All articles by Saad Ahmed

Saad Ahmed

UK government launches alternative finance matching scheme for SMEs

The UK government has launched a scheme which allows companies to be referred to alternative lenders for financing if rejected by traditional lenders.

Shawbrook loans up 19% to £4bn

Shawbrook Bank has increased its customer loans and advances by 19% to £4bn (€4.5bn) in the nine months to the end of Q3 2016.

NatWest joins alternative lender customer referral scheme

NatWest has joined a scheme which allows companies to be referred to other lenders for financing, according to the Financial Times.

BFS provides £4.5m funding package to de-icing business

Bibby Financial Services (BFS) has provided a £4.5m (€5m) funding package to Kilfrost Group, a Northumberland-based de-icing business.

ABFA: SME manufacturers left with £5bn unsold stock

Small and medium-sized (SME) manufacturers in the UK and Ireland are left with almost £5bn (€5.5bn) in unsold stock, according to the Asset Based Finance Industry.

Fitch warns Basel IV could diminish Irish aircraft leasing industry

The implementation of Basel IV could have a severe effect on the aircraft leasing industry in the Republic of Ireland, according to Fitch.

Bibby: 73% of SMEs concerned about global economy

The Global Business Monitor report by Bibby Financial Services found that 73% of all SMEs, and 83% of those in the US and 82% in Ireland expressed concern about the state of the global economy.

Tyler to stand down as NACFB chief

Adam Tyler will stand down as chief executive of the National Association of Commercial Finance Brokers (NACFB) after 11 years.

BBA: Banks could leave Britain due to Brexit

The British Bankers’ Association (BBA) has warned that large banks are preparing to relocate from the UK early next year due to Brexit fears.

Aldermore provides £1.4m invoice facility for IT consultancy

Aldermore Bank has provided a £1.4m (€1.57m) invoice discounting facility to a Berkshire-based IT consultancy, Ntegra