All articles by Vishnu Priya N
Vishnu Priya N
Paragon Bank logs 7.3% growth in new SME lending loans
Paragon reported a 5.2% growth in pre-provision profits and a 2.1% increase in underlying profits, which rose to £149.4m.
PEAC Solutions unveils Green Asset Finance framework
The framework offers clients access to a suite of products to fund eligible assets.
British Business Bank names Julia Bond as nonexecutive director
Bond was previously a senior executive at Credit Suisse, where she led global fixed-income businesses.
British Business Bank hits £5bn in structured guarantee programmes
These programmes delivered more than £3bn ($4.06bn) to businesses outside London and the South East, supporting SMEs across the UK.
Machinery Partner launches new arm to streamline equipment financing
At the core of the new development is a collaboration with Kaaj.ai.
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Leasing.com partners with content creator to simplify car leasing
The collaboration aims to demystify the complexities of car finance, helping drivers make “confident, stress-free” decisions.
Ares and Ansley Park Capital provide asset-based and equipment financing to Shimmick
Shimmick plans to use the proceeds from this financing to refinance existing indebtedness and enhance the company’s liquidity.
FLA names Shanika Amarasekara as new chief executive
Amarasekara will succeed Stephen Haddrill, who is set to retire from the trade body at the end of July.
Time Finance reaffirms positive outlook for FY 2024-2025
The company said the strong performance seen in the first three quarters of the financial year continued through March and April 2025.
ALBIS Leasing posts 32% rise in earnings before taxes in 2024
ALBIS attributed the earnings growth to strong new business performance, particularly in the high-margin “trade/manufacturers” segment.