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Powered by AI, Kara can draw on all data insights accumulated since Simply’s foundation to improve user experience, streamline processes and expedite lending decisions The new “virtual employee” will work alongside teams as the business continues to help
The milestone comes as Simply announces FY 2024 pre-tax profit of £8.5m and revenues of £60.4m – its strongest financial year to-date. Total customers since inception is now over 11,000 businesses served Gross loan book increased to £505m
Simply’s Liverpool office achieves a significant milestone since its 2023 opening, supporting over 500 local businesses. Momentum continues to build in 2025, with quarterly origination volumes more than doubling year-on-year Business continues to invest in local talent to
LGB Capital Markets achieves first £100m MTN Programme with Simply Asset Finance It’s a moment for celebration both for LGB Capital Markets (“LGB”) and non-bank lender, Simply Asset Finance (“Simply”), as we announce an increase in their Medium-Term Note
Award underscores Simply’s purpose of championing SMEs and facilitating their growth The new Fair Payment Code was launched in December 2024, replaces the Prompt Payment Code Simply Asset Finance has achieved the Fair Payment Code Gold Award, recognising its
Over half of businesses (53%) expect growth from lower business rates, with 48% supporting the fuel duty freeze and 46% backing infrastructure investments. 55% of medium-sized businesses see growth opportunities in business rate cuts, while 53% of micro-businesses
50% of UK SMEs expect the policy to hinder business growth Increasing prices (24%) is the most common response to the challenge Around one in ten (9%) businesses are looking to reduce pension contributions In the aftermath of the
The new facility is part of a wider transaction which will provide around £0.7bn of funding to smaller businesses across the UK Monday 2 December 2024 The British Business Bank has announced an increase to its ENABLE Funding commitment to
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