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The British Business Bank has announced a new ENABLE Funding facility to Propel, an independent asset finance provider. The new facility will allow Propel to provide around £165m of finance to smaller businesses in the UK.The ENABLE Funding program aims to...
#Propel#Reinald de Monchy
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, UK asset finance lender, today announces its first private securitisation, as part of a new c. £500m financing…
#bank#British business#securitisation
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 has completed the UK’s first transaction utilising a digital promissory note (DPN) purchase. This landmark transaction dramatically increases…
#Andre Casterman#digitalisation#Enigio
SME funding provider Accelerated Payments has announced another strategic appointment with Dermot Nutley stepping into the role of Chief Operating…
#Accelerated Payments#Corporate appointments
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
The current economic climate is leading to a surge in demand for flexible lending, which is highlighted by the recently…
#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