In Reference Appointments & Updates
their full growth potential. The unpredictable nature of a seasonal business has a massive impact on cash flow, and hinders the ability to plan for the long-term.”
Synectics Solutions and Infoboss have announced a partnership that will see both organisations integrate their respective technology platforms, to broaden the reach of anti-fraud and financial crime activity, in both the public and private sectors, through the automated processing of unstructured data. Mark Hobart, managing director
Infoboss, said: “The relationship with Synectics is important to us as it provides opportunity to illustrate how our innovative technology platform can be used in the fight against fraud and to deliver efficiencies in other areas that their customers are looking at such as claim leakage.”
Trade Ledger and Wiserfunding have announced a partnership that allows banks and alternative finance providers to more accurately assess their mid-market commercial customers for secured and unsecured credit. Roger Vincent, chief innovation officer at Trade Ledger said:
The Budget, understandably, focused on the coronavirus and the implications on both a health and finance basis, meaning other changes that may impact individual wealth management were not front and centre. There were some changes to be aware of, but Gavin
Jones, chartered financial planner at Old Mill, said the key points of the budget were the changes that we did not see. “With a lot of talk before the Budget of a big reduction in
pension tax relief for higher earners and following the two reports about Inheritance Tax (IHT) from the Office for Tax Simplification (OTS) in 2019, we still expect reform in these areas,” he said. “With a big increase in borrowing and the autumn Budget looming at
Gavin Jones
some point, the focus will come back on tax receipts and these could be areas targeted. However, despite this, there were some changes to be aware of in terms of income, earnings, pensions and tax.”
“Inaccurate and slow credit risk assessment, for SME commercial loan requests is one of the major reasons that over 50% loans are currently declined by financial institutions (FIs). This has created a £1.2tr global credit gap and is stunting economic growth and social mobility.”
Bibby Financial Services has provided a £500,000 funding facility to FEL Group, a ventilation and air conditioning specialist
Fiduciam Ireland has started 2020 with a substantial increase in new business, both north and south of the border, and is bullish about the prospects for rest of the year. It aims to lend €50min Ireland this year, an increase on its
original projection, and will also be opening a Belfast office. The company has already hired a new Irish case manager to help with the increase in enquiries. Overall, the Irish property market has been improving
with have over 20 years’ experience in the industry. The Scunthorpe-based business provides
and installs comfort cooling, refrigeration and ventilation systems to a wide range of customers across a wide range of public and private sectors including health, leisure, education. David McIntyre, corporate manager at
Bibby Financial Services, said: “FEL Group Ltd. is an experienced specialist within the construction sector with a well-established customer base across the UK. “We are delighted to be able to support
the ambitions of the MBO team and provide the funding they need to move the business forward and focus on achieving their goals.”
Ken Duffy
with property price rises seen in the main centres. This is now spreading to commuter towns and some of the key county towns throughout Ireland. Northern Ireland, which is in a unique economic and political situation, should benefit significantly from Brexit and is likely to continue to perform well over the next couple of years. Kenneth Duffy, country manager for Ireland, says: “From an Irish
perspective, the past three years have been incredibly challenging. The country has navigated Brexit and is now dealing with an outbreak of the Coronavirus. Throughout all the economic uncertainty, Fiduciam has remained fully committed to the Irish market. Fiduciam’s investment in Ireland continues into 2020, our team is growing and we are opening a Belfast office. “Our commitment has paid off thus far, our market share has increased
year on year and we fully expect this will continue into 2020, when Coronavirus has run its course.”
March 2020
www.CCRMagazine.com
Foundation Home Loans has announced a full refresh of its buy-to-let product range. The lender has relaunched its entire
range of buy-to-let products with immediate effect, which includes a number of new products, cuts to product fees and the extension of all product end dates. Jeff Knight, director of marketing at
Foundation Home Loans, said: “We are very pleased to be launching a refreshed buy-to-let product range which we believe is a direct response to landlord demand, plus is both highly competitive on price and offers advisers and their landlord borrowers a number of criteria options, whatever the type of property they are seeking finance for.”
49
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52