Asset Finance Flow is a new business line set up to provide dedicated finance solutions for lending values up to £150,000.
Related topic: Commercial
14% of all SMEs using finance are worried about repaying.
The lender has reduced HMO and holiday let rates as part of the changes.
At the end of their apprenticeship, they will take on roles as telephone business development managers.
More than 20% of brokers said conditions have worsened.
The new offering will provide brokers with a clear, fast solution for more straightforward bridging cases.
The lender has increased broker support in the Midlands and South East.
The PRA is replacing the SME Supporting Factor with a new SME lending adjustment for banks.
H1 2024 saw regional lending growth strongest in the East Midlands and North West.
The LSB will require lenders to carry out annual checks on the status of a personal guarantee.
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