Skipton Business Finance (SBF) has appointed Kim Hughes as its new head of Asset-Based Lending (ABL). Hughes brings over 14 years’ experience across Invoice Finance and Asset-Based Lending, with a proven track record in structuring sophisticated funding solutions, portfolio oversight and delivering complex commercial facilities. She began her banking career at Yorkshire Bank before moving…
Read moreNew global payment data analysis from Sidetrade is showing that late payments now account for 37% of the payment cycle. The data shows that businesses took an average of 51 days to get paid in 2025, composed of 32 days of contractual payment terms and 19 days of payment delay.The data indicates that short commercial…
Read moreNew research by Allica Bank shows that the market remains active and resilient, with brokers continuing to see meaningful demand across key sectors and reporting strong improvements in lending speed and efficiency. Despite a more challenging economic backdrop, 29% of brokers saw an increase in asset finance applications in the second half of the year…
Read moreThe UK housing market has continued to outperform the wider economy, underpinned by a mortgage market that has absorbed higher interest rates more effectively than many expected, according to analysis from the Intermediary Mortgage Lenders Association (IMLA). IMLA’s latest report projects that mortgage arrears will continue falling through 2026 and 2027, even as the final…
Read more