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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 …
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 …
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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 …
FCA’s bold move: the case for naming investigated firms
In an ever-evolving financial landscape, the role of regulatory bodies like the Financial Conduct Authority (FCA) is crucial in maintaining …
Capify secures £100m credit facility for SME financing
Capify, an online lender for small and midsize enterprises (SMEs), has received a £100m credit facility from Pollen Street Capital. This …