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Research shows over half of UK SMEs rely on credit for insurance payments
New research from Premium Credit, a UK provider of insurance for businesses, reveals that 51% of small and medium enterprises …
Avenue raises over $1bn to offer asset-backed lending in Europe
Investment company Avenue Capital Group has announced the final close of the Avenue Europe Special Situations Fund V (Avenue Europe …
Oertengren succeeds Mollett as chair of the Leasing Foundation
The Leasing Foundation has named Ylva Oertengren, Chief Operating Officer of Simply, as its new chair, succeeding Nathan Mollett. The …
Glover joins UTB board as non-executive director
Bryce Glover, co-founder of Recognise Bank and experienced property finance professional, has joined the board of United Trust Bank as a non-executive …
Tailoring financial products is crucial to supporting UK agriculture
Farming is big business. In 2022, the income generated from crops and livestock production in the UK totalled £8 billion. …
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Cambridge & Counties Bank joins Acquis Lumia community to fight fraud
Cambridge & Counties Bank has joined the Acquis Lumia community, a collaborative initiative aimed at combating fraud in the asset …
Infrastructure first: Leaseurope Director General urges caution in mandating EV adoption
Responding to a recent Financial Times editorial discussing the challenges faced by electric vehicles (EVs), particularly concerning high prices and inadequate charging …
Pamma to lead tailored energy and infrastructure renewables financing at Aldermore
Lauren Pamma, with a background in leading sustainability agendas, has been appointed as the head of energy and infrastructure at …
Report highlights challenges faced by SMEs in accessing banking services
A recent report from the Treasury Committee has raised concerns about damaging financial regulations and inadequate support from banks, hindering …
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 …
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 …