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Following today’s UK stagnant inflation rate this morning, industry specialists comment on what this will mean for local SMEs.Jonathan Andrew, CEO at Bibby Financial Services:“Today’s stagnant inflation rate is bad news for UK businesses, especially as our recent research saw 59...
#inflation#Manx Financial
UK-based small business lender iwoca has received a new £200m funding line with initial commitments from Barclays and Värde Partners.In…
#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
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
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
Time Finance is welcoming Wayne Spratt (pictured) as a Business Development Manager in its invoice finance team.Wayne joins the leading alternative…
#Business Development Manager#Time Finance