Finance News – Sme
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Profit triples at SME lender Iwoca as loans near £1bn
Iwoca’s pre-tax profit increased significantly to £59.1 million in 2024, reflecting substantial growth in revenue and lending activity focused on small and medium-sized enterprises...
Read Full Article →High street banks’ SME lending comeback won’t rattle challengers
Traditional banks are increasingly providing loans to small and medium-sized businesses again, yet fintech companies continue to dominate the market share in this sector.
Read Full Article →Simply: Fintech SME lender expands loan book as firms turn to debt finance
The increase in lending by the UK-based fintech company highlights a growing reliance on borrowed capital by small and medium businesses to support their growth initiatives through...
Read Full Article →Half of SME housebuilders ‘to be bust by next election’, report to warn
A recent report indicates that rising expenses related to industry regulations may cause financial collapse for approximately half of the small housebuilding firms in Britain befor...
Read Full Article →SME lender Tide eyes $1bn valuation in Apis funding talks
Tide is currently in advanced negotiations to secure new investment that could value the company at around one billion dollars, highlighting its growing prominence in the UK fintec...
Read Full Article →Britain’s SMEs must get over their aversion to debt to ramp up growth
Small and medium-sized enterprises in Britain have the potential to drive economic expansion if they embrace borrowing and benefit from improved access to diverse financial resourc...
Read Full Article →UK ministers to meet bank bosses over lending to small businesses
Government officials plan to engage with major financial institutions to address challenges faced by smaller enterprises in obtaining necessary investment capital, aiming to stimul...
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