Johnson Reed, has been accepted and approved by Accredited Coronavirus Business Interruption Loan Scheme (CBILS) Lenders as an Accredited Lending Partner. The Stockport based business finance specialist can now offer businesses and suppliers the opportunity to apply for vital business finance … [Read more...]
News for: Finance
AIB joins list of Business Interruption Loan approved lenders
Allied Irish Bank (AIB) has announced it has now been approved for accreditation by the British Business Bank as a lender for the government backed Coronavirus Business Interruption Loan Scheme (CBILS). The bank has already been able to support over 600 business customers with extra support prior … [Read more...]
COVID-19: Have you considered Business Loan Protection?
As many businesses struggle through the current pandemic it is encouraging to know that there are some options out there to help keep businesses afloat through these difficult times. One of the solutions is the Coronavirus Business Interruption Loan Scheme, which enables SMEs to access loans of … [Read more...]
£1.25 billion support package announced for innovating businesses
Chancellor Rishi Sunak has announced a coronavirus support package for UK businesses driving innovation. The support packages include a £500 million loan scheme for high-growth firms, called the Future Fund, and £750 million of targeted support for SMEs investing in innovation, research and … [Read more...]
5 tips to avoid Covid-19 pension scams
Fraudsters and scammers are taking advantage of the current Covid-19 pandemic, and pension scams soared by 400% in the last month. Dr Anna Tilba, from Durham Business School, has outlined five ways to avoid being the victim of financial scams. Coronavirus is creating favourable conditions for … [Read more...]
Local lender asks Stockport residents to invest in their community
The Chief Executive of Stockport Credit Union has penned an open letter to Stockport residents, asking those can to invest their money to support others in their community who may be struggling. The local credit union has seen a steep rise in people needing small loans to cover basic costs, such … [Read more...]
Greater Manchester FinTech scene is largest in England’s regions
Whitecap Consulting has found that Greater Manchester has the largest hub of FinTech businesses outside the capital. Research on the sector was collected before the coronavirus outbreak by a collaboration of Whitecap Consulting, Innovate Finance and the University of Manchester among others, and … [Read more...]
Contactless payment limit increased to £45
The spending limit for contactless payments has been increased from £30 to £45, prompted by an increase in interest due to the Covid-19 outbreak. Similar increases have been carried out across Europe, and the changes has been made following consultation with finance, payments and retail … [Read more...]
Cheadle lender sponsor Women in Specialist Lending Event
Cheadle based lender, Together, have sponsored a panel discussion on workplace equality at a Women in Specialist Lending Event. Speakers including actor Nicola Thorp (pictured), Fiona Hoyle, head of consumer and mortgage finance at the Finance and Leasing Association, Debbie Burton, CEO at … [Read more...]
Savings award win for Vernon Building Society
Stockport's Vernon Building Society has won a national award for Best Savings Provider at the British Bank Awards. The local mutual - with branches in Stockport, Reddish, Cheadle, Hazel Grove, Poynton and Marple - scooped the top prize at the highly respected British Bank Awards. The awards … [Read more...]
Stockport commercial lender supports residential plan for city centre bank
Stockport commercial lender Together has provided a short-term loan of more than £1million for development company Soller Group to buy the old Barclays building in Oxford Road. The property group plan to transform the three storey office block into residential accommodation in the heart of … [Read more...]
Financial support measures announced by Chancellor to manage economic impact of coronavirus
The UK government has announced a wide-ranging package of financial support measures to ensure businesses can continue meeting running costs as the coronavirus outbreak hits the global economy. In the government's daily press conferences on the coronavirus pandemic, Chancellor Rishi Sunak … [Read more...]
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