All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Shawbrook enhances Unsecured Business Loan product to boost SME growth

The bank has increased the maximum loan amount available from £100,000 to £150,000. 

United Trust Bank facilitates asset finance for geospatial mapping company

The £252,000 package will enable the purchase of a Trimble MX60 Pro mobile mapping system. 

Shawbrook Bank reportedly in talks to acquire ThinCats  

The potential deal, which is reported to be valued at approximately £180m, follows an auction process managed by Fenchurch Advisory Partners. 

ALL Capital deploys Solifi’s ABL software solution

Solifi claims that its platform will facilitate the optimisation of the asset-based lender’s workflow.  

UK small businesses struggle with sustainability goals: Aldermore study

The study revealed that only a 13% of SMEs are on track to meet net zero emissions by 2050, a figure that has not improved since last year’s survey.  

Compass Business Finance joins Acquis Lumia platform

Compass Business offers asset-based financial solutions to sectors, including packaging, construction, and renewables. 

British Business Bank supports Close Brothers with £300m guarantee

Funds from this transaction will be directed towards Close Brothers asset finance’s portfolio. 

UK’s Borough Broth secures invoice finance from eCapital

The collaboration is expected to provide Borough Broth with the capital required to support expansion and product development.  

iwoca and Teya team up to enhance loan accessibility for UK SMEs

With the integration of iwoca’s lending service, users can submit loan applications directly through Teya’s app and web portal.  

NACFB appoints Ultimate Finance CEO as non-executive patron director

As Ultimate Finance CEO, Josh Levy has developed expertise in asset-based lending, strategic investment, and operational leadership.