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German leasing company Grenke announces board of directors resignation
Isabel Rösler, responsible for overseeing Grenke’s key internal control functions, has requested to step down from her role.
Brokers observe trend of clients preferring business loans for funding: Asset Advantage
For 24% of brokers, the pivot to business loans is driven by complexity of projects that require adaptable funding solutions.
Renaissance Asset Finance reports 60% surge in new lending in H1 2024
The majority of RAF’s new lending was attributed to hire purchase/leasing and remaining to block discounting.
Shawbrook selects nCino cloud platform for automating lending and client services
nCino’s technology will enable Shawbrook to streamline the end-to-end process and reduce the risk of data inconsistencies.
HFC Bank partners with BLP Business Link Pacific to support SMEs in Fiji
Under the partnership, BLP will provide $2m to support SME loans that will be processed through HFC Bank.
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Optimum Finance supports Ranieri Agency’s growth with tailored invoice facility
The financial arrangement will help PR agency to access funds tied up in unpaid invoices, enhancing cash flow and enabling growth.
Lithuania’s Finbee Verslui secures €35m to expedite business loans for SMEs
The company plans to use the funds to finance 1,500 businesses, addressing a growing funding gap and increasing customer demand.
Shawbrook supports Vixio’s growth with refinance facility
The package includes an annual recurring revenue-based facility, combining a committed acquisition, RCF, and a Unitranche facility.
ACABL delivers £2m facility to support Emerge’s investment in BritAm Shipping
The new strategic financial support from ACABL has raised Emerge Global’s facility limits to £8.25m.
British Business Investments boosts Claret Capital with new fund
This additional fund commitment will help Claret in backing technology-enabled, high-growth, smaller businesses in the UK.