United Trust Bank has promoted Robert Owen to Managing Director. Owen was responsible for the specialised mortgages division. Jo Edwards has also joined United Trust Bank as Business Development Director – Mortgages and Bridging.
Read moreRateSetter has published its 2015-16 accounts, showing that it increased revenues from £12.6million to £18.5million over the year. The company made a pre-tax loss of £4.9million, compared to a pre-tax profit of £476k for the preceding year. The company’s results are in line with expectations set out at the start of the year and reflect…
Read moreAtradius N.V has announced its acquisition of 55% of the shares in Graydon Holding N.V. With this acquisition Atradius, which already owned a 45% stake in Graydon will become the sole shareholder. Graydon has offices in Netherlands, Belgium and the UK with business operations in credit management, risk and compliance, marketing information and debt collection. Graydon will continue…
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Aldermore has appointed Lesley Rolfe as the Head of Asset Finance Operations. Carl D’Ammassa, Group Managing Director, Business Finance at Aldermore, said: “Aldermore’s Business Finance division is continuing to grow at an impressive rate, giving us the opportunity to expand our team and improve our operations and processes to drive this growth even further and improve…
Read moreRimilia has announced strong end of year results for it’s financial year ending 31st July. The company achieved overall year on year sales increase by over 40%. The year also saw a 30% increase in staff members across all departments and the launch of a fully integrated Accounts Receivable (AR) solution. Managing Director Chris McGibbon said that the…
Read moreMetro Bank has announced the appointment of Kevin Craven as Head of Invoice Finance. Craven joins the bank from Bibby Financial Services. Richard Saulet, Director of Invoice and Asset Finance at Metro Bank said: “I’m delighted to welcome Kevin to the growing team. Kevin brings with him extensive experience and a real desire to do the…
Read moreUltimate Finance has appoint Andrew Casey to it’s asset finance as Regional Director. Andy Ribbins Managing Director of Ultimate Asset Finance said “These are really exciting times for Ultimate and Andrew is a great addition to help us build our presence in the East of England. He joins us with an excellent reputation in the area, amongst…
Read moreNew measures to support the Prompt Payment Code (PPC) and drive a culture of better payment practice have been confirmed in a letter to PPC signatories from Margot James, minister for Small Business and Philip King, chief executive of the Chartered Institute of Credit Management (CICM). The letter highlights the significant success of the code…
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The National Association of Commercial Finance Brokers (NACFB) has launched it’s annual report. Despite the backdrop of political and economic uncertainty surrounding the EU Referendum, small business lending hit an all-time high over the past 12 months. Lending has increased by almost 30% (29.8%) to £20.7billion. The figures are based on business written by NACFB brokers between July…
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CVR Global has appointed Simon Lowes to its partner team. Lowes is a licensed insolvency practitioner with more than 30 years of experience in the insolvency and business recovery sector. He joins Matthew Fox as CVR Global’s second partner based in Southampton. Matthew Fox, Partner at CVR Global, said: “Simon is a highly experienced insolvency practitioner who…
Read moreResearch from Funding Options has announced that the number of businesses whose assets were seized by the HMRC in order to settle outstanding debts grew sharply in the last year is up 145%, from 649 in 2014/15 to 1,592 in 2015/16. Funding Options adds that HMRC seized assets to recover £42.6m of outstanding debt in the last…
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Creditsafe has announced the opening of its first office in Asia. Headquartered in Tokyo with operations based in Fukuoka, it is the firm’s 18th global office. In addition to setting up its operation in Japan, Creditsafe is also planning to extend its global database to offer UK businesses information on more than 12 million publicly traded…
Read moreUHY Hacker Young has announced the appointment of Martin Jones as a new Partner in its London audit and assurance team. Laurence Sacker, Managing Partner of UHY Hacker Young, says: “We are delighted to have Martin join the UHY Hacker Young team at our London office. Martin’s specialist knowledge and international experience will be highly valuable…
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