Personal guarantee insurance (PGI), a product used by small business owners to protect against the risk of a personal guarantee being called in for a business loan, saw a steep rise in popularity in 2022 […]
That Bounceback Loan fraud thing is still going on, as the Insolvency Service crunches the data trail and identifies the fraudsters. Here’s the latest case; David Okot from Deptford, South-East London, received an 11-year disqualification, […]
An £884m loan scheme for new businesses is to be greatly expanded, delivering much needed finance to the UK’s array of innovative start-ups, the Business Secretary Jacob Rees-Mogg has announced. The Start Up Loans programme […]
A crypto loan is a form of secured loan whereby the crypto holdings of a user are used as collateral in exchange for interest from a lender that later allows you to pay back in […]
Latest from the Competition and Markets Authority; Following CMA action, NatWest is set to refund hundreds of business customers after it wrongfully forced them to open current accounts to secure a loan, which cost money. […]
In an exclusive end of summer sale, specialist lending firm, SoMo | Bridging, is offering borrowers a reduced lock-in fee from £350 to £99. As part of its commitment to helping brokers secure more deals, SoMo is […]
The latest from the UK Govt press office exposes the lamentable lack of Companies House checks that were carried out before hundreds of Covid loans were given out. Just one 10-second look at the Tia-Bella […]
Gallagher Re, the global reinsurance broker, today welcomed Accord Mortgages – the intermediary-only lending subsidiary of Yorkshire Building Society – to Deposit Unlock, the innovative reinsurance-backed mortgage indemnity scheme it helped design and develop for the house […]
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