BBI unveils £20m funding facility for Sprk Capital
British Business Investments (BBI), a commercial subsidiary of the British Business Bank (BBB), has announced an initial £20 million funding…
14 Jan 2025
Paragon Bank partners with Alfa
Paragon Bank has announced a partnership with Alfa to overhaul its commercial lending operations, implementing a new system to replace its legacy infrastructure and optimise its lending process. The collaboration…
13 Jan 2025
Ultimate Finance achieves record loan book of $414m in 2024
Asset-based lending specialist Ultimate Finance has announced achieving a record-high loan book of £342m ($414.55m) in 2024. The growth was fuelled by an 11% rise in new business across its…
10 Jan 2025
Novuna Business Cash Flow bolsters sales and operational teams
Novuna Business Cash Flow, a provider of cash flow finance solutions to small to medium enterprises (SMEs) and larger corporate entities in the UK, has strengthened its corporate sales and…
10 Jan 2025
Cambridge & Counties Bank names James Royle as CRO
Specialist lender Cambridge & Counties Bank has appointed James Royle as its new Chief Risk Officer (CRO), effective March 2025, subject to UK regulatory approval. Royle will report to Chief…
09 Jan 2025
Secure Trust Bank appoints new managing director of asset finance division
Secure Trust Bank’s asset-based lending arm Secure Trust Bank Commercial Finance (STB CF) has appointed James Hodkinson as the managing director, following the retirement of John Bevan. Previously serving as…
09 Jan 2025
Shawbrook’s PE owners eye £2bn IPO
The owners of Shawbrook Group, a mid-sized British specialist lender, are reportedly preparing plans for a stock market flotation that could value the company at over £2 billion. According to…