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The current economic climate is leading to a surge in demand for flexible lending, which is highlighted by the recently announced partnership between Sonovate and Demica. Sonovate, which offers invoice financing and back office solutions for contract recruitment agencies and...
#securitisation#Sonovate#supply chain finance
Capify UK, the specialist SME lender, has this month launched a £40m fund for UK smaller businesses to help manage…
#Capify#inflation
Placing further financial strain on businesses will cause widespread damage to the UK economy, warns Time Finance, as the Bank…
#Ed Rimmer#inflation#interest rate
High inflation is the number one biggest challenge facing small and medium sized businesses (SMEs) in the next 12 months…
#Douglas Grant#inflation#interest rates
Lloyds Bank has signed a five-year commercial agreement with Satago (majority owned by TruFin) to use Satago’s software platform for…
#Lloyds Bank
Santander UK has provided a multi-million-pound funding package to Malvern-based Lucart Hygiene to support its growth in the ‘away from…
#bank#Flexible Funding#invoice
SME funder Bibby Financial Services (BFS) has appointed the former director of payments at NatWest Marion King as board member…
#Corporate appointments#NatWest
Fintech challenger bank Allica Bank has appointed Ian Flaxman to the newly created role of head of growth finance.With 30…
#Allica Bank#Corporate appointments#working capital
Bibby Financial Services (BFS) has increased its funding support for MPL Home – a multi-disciplined business supplying goods such as…
#financial services#funding#invoice
The British Business Bank (BBB) announced on Wednesday that a successor to the Recovery Loan Scheme (RLS) will be opening…
#bank#British business#invoice
Mark Hutchings has joined Crystal Specialist Finance as head of strategy and group products. Hutchings joins from Berkeley Alexander Insurance…
#Corporate appointments
Funding Circle, the UK's largest small business loan platform, announces the appointment of Bruno Tavares as VP of Engineering.Bruno has…
In the wake of UK inflation reaching a 40-year high of 9.1%, Time Finance reveals its latest data around the…
#Grapple#Jobs#small business