German private bank, Varengold, has agreed to provide £45m of funding to MarketInvoice annually to assist its drive for SME funding.Read More
Amicus Finance is to launch a new commercial finance business dedicated to serving the small business and professional services communities.
Amicus Commercial Finance will provide a revolving working capital facility powered by a proprietary funding platform, which utilises smart technology and real-time data connectivity. The new business will focus on providing relationship-based, intelligent cash flow to owner-managed businesses with annual sales of between GBP0.5m and GBP5m. The firm plans to begin operating in January 2016.Read More
Bibby Financial Services ("BFS") has pledged to increase its funding for UK small and medium-sized enterprises (SMEs) by more than £290m.Read More