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UK

HSBC fraud alarm conducted to collapse of fintech

As reported earlier by BCR News, HSBC Innovation Banking, formerly Silicon Valley Bank’s UK arm, placed Stenn Assets UK and Stenn International into administration last week. Jim Tucker, Kristina Kicks, and Joshua Dwyer of Interpath Ltd were appointed as joint...

#HSBC#Silicon Valley Bank#Stenn

Atradius data reveals positive outlook for UK businesses moving...

One of the UK’s largest credit insurers, Atradius, has reported a 10 per cent drop in claims from UK businesses…

#Atradius


Douglas Grant: Five areas for businesses to consider in...

Douglas Grant, Managing Director at Manx Financial Group, comments on how UK SMEs in 2025 will face significant challenges and…

#agility#Douglas Grant#Manx Financial


New funding to boost CDFIs and UK SME lending

The British Business Bank, Responsible Finance, and JPMorganChase have announced initiatives to address the finance gap for small businesses in…

#British Business Bank#JPMorgan#Responsible Finance


Joint administrators were appointed for Stenn Assets UK Ltd...

Jim Tucker, Kristina Kicks and Joshua Dwyer from Interpath were appointed joint administrators to Stenn Assets UK Limited and Stenn…

#Jim Tucker#joint administrators#Joshua Dwyer


Stenn defends against HSBC application to appoint administrators for...

London-based invoice finance fintech Stenn is confronted with legal action from HSBC. According to a release, HSBC Innovation Banking has…

#HSBC#HSBC Innovation Banking#Stenn


Mike Freebury is appointed as Head of Sales in...

Time Finance is announcing that Mike Freebury (pictured) has taken up the role within its invoice finance division as Head…

#asset based lending#Mike Freebury#Phil Chesham


Pulse Cashflow appoints Matt Harding as BDM

Pulse Cashflow Finance have announced today that they have appointed Matt Harding (pictured) to the role of Business Development Manager…

#Business Development Manager#Matt Harding#Pulse Cashflow Finance


British Business Bank increases ENABLE funding for Simply Asset...

The British Business Bank has announced an increase to its ENABLE Funding commitment to Simply Asset Finance (“Simply”), one of…

#asset based lending#British Business Bank#invoice finance


Aldermore provides ABL support for Astwood Group’s acquisition of...

Aldermore Bank has provided a multi-million-pound asset-based lending (ABL) facility to Michael Capewell’s Astwood Group, enabling the acquisition of T.D.…

#ABL#Aldermore#sme finance


iwoca achieves LSB business standards registration

Recognition for iwoca’s commitment to SME lending The Lending Standards Board (LSB) announced that iwoca, one of Europe’s largest SME…

#iwoca#sme finance


BBB increases funding to social impact sector lenders

The British Business Bank (BBB) launches the Community ENABLE Funding (CEF) programme, which is designed to increase the availability of…

#British Business Bank#Community Funding programme#debt finance

YouLend data shows UK SMEs turn to embedded financing

YouLend, the leading global embedded financing platform, reports today that a growing number of UK SMEs are turning to embedded…

#embedded financing#integrated financing solutions#sme finance

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