All articles by Shivam Mishra

Shivam Mishra

High street banks continue to limit funding for SMEs 

Latest findings suggest that 77% of specialist brokers are observing a continuous scaling back in finance availability from banks. 

Political uncertainty is top concern for UK SMEs: Shawbrook survey  

Over half of the respondents are apprehensive about the potential change in government. 

Viable secures seed funding to enhance financial solutions for UK SMBs  

It offers solutions to manage tasks, including transaction processing, financial reporting, budgeting, scenario visualisation, and access to funding. 

Renaissance Asset Finance extends financing facility to construction company

The financing was facilitated by Monarch Asset Finance and will be used to finance the purchase of new equipment. 

TRIVER teams up with Experian to streamline lending for UK SMEs 

The collaboration comes amidst growing concerns regarding the obstacles SMEs face in securing finance.  

UK’s Business Banking Resolution Service to shut down 

The Treasury Select Committee, earlier this month, advocated for the BBRS to be replaced with a new independent system.  

Women-led SMEs face more hurdles in securing commercial loans, reveals study

Two-thirds of women business leaders feel that high-street lenders are less willing to provide loans to companies similar to theirs.  

Hampshire Trust Bank offers financing for eco-friendly construction 

The project, which involved the demolition of existing farm structures at Andersey Farm in Wantage, is now progressing. 

Business banking platform Tide introduces services in Germany

This marks Tide’s first product in Germany, its third market after the UK and India. 

Asset finance new business decreases 10% in March 2024

The total asset finance new business for March 2024, which primarily includes leasing and hire purchase, stood at £3.8bn.