All articles by Archana Rani
Archana Rani
NACFB members facilitate 70% of UK’s £38bn SME lending
The 2024 survey data shows that, on average, commercial lenders depend on brokers for 67% of SME finance transactions.
EIB Group provides €132m to Erste Bank to expand lending to Croatian businesses
The financial package aims to bolster ESB’s lending capabilities to mid-caps, micro-entrepreneurs, and social enterprises.
Lending platform Funding Circle swings to profit in 2024
The company’s revenue grew to £160.1m, compared to £130.1m a year ago.
North Mill poised to acquire Pawnee Leasing, Tandem Finance
US-based Pawnee Leasing is engaged in small-ticket equipment leasing for businesses across various credit spectrums.
Close Brothers Broker Solutions appoints new operations head
Eckersley-Fallon will focus on improving the company’s back-office operations and optimising the customer journey.
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Ultimate Finance announces new hires in sales team
With the new hires, the company looks to provide expert services to an increasing number of introducers and clients throughout the UK.
Time Finance appoints BDM for invoice finance team
Jamie O’Neill will focus on nurturing his existing network of introducers in London and the South.
EIB and Rabobank allocate €300m to support sustainable Dutch SMEs
This new funding aims to further encourage companies to make sustainable investments.
EIF, Bank Pekao team up to provide financing to Polish SMEs
The guarantee will enable Bank Pekao to offer new debt financing to about 4,000 companies.
Novuna Business Cash Flow bolsters sales and operational teams
The company appointed Phillip Speed, Scott Pendlebury, and Katarzyna (Kasia) Brzozowska to expand its sales team.