest#Paragon
In a strategic partnership aimed at enhancing small business financing options, iwoca, a leading SME lender in Europe, has joined…
#SME lending
Lloyds Bank has become the first UK bank to join the WaveBL electronic trade documentation platform, unlocking new trade efficiencies…
#eBL
Arbuthnot Commercial Asset Based Lending (ACABL) has completed a £2.25m facility to support Emerge Global’s investment in Speed Welshpool, as…
#working capital
Manchester-based fintech BankiFi partners with Praetura Ventures (Praetura), to boost SMEs access to funding by offering a new lending-as-a-service solution.…
#Praetura
Mollie, one of the fastest growing financial services providers in Europe, today announced the UK launch of Mollie Capital –…
#alternative lending
Secure Trust Bank Commercial Finance has strengthened its regional presence with the appointment of Will Duxbury (pictured) as portfolio and…
#commercial finance
As reported today, the UK fell into recession in the second half of 2023, after the economy shrank by more…
#Lenvi#Office for National Statistics#ONS
The next generation of business leaders have received over £100m worth of support from the Government backed Start Up Loan…
#bank#business finance#cash-flow
Commenting on UK inflation remaining unchanged, Douglas Grant, Group CEO of Manx Financial Group, said: “CPI inflation remaining unchanged reaffirms that…
#Douglas Grant#Manx Financial
Surath Sengupta, formerly of HSBC, has assumed the role of Managing Director, Head of Trade and Working Capital Innovation &…
#Lloyds Bank
SME apprehensions regarding a potential economic downturn have diminished by a significant third (32%) since Q4 2022, as per iwoca's…
Ewa Rose, a veteran executive of the trade credit insurance industry, has joined Bondaval, a provider of technology-enabled credit insurance…
#AON#Managerial Appointments