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Essar Oil UK secures $150m in receivables financing

Essar Oil UK, the company that operates the Stanlow refinery at Ellesmere Port, has agreed a deal worth $150m.The company has completed the financing of a $150m receivables portfolio with Hamburg Commercial Bank AG (HCOB) and Mizrahi Tefahot Bank Ltd...

#working capital

Time Finance announces Wayne Spratt as newest addition to...

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


Metro Bank enlarge invoice finance team with two appointments

Metro Bank has made two appointments to its growing invoice finance business. Vicky Jones-Ayre joins as a Relationship Manager for…

#Metro Bank


UK fintech Apron raises $15m to innovate invoice processing...

Apron, an intuitive fintech platform that slashes the time small businesses spend processing invoices, has raised $15m in Series A…

#invoice management


BCR Webcasting: Tim Armstrong, Silver Birch Finance

“AI’s potential in data cleansing is huge,” Tim Armstrong, Head of Receivables Financing & Data Science, Silver Birch FinanceIn the…

#AI


BFS: UK SMEs lack confidence in politicians, but skew...

●       As the Party Conference season kicks off, new data commissioned by SME funder, Bibby Financial Services (BFS), finds that confidence…

#conference#interest rates#smes


Renaissance Asset Finance supports Yorkshire-based commercial finance firm with...

Renaissance Asset Finance, a subsidiary of the private and commercial bank, Arbuthnot Latham, has confirmed... (more…)

#One Stop Business Finance


Minton takes up key operational role at Pulse Cashflow...

Pulse Cashflow Finance, the specialist provider of invoice finance to UK businesses has promoted Neil Minton to the role of…

#Pulse Cashflow Finance


BoE to defer Basel 3 implementation

The Bank of England plans to push the implementation date for the final Basel 3 rules back by six months…

#Bank of England


ThinCats lands c.£700m through ENABLE Guarantee programme

ThinCats, the leading alternative lender, has agreed a new warehouse facility with Citi and Barclays Bank PLC (“Barclays”) supported by…

#Reinald de Monchy#SME lending#ThinCats


Fleximize obtains £136m securitised funding from Goldman Sachs and...

Fleximize, multi-award-winning UK fintech lender, has secured £136 million in securitised funding from existing investor Goldman Sachs Asset Management and…

#securitisation#SME lending


Trade Ledger announces Working Capital Copilot with Microsoft

Trade Ledger has announced it will launch Aida, a working capital analysis, product matching, and product application tool, next year. Designed…

#Bill Borden#Martin McCann#OpenAI

Atlantic RMS announces the release of ‘Asset Based Terms,...

Atlantic Risk Management (Atlantic RMS) is announcing the release of their new book, ‘Asset Based Terms, Sectors & Dilutions’ -…

#Atlantic RMS

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