Asset finance

Borro: Business growth stalled by slow bank lending

23rd May 2017 0

Borro has warned that the banking industry must improve speed of access to finance for business owners or risk a slowdown in business investment. Paul Aitken, chief executive of Borro, said: “Bank lending speeds have […]

Buy-to-let

Paragon mortgage lending doubles in Q2

23rd May 2017 0

Paragon Mortgages more than doubled its new buy-to-let lending during the second quarter to £742.3m. Underlying Group profits were £70.1m for the first half compared with £69.4m for the same period last year. New mortgage […]

Bridging

Octane Capital completes £5.4m bridging loan

23rd May 2017 0

Octane Capital has announced the  completion of a £5.4m bridging loan to an offshore borrower in seven working days. The loan was at 70% loan-to-value (LTV) and was for a complex HMO refinance in north […]

Buy-to-let

Buy-to-let offerings for limited companies double

22nd May 2017 0

The proportion of buy-to-let deals available to limited companies has doubled in one year, Moneyfacts research suggests. This comes as the buy-to-let market remains under scrutiny as landlords are hit by several buy-to-let tax changes […]

News

Lendy launches new range of educational videos

22nd May 2017 0

Lendy is launching a range of new educational videos which it hopes to help bring peer-to-peer (P2P) lending to life. The range comprises a new corporate video and another short video focussing on two new […]

Loan Introducer

Fluent: New sourcing systems vital for secured loan popularity

22nd May 2017 0

Fluent for Advisers says the next generation of sourcing systems will be invaluable in popularising secured loans among the intermediary community. Tim Wheeldon (pictured), chief operating officer at Fluent, said: “Mortgage Brain’s new sourcing engine […]

News

A month to go until NACFB expo

19th May 2017 0

The eighth commercial finance expo from the NACFB is one month away and excitement is building for one of the biggest events in the financial calendar. The event is sponsored by Shawbrook Bank and will […]

Commercial Finance

Too much confusion surrounding commercial loans

19th May 2017 0

Commercial loans provide business opportunities to brokers but are often missed thanks to confusion about what a commercial loan according to Brian Rubins (pictured), director of Alternative. This comes after recent reports suggest that commercial […]

Development Finance

Aldermore launches contract finance offering

18th May 2017 0

Aldermore has launched a new business finance funding solution allowing small and medium-sized enterprises (SMEs) to release working capital by advancing funds against their contractual billing. Contract Finance is available to businesses with an annual […]

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