Mar 20, 2019: Online payments giant PayPal increased funding to UK SMEs through its working capital arm to £1 billion last year, an increase of 60%. The rapid increase in advances comes as traditional bank lending to SMEs remains flat, according to figures rele...

 

Mar 18, 2019: SES Holdings Group, one of the UK's leading railway and civil engineering providers, has secured £7.5 million in funding from Independent Growth Finance (IGF). The deal was agreed after negotiations between SES and a previous supplier broke down w...

 

Mar 06, 2019: Ultimate Finance has launched a business hub to provide tools, information and support to UK SMEs. The business advice site offers advice on business improvement and is designed to help companies to be more resilient if they face economic challeng...

 

Mar 06, 2019: Hampshire Trust Bank’s asset finance division has seen a significant transformation in the past two years, with major digitalisation projects, new employees and now the introduction of a new name - Specialist Business Finance. The programme of inn...

 

Feb 20, 2019: BNP Paribas Leasing Solutions and 3 Step IT have announced a European strategic alliance to offer technology leasing solutions and lifecycle management. The partners will combine their expertise to provide organisations with a complete management ...

 

Feb 12, 2019: UK bank lending to small and medium sized retail businesses has fallen by 4% in the last year, to £14.9 billion, new research from online business finance supermarket Funding Options has revealed. The fall for November 2018, from £15.6 billion for...

 

Feb 07, 2019: Swedish furniture giant Ikea is piloting a leasing service for kitchens and furniture as part of its focus on championing a circular economy and eliminating waste. The pilot project in Switzerland is looking at ways for customers to ‘buy, care for...

 

Feb 04, 2019: More than one-quarter of UK businesses expect revenues to grow by more than 10% in 2019, despite concerns over the potential impact of Brexit. According to a report from asset-based lender Independent Growth Finance (IGF), their growth ambitions c...

 

Feb 01, 2019: Portman Asset Finance is launching a new artificial intelligence-power dedicated cashflow and invoice finance division as part of its long-term growth strategy. The Northampton, UK-based business is launching Portman Invoice Finance, which will be...

 

Jan 29, 2019: Praetura Asset Finance has acquired Kingsway Asset Finance in a seven-figure deal to create one of the largest independent asset finance companies in the UK. The enlarged group has a combined loan book of more than £100 million. Following the dea...