Newsroom

UK fintech market veteran, Stuart Doignie, has been appointed as Shawbrook looks to scale-up and evolve its specialist SME lending proposition.

The UK economy is missing out on a vital boost as new research reveals small-and-medium sized businesses (SME) are sitting on £86 billion of dormant cash in accounts paying little or no interest.

Stone Group is a leading supplier of technology hardware and services for the NHS, education, and other UK sectors.

APS Group is the UK’s largest tomato supplier, responsible for over 30% of total UK production, providing a range of fresh salad produce to multiple UK retailers.

Medica Packaging is one of the top 3 manufacturers and distributors of secondary packaging for the pharmaceutical and healthcare sectors.

Shawbrook Bank has recently supported Affiniture Cards Limited (trading as Diners Club International) with the refinancing of their existing funding arrangements through the provision of a committed senior funding line.

Parekh joins Shawbrook’s Midlands Regional Business Centre team, primarily focussing on delivering leveraged finance to SMEs across the Midlands region.

Shawbrook Bank provides an asset-based lending facility to national supplier of commercial vehicle ply-lining, conversions and accessories, Fast Fit Nationwide. The funding line was delivered to support the latest change in ownership of the company as it undergoes a management buy-out.

Shawbrook recruits a new Director following successful launch and rapid growth of Unitranche offering.

Acquisition of Manor Energy Group is the first by new Private Equity house CastleMill Equity Partners led by Rob Asplin and Conrad Lee.

Shawbrook Bank’s Business Finance Division recruits Chris Richold to lead its Specialist Asset and Sector Finance teams.

The London-based SME finance and business mentoring provider, Newable Business Finance, has lent over £20m to over 250 growing businesses and supported many more since it was established in 2017.