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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
Simply Asset Finance, a leading provider of specialist business lending solutions, has announced that its Northern Ireland office has now surpassed £100m in total loan origination – a milestone achievement for its growth. The news underscores the business’
74% of UK SMEs say that the upcoming budget will impact their future growth plans 16% of SMEs have paused or reduced investment in innovation/ growth But 42% are optimistic about the year ahead Help with energy cost
Milestone achievement closely follows announcement of successful H1 results H1 revenues increased to £29.1 million – a 17% rise from revenues achieved in H1 2023 Follows recent news of £120m backing from the Bank of America to support
Simply Asset Finance (Simply), the specialist business lending provider, has announced that it has been accredited by the British Business Bank to lend to new and existing customers under the Growth Guarantee Scheme (GGS), the new iteration of
Initial injection will enable Simply Asset Finance to increase its lending to UK businesses by 30%. Facility will also enable the business to increase its originations by c.£100m in the first year. Bank of America has agreed a new
Specialist business lending provider Simply Asset Finance has successfully gone live with Lendscape’s Asset Finance platform, marking a critical milestone for the business as it looks to optimise business growth and further improve customer experience. Unleashing potential with smart
2023 sees the company reach revenues of £52.3 million, increasing its loan book to £480 million Loan origination to date climbs to £1.3 billion, as it supports over 7,400 SMEs across the UK Named in the FT1000’s list
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