Business Lending

Platform Black appoints new Sales Director

Richard Whitehouse has been appointed Sales Director at Platform Black. Commenting on his new appointment, Richard Whitehouse said “The fintech market is exploding and this opportunity to join a business in the sector, with such strong lending principles and access to large funding pools, was impossible to ignore. Platform Black’s track record and investment from our parent,…

HH Cashflow Finance appoint new Head of Sales

HH Cashflow has appointed Robin Goddard as it’s new Head of Sales.

Company Insolvencies decrease: The Insolvency Service

The latest results Insolvency statistics from The Insolvency Service for Quarter 2 (April to June 2016) reveal that Company Insolvency numbers have gone down. The main findings of the report were: Total company insolvencies were lower than the previous quarter and also decreased on the year This decrease was mainly driven by a decrease in compulsory…

Hitachi Capital Invoice Finance adds to its Senior team

Andrew Ward has joined Hitachi Capital Invoice Finance as Senior Business Development Manager.  

Strategic Banking Corporation of Ireland and Bibby Financial Services launch invoice financing fund

The Strategic Banking Corporation of Ireland (SBCI) and Bibby Financial Services Ireland (BFSI) have announced a €45million lower-cost invoice financing fund for Irish SMEs. An extension of SBCI’s on-going efforts to drive competition and choice in the Irish lending market, the announcement sees €45 million in funding being made available to Irish businesses. The agreement enables…

New leadership roles as Close Brothers unifies north & south divisions

As part of the changes Ian Steward has been appointed Managing Director of Close Brother Invoice Finance. Steward was previously Managing Director of Close Brothers Invoice Finance North. George May and Fiona Parkinson will now become Commercial Directors for the north and south.

Bibby Financial Services agrees €150 million funding agreement

Bibby Financial Services has announced the fund to support European SMEs. The three-year agreement with HSBC will be available to new and existing SME customers.

Santander to launch leasing product for consumers and businesses

Santander Consumer Finance UK (SCF) product to be sold through brokers and dealerships

Leasing Foundation appoints Carl D’Ammassa of Aldermore to its board

Other new appointments to the board include Mike Randall, Jo Davis (Locke Lord), Fran Watson (Siemens Financial Services), Gavin Wraith-Carter (Hitachi Capital Business Finance), Gabriele D’Uva (GE Capital) and John Chadwick (Acquis Insurance Management).

The Association of Short Term Lenders (ASTL) has announced the date of its fourth annual conference to be held on the 22nd September 2016

The Financial Conduct Authority (FCA) shares thoughts on whether consumers would benefit

The Financial Conduct Authority (FCA) shares thoughts on whether consumers would benefit from further regulation of the peer-to-peer lending market with the Bank of England

HPD Software launches Aquarius Construction Finance for lenders

Ray Lowrey appointed as UK Risk Director for Bibby Financial Services