Newsroom - Shawbrook Bank

Shawbrook Bank provides funding to support buy-out of Dudley-based industrial fastener specialist

Shawbrook Bank provides loan facility to fund management buy-out of “bolts and nuts” distributor Martyn Price Fasteners.

Press Release

Forget FOMO, shoppers are now suffering FrOMO – the Frustration Of Missing Out on online prices that are too good to be true

It’s all about FrOMO, not FOMO (Fear of Missing Out), the feeling of frustration, disappointment or anger when you miss out on the price of goods or services you saw advertised online.

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Households in Dundee have the lowest value of outstanding personal loans in Great Britain with an average of just £980

Dumfries & Galloway, Kirkwall and Lerwick also rank among the areas of the UK with the lowest average value of outstanding personal loans.

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New figures reveal Northern households have highest ratio of outstanding personal loans compared to earnings in Great Britain

Average household in the North West has £1,395 outstanding, which equates to 5.3% of their annual income.

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Households in London have the highest value of outstanding personal loans, with the amount owed rising 18% in four years

Average household in the capital has £1,805 outstanding, while in 2013 this figure was just £1,524.

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UK borrowers hit with £204m interest bill as lenders balance pricing of personal loans

Lenders could be charging some borrowers higher rates of interest to cover the cost of low advertised rates.

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New report commissioned by Shawbrook Bank concludes that borrowers do not understand advertised headline rates on personal loans

Since 2011 teaser or ‘Representative’ APRs have become increasingly unrepresentative of actual interest rates offered to successful loan applicants.

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A family-owned business, approaching its 300th year of trading, has secured funding which position it to develop new markets

Webster & Horsfall (“W&H”), a Tyseley-based manufacturing business, received backing from Shawbrook Bank.

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Shawbrook and RAC put control over car finance truly in the hands of buyers with launch of Flexiloan

Shawbrook Bank and the RAC launch what they believe is a first for the UK car finance market with a new flexible loan product.

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Family-owned tanker group secures ‘game-changing’ acquisition with £4.1m funding

Universal Tanker Group has acquired Waters Waste Services, fuelled by a £4.1m funding deal from Shawbrook Bank arranged by PMD Business Finance.

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Shawbrook Bank opens Regional Business Centre in Bristol

Shawbrook Bank has opened the doors to its first Regional Business Centre in Bristol. The plan is to strengthen its support and commitment to businesses across the UK by deploying local specialists who understand the market and sectors their business customers are operating in.

Press Release

mclcreate completes management buyout.

The management team of the UK’s largest integrated live events company, mclcreate, has completed a management buyout of the business from the NEP Group for an undisclosed sum, with specialist funding from Shawbrook Bank.