Lower interest rates (55%) and rising business confidence (38%) revealed to be driving greater interest in borrowing.

The commercial lender recently created a new London hub.

Tim was most recently head of product at HSBC.

Rates start from 6.19% for a two-year fixed rate.

Half of SMEs are delaying investment until interest rates fall.

Together has launched its first £150m development finance facility.

Overall, 2023 was the third consecutive year of declining gross lending.

The bridging lender launched the offer on residential products earlier this month.

Praetura now has two separate securitisation facilities in place for both sales finance and asset finance.

Variable rate products now start at 2.12% above base rate.