All articles by Shivam Mishra

Shivam Mishra

Financial Ombudsman Service anticipates caseload to rise in FY 2024/2025

To manage the anticipated workload, the FOS will be recruiting additional case handlers.  

HSBC UK extends £24m ABL facility to Autocraft 

Autocraft plans to use the money to boost its turnover by over 50% and increase its workforce by more than 10%. 

Shire Leasing acquires Shire Securities Limited to enhance B2B loan services 

The deal introduces a £6m business loan portfolio into Shire Leasing’s assets.   

NatWest and Tesco launch sustainable finance scheme for farmers 

Through NatWest’s asset finance provider Lombard, farmers will be able to secure funding solutions that are tailored to their needs.  

Close Brothers implements NetSol’s Flex calculation engine 

The business banking group has gone live with the cloud-based solution that is designed to streamline financial calculations. 

UK Government slashes NatWest stake to below 30%

The government has expressed intentions to fully exit its position in the bank by 2025 or 2026. 

FLA board welcomes Novuna Business Finance executive

Geoff Maleham has been working in the business and asset finance space for over 20 years. 

British Business Bank unveils £660m fund to support small businesses 

This initiative will provide loans ranging from £25,000 to £2m and equity investments of up to £5m.

NACFB nearing 2,500th review of commercial finance brokerages 

As of earlier this year, the NACFB had 2,436 individual broker members and is now preparing to extend invitations to more commercial brokers. 

Cynergy Business Finance grants £550k invoice discounting facility to CAHG 

This financial support is aimed at bolstering CAHG’s working capital, enabling the continuation of its essential services, and supporting its expansion plans.