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UK SMEs’ access to finance threatened by regulations, inapt banking support
The UK Treasury Committee has raised concerns over the increasingly difficult circumstances for small and medium-sized enterprises (SMEs) seeking access …
Auxillias partners with IAA Advisory to offer board advisory services for asset and motor finance
Auxillias, in collaboration with IAA Advisory, is set to provide customised compliance and legal counsel, as well as comprehensive industry …
iwoca secures £270m in new debt to fund SME loans
iwoca, a fintech company specialising in small and medium-sized enterprise (SME) lending, has announced a £270m debt package to support …
Banks withhold over £200m in savings interest from UK SMEs: Allica report
A recent report by Allica Bank has shed light on a concerning trend in the banking sector: British high-street banks …
NACFB unveils charity partner for 2024
The National Association of Commercial Finance Brokers (NACFB) has unveiled its charity partner for the year 2024, selecting Air Ambulances …
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Pleo receives €40m debt financing from HSBC
Pleo, a fintech company based in Denmark, has secured a €40m debt financing facility from HSBC Innovation Banking. This infusion is …
Metro Bank provides £45m invoice finance to Mach Recruitment
Metro Bank has agreed to provide a £45m invoice finance facility to Mach Recruitment, a specialist recruitment company based in …
EBRD approves €25m loan for QNB Finans Leasing in Turkey
The European Bank for Reconstruction and Development (EBRD) has given the green light to a senior unsecured loan of up …
EBRD extends €80m guarantee to OTP Leasing to boost SME financing in Ukraine
In a move aimed at bolstering economic development in Ukraine, the European Bank for Reconstruction and Development (EBRD) has extended …
Bluestone incorporates Siemens Financial Services’ tech to accelerate lending
UK-based independent finance intermediary Bluestone has partnered with Siemens Financial Services to offer an online finance platform that promises to expedite the …
Paragon Bank appoints Zadora as business development director
Adam Zadora has joined Paragon Bank’s SME Lending division as Business Development Director in the Broker team.Adam joins the Paragon …
HTB relocates to 80 Fenchurch Street
Hampshire Trust Bank (HTB), a specialist bank and asset finance provider serving UK SMEs, has recently relocated its headquarters from …
German leasing company GRENKE approves increased dividend
GRENKE, a German leasing company, has announced an increased dividend distribution of €0.47 per share, up from €0.45 in 2023. This …
Novuna provides £10m facility to Aura Power
Novuna Business Finance has provided £10m of funding to support Aura Power, a leading global developer of renewable energy projects …
Hexa Finance appoints head of wholesale finance
Hexa Finance, a financial services and consultancy firm based in Newport, South Wales, has announced the appointment of Robert Inchley …