New research from bank Cambridge & Counties Bank reveals that just one in 10 (11%) business owners describe the strength of their firm’s working capital facilities as ‘very strong’ even though the business is doing well. Nearly half (45%) described it as ‘average’ while 12% said it was ‘weak’. Despite these findings, just 29% of respondents…

Through a strategic alliance and the acquisition of a 10% stake in Caple, BNP Paribas Asset Management is providing an innovative platform to offer alternative credit to European small and medium-sized enterprises (‘SMEs’). Caple facilitates access to alternative credit for SMEs, working with international institutional investors to address gaps in the funding landscape by offering…

Alternative lending specialist, ThinCats has announced a senior hire to cover the East Midlands region. Mark Tunley joins ThinCats as Origination Manager, East Midlands, as ThinCats gears up for its next period of growth, and after the company announced a £200m funding programme in conjunction with its parent company, ESF Capital. Tunley oins ThinCats after 32…

The Fairbanking Foundation has announced a new under its new partnership with housing association Orbit to support customers to manage their money The Partnership will enable Orbit’s front line advisors and 100,000 customers to access the guidance from the Fairbanking Foundation’s independent certification scheme, the Fairbanking Mark, which tests whether financial products such as current…

FRP Advisory has announced the promotion ofArvindar Singh-Sall, who is based in the firm’s Birmingham office, to partner. Singh-Sall is a licensed insolvency practitioner and qualified accountant with 25 years of experience advising and managing business and corporate restructuring. She joined the firm as a director in 2014 and has delivered a number of assignments for…

Cabot Credit Management has completed the acquisition of Wescot Credit Services , a leading UK contingency debt collection and business process outsourcing (BPO) services business. Ken Stannard, Chief Executive Officer, Cabot said “We are delighted to welcome Wescot to our company and we are excited this acquisition has coincided with winning a major outsourcing contract…