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UK

Bibby UK survey reveals SMEs’ alarm on economic climate

The UK’s SMEs say that the current economic climate is worse than during COVID, according to a survey commissioned by Bibby Financial Services (BFS). Almost four out of five (79 per cent) UK SMEs say that the current economic landscape...

#Derek Ryan#SME Confidence Tracker Survey

BACB names Damian Austin new Head of Trade Finance

British Arab Commercial Bank (BACB), the trade finance bank for specialist markets, has named experienced banker Damian Austin (pictured) its…

#Bank ABC#British Arab Commercial Bank#Damian Austin


Aldermore reports strong growth in lending and profits

Aldermore Group has delivered 30% growth in profit before tax to £204.7m... (more…)

#Aldermore


eCapital Commercial Finance appoints Joe Roe to new business...

eCapital Commercial Finance (eCapital), a leading invoice financier, has appointed Joe Roe to the role of... (more…)

#eCapital#eCapital Commercial Finance


One Stop Invoice Finance appoints operations and risk director

East Yorkshire-based One Stop Business Finance (OSBF) has appointed... (more…)

#One Stop Business Finance


Jean-Marc Torre joins White Oak as CEO

White Oak UK, an independent lender to UK SMEs and mid-corporates and an affiliate of White Oak Global Advisors (WOGA),…

#Andre Hakkak#Managerial Appointments#White Oak UK


Propel receives £165m funding from British Business Bank

The British Business Bank has announced a new ENABLE Funding facility to Propel, an independent asset finance provider. The new facility…

#Propel#Reinald de Monchy


LMA’s model Credit Risk Insurance Policy document likely to...

The Loan Market Association (LMA) with the assistance of Lloyds Market Association and the International Underwriting Association has just published…

#credit risk#Mayer Brown


Propel Finance completes first private securitisation

Propel Finance, UK asset finance lender, today announces its first private securitisation, as part of a new c. £500m financing…

#bank#British business#securitisation


BCR’s Alternative and Receivables Finance Forum returns to London

BCR is delighted to announce that this year it will hold the Alternative and Receivables Finance Forum as a two-day…

#A&R Forum#Clifford Chance


Lloyds Bank adopts first ever digital promissory note

Lloyds Bank has completed the UK’s first transaction utilising a digital promissory note (DPN) purchase. This landmark transaction dramatically increases…

#Andre Casterman#digitalisation#Enigio


Accelerated Payments appoints Dermot Nutley as COO

SME funding provider Accelerated Payments has announced another strategic appointment with Dermot Nutley stepping into the role of Chief Operating…

#Accelerated Payments#Corporate appointments

First five lenders to join new Recovery Loan Scheme

The British Business Bank has announced it accredited a first batch of five lenders under the new iteration of the…

#NatWest#Recovery Loan Scheme#RLS

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