Businesses are turning to asset financing in tough times, with a 9.7% annual increase in new lending.
Related topic: Commercial finance
The firm is targeting larger businesses looking for bespoke funding solutions.
Borrowers can earn discounts of up to half the exit fee by meeting ESG criteria.
Earlier this year, Alba was granted its banking licence by the PRA and FCA, allowing it to move into mobilisation.
Pricing on all other products has been maintained amid market volatility.
Around 7,000 UK businesses are likely to shut down every quarter in 2024 as high interest rates cause financial strain and the UK economy enters recession, according to a new report...
The British Chambers of Commerce (BCC) has called for action to improve the availability of finance for SMEs as accessibility, awareness and a lack of competition continue to hold...
High street banks continue to cut lending to SMEs, despite demand increasing.
Assetz Capital has become a key introducer of commercial mortgage loan applications to Atom Bank as part of a new collaboration.
British Business Investments has announced a new £20m Tier 2 capital facility for Cambridge & Counties Bank.