All articles by Shivam Mishra
Shivam Mishra
Compass Box secures $45.6m ABL facility from Santander UK
This asset-backed lending package will be used to bolster the whisky business’s growth, allowing investment in quality of stock and warehousing.
UK’s Teesside renewables sector receives $293m boost
The investment was made possible after SeAH Steel Holding secured guarantees from the UK and South Korean export credit agencies.
Average turnover of SMEs increased since 2019, Aldermore’s research shows
On average, these businesses have seen their turnover grow by £327,304 over the past four years.
Ultimate Finance registers 44% surge in new lending during H1
The funding comprised £52m in bridging finance, £29m in asset finance, and £28m in working capital solutions.
Hexa Finance names new head of hard asset finance
This move comes as the company prepares to unveil a new brand later in the year.
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Asset Advantage survey to explore business finance trends for SMEs
The survey will delve into various topics to gain insights into market demands, lender strategies, and the rising popularity of business loans for funding asset acquisition.
Santander cautions UK businesses about invoice scams
The bank revealed that more than 40 of its corporate and commercial clients were targeted in the first few months of 2024.
UK Finance: High street banks increased lending to SMEs Q1 2024
The data, sourced from major high street banks, indicates a rise in lending across eight of the ten main sectors.
Flender seeks to broaden funding base after debt restructuring
The company, traditionally offering term loans, is testing a revenue-based financing product.
Bibby extends £3m invoice discounting funding line to Civil Rail Solutions
Following an introduction by Amanda De Courcy of ADC Financial, BFS structured the £3m package.