Dave Sutherland

Challenger bank expands after £5 billion boost “We’ve built a resilient, diversified balance sheet that sets us up for sustainable profitability – and we’re still building momentum.” Chetwood Bank has unveiled expansion plans after breaking a £5 billion balance sheet benchmark. The digital lender is opening a Manchester office which will build on existing bases in London, Wrexham and Fleet, leaving it primed to continue its momentum across the UK banking sector. Read more here: https://lnkd.in/eZpHStrf Paul Noble

127

4 Comments

The British Business Bank has agreed an ENABLE Guarantee transaction of up to £300m with Close Brothers Asset Finance, unlocking fresh lending capacity for smaller UK businesses. Find out more at: https://lnkd.in/e8a_CPzz #CloseBrothers #AssetFinance #BritishBusinessBank #ENABLEGuarantee #SMEFinance

174

3 Comments

Customers are switching banks. But with the right digital experience, yours won't need to. We surveyed 4,000 customers and 400 senior banking execs across the UK and US to uncover what really drives customer loyalty and whether banks are ready to meet those expectations. Download a copy of the report. The results might surprise you: https://ow.ly/qBcn50WXj4Z

73

2 Comments

Trust Retail, part of the Trust Payments Group, has announced implementation of Pennies micro-donation technology at John Bell & Croyden, a London pharmacy dating back to 1798 and a Royal Warrant holder since 1958 #payments Mike Dotson robin winfield Alison Hutchinson CBE Rebecca Malia Full story here 👉 https://lnkd.in/ekBSd3aS

33

2 Comments

🌟 Ahead of the Women & Diversity in Credit Conference, we caught up with Heidi Physick, Chief People Officer at Oodle Car Finance. Heidi will be joining the panel discussion “How to build succession pipelines for female employees” — tackling the challenges of the “leaky pipeline” and sharing practical retention strategies for businesses aiming to strengthen female leadership. Her insights highlight not just the barriers, but also the opportunities companies have to create sustainable change in leadership pathways. 👉 Read more about Heidi’s perspective and what to expect from the session in our latest article - https://lnkd.in/eJTNM8Wt #WomenInLeadership #DiversityAndInclusion #SuccessionPlanning #CreditIndustry

78

5 Comments

📢 Allica Bank CEO Richard Davies was quoted in The Times yesterday about how a few smart regulatory tweaks could unlock £500 million more in SME lending this year 🚀   He covered:   🏦 Why high street banks are pulling back from SME lending 💰 How UK businesses think about debt, and how to build confidence ⏩ Why speed of decision-making matters more than ever   We’re proud to back the UK’s established SMEs that make up the beating heart of the UK economy – and too often get overlooked.   With over £3 billion already lent, we’re transforming relationship banking with great rates, smart people and powerful technology. And with the right support from regulators, we could do even more.   Let’s make it easier for established SMEs to get the money they need to thrive 💼   👉 Read the full article: https://lnkd.in/e8bbt8S2   #SMEs #businessbanking #fintech #regulation #growth

356

6 Comments

🎺 We've agreed an ENABLE Guarantee with finance provider 4Syte, supporting a facility of up to £100m. The transaction will unlock additional capacity, increasing 4Syte’s invoice finance and asset-based lending to smaller UK businesses. The funding is being provided by NatWest while the Bank is guaranteeing a portion of the funding and will help to support a doubling of the existing funding facility. “Working with a new delivery partner in 4Syte and alongside an established funder like NatWest, demonstrates our commitment to increasing the diversity of providers in the wider lender market, supporting them at whatever stage of their journey they are on," says Michael Strevens, Our MD, Structured Financial Institution Solutions.

39

1 Comment