Apr 19, 2024: A third of SMEs are at risk of permanent closure if they are unable to secure necessary funding according to a recent survey conducted by invoice finance company Novuna Business Cash Flow, underlining the crisis facing lending to the UK’s smaller c...

 

Apr 18, 2024: More flexible finance options are needed in the UK as 28% of SMEs are being turned down for funding. That is the finding from a survey of 500 SMEs by invoice finance company Novuna Business Cash Flow, which highlights the critical need for more acc...

 

Apr 18, 2024: Independent finance broker, Bluestone, has collaborated with Siemens Financial Services (SFS) to offer its customers an end-to-end online platform that enables an auto-decisioning facility for their financing requirements. The integration, achieve...

 

Apr 17, 2024: Innovate UK and the British Business Bank have further strengthened their collaboration by signing a Memorandum of Understanding (MoU). As partners dedicated to fostering innovation and growth of UK businesses across the country, this new collabor...

 

Apr 15, 2024: Healthcare recruitment agency, Sirona Medical Ltd (SML), has secured a £1.5m invoice discounting facility from asset-based lending (ABL) specialists Cynergy Business Finance (CBF). Headquartered in Sawbridgeworth, Essex, SML was founded in 2015 by...

 

Apr 11, 2024: Blackpool-based JOB Logistics has expanded its business and opened a new recycling centre with the long-term support of Paragon Bank’s SME Lending division. Since working with Paragon Bank in 2020, JOB Logistics has purchased three waste tipping v...

 

Apr 11, 2024: The much-anticipated sale of Societe Generale Equipment Finance (SGEF) remains on-track with today’s announcement that Societe Generale has signed a memorandum of understanding with Groupe BPCE. As part of the proposed acquisition, Groupe BPCE wil...

 

Apr 11, 2024: British Business Investments is providing a £15m facility to Performance Finance Limited. The transaction will be structured as a block discounting agreement that will allow Performance Finance to provide funding support to smaller businesses looki...

 

Apr 10, 2024: Renaissance Asset Finance (RAF), the asset finance subsidiary of Arbuthnot Latham, recently supported a family-run specialist haulage hire, repair, and maintenance business with a £546,100 hire purchase agreement. ...

 

Apr 10, 2024: Ocado Retail Ltd (Ocado), the UK’s fastest growing supermarket, has secured a multi-million pound funding package from Shawbrook to strengthen its delivery capabilities across the UK. This investment will see the acquisition of 43 new refrigerated ...