All articles by Lorenzo Migliorato
Lorenzo Migliorato
Ultimate Finance Group sees loanbook grow 65%
Ultimate Finance Group saw its asset finance loan book grow 65% year-on-year in September.
EIB extends credit to South American SMEs
The EIB has signed two agreements to extend credit to SMEs in Paraguay and Argentina, as part of a visit by vice-president Román Escolano to Latin America.
Secure Trust Bank surpasses £20m in credit to south-west SMEs
Secure Trust Bank’s commercial finance division has reached £22.2m (€25m) in credit provided to the SMEs in the south-west of England.
Bibby FS: BoE rate rise could pressure micro-SMEs
Bibby’s CEO for the UK, Ted Winterton, has said the Bank of England’s decision to raise interest rates will have mixed effects on the SME economy.
1pm pays out bonus shares to subsidiaries’ directors
1pm has announced share payouts for managers and directors at its controlled companies, Academy and Bradgate, as bonuses for achieving earning targets.
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MarketInvoice enters business lending market
MarketInvoice has officially begun offering business loans, after a test period of three months.
Polish lessor securitises £458m of lease receivables
Poland-based lessor EFL, part of the Credit Agricole group, has completed the securitisation of PLN 2bn (£458m) of lease receivables.
RBS could sell Lombard’s offshore business to meet ring-fencing requirements
RBS could offload its Lombard’s business for the Channel Islands and Gibraltar in order to meet ring-fencing rules.
FCA moving closer to include SMEs in ombudsman’s remit
Andrew Bailey has said the FCA is considering expanding the Financial Ombudsman’s remit to replace consumer redress schemes set by firms.
SMEs require tailored services, says report
43% of SMEs would consider switching to a challenger bank, according to research by finance management software provider Strands.