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If you've ever wondered whether banks offer bridging finance, the answer is generally no. Bridging finance is a unique product not typically found in banks' portfolios. Banks usually focus on long-term loans, which involves lengthy processes. In contrast, bridging finance is all about speed, providing funds within 24 hours for short-term needs. For more info: www.empowerfunding.co.za Email: [email protected] #bridgingfinance #realestate #realestateagent #propertysold #southafrica

The future of finance is open! The Association of British Insurers is proud to have been part of this coalition, looking to shape the future of Open Finance. Developed in collaboration with over 60 coalition partners and led by the Centre for Finance, Innovation and Technology (CFIT), the launch of this Blueprint Report is furthering the case for unlocking the transformative power of Open Finance. Key insights from the report include: • Delivering Open Finance and personal data mobility could boost UK GDP by £30.5bn. • The need to establish a regulatory framework to encourage secure data-sharing. This afternoon celebrated the Proofs of Concept created in conjunction with both Citizens Advice to improve debt advice to consumers, and HSBC focused on SME lending. These cases acknowledge CFIT's capacity to make a significant difference to both consumers and SMEs thereby driving significant economic growth in the UK. Read the full report: https://bit.ly/3OYPmca #cfitinnovation #fintechinnovation #ukfintechforward #openfinancecoalition

The Old Mutual Limited Group has introduced the Old Mutual Business Roundtable, a platform designed to promote collaboration and growth among SMEs in East Africa. The Roundtable will also focus on addressing the challenges SMEs face, such as Despite the wide range of financial service providers in the country, including banks, insurance companies, and mobile services, SMEs often struggle to effectively navigate and utilize these resources. The Old Mutual Financial Services Monitor (OMFSM) reveals that only 13% of business owners have a financial advisor, while 43% are uncertain about where to seek financial support. Consequently, 20% of business owners are grappling with debt, and 46% are experiencing significant financial stress. Click on the link to read more https://lnkd.in/dB25rha7 #growth #business #finance

Last summer, we submitted evidence to the House of Commons Treasury Select Committee’s inquiry into SME finance 👉 https://lnkd.in/gPK62RXD Today, the House of Commons Treasury Select Committee published its report on the inquiry and Innovate Finance welcomes the recommendations made by the Committee. The report references a key point made by Innovate Finance about the vital contribution of challenger banks and alternative finance providers in providing lending to SMEs. 💰 “Innovate Finance, the trade body for FinTechs, argued that a decline in SME funding by large high street banks after the crisis had led to a c.£95bn finance gap between 2015 and 2022, which had needed to be met by emerging challenger banks and alternative finance providers” We are pleased that the good work of the FinTech community has been highlighted. Our work to create a more conducive environment for lenders and improve access to SME finance continues. Read the Treasury Select Committee’s report in full here 👉 https://lnkd.in/eyDEU3-b Adam Jackson | Michael Carter | Paul Worthington | Megan Jenkins | Christopher Foo | Jago Corry 

Considering bridging finance but exploring alternatives? Bank loans can take weeks, causing you to miss opportunities. Borrowing from friends might end up being more costly. While other bridging finance firms exist, we guarantee the lowest rates. Waiting is an option, but it might lead to cash flow issues. At Empower Funding, we offer quick and affordable bridging finance, ensuring you get your money when you need it most. Avoid delays and financial strain by choosing us. We'll guide you through the process and secure your funds promptly. Contact us today to learn more! For more info: www.empowerfunding.co.za Email: [email protected] #bridgingfinance #realestate #realestateagent #propertysold #southafrica

Understanding private lending is crucial for anyone exploring alternative financing options. Our latest blog post, 'Understanding Private Lending: A Beginner’s Guide,' offers a comprehensive overview tailored to the Australian market. Dive into the different types of private lending, the benefits, and what to consider before choosing this path. Read the latest Medium post here https://ow.ly/mRq550SWp8x #PrivateLending #AustralianFinance #FinancialServices #Finance #australia

The Loan Market Association and the International Capital Market Association have recently published welcome guidelines on sustainability-linked loans financing bonds. In this article Finance and Capital Markets partners Alan Bunbury, Alma Campion, Knowledge Management Lawyer John Adams and solicitor Grace O'Donnell discuss the content of the guidelines, the relevance of these guidelines and who should be interested in them. They also consider the likely breadth of adoption by issuers of the standards outlined in the Guidelines. Read more here – https://lnkd.in/dR2-d2pi #MathesonLaw #FinanceandCapitalMarkets #ESG #DebtCapitalMarkets, #Lending #RealEstateFinance #Banking

The finance industry in the UK encompasses various sectors, including banking, insurance, investment management, fintech, and accounting. Understanding these key areas is crucial for navigating the complex landscape of financial services and making informed decisions. Whether you're a professional in the industry or a business owner, staying informed about these sectors is essential for success. If you are in the finance industry and looking to get some more skilled employees on your team, give us a call and let us help you find the perfect match. 📞07970 106 264 #FinanceIndustry #UK #FinancialServices

Loans from CDFIs help to reduce regional and economic inequalities.  60% of loans to SMEs were in the most disadvantaged areas of the UK. Read more in @resp_finance latest impact report https://lnkd.in/g6QzmxER #RipplesToWaves #BusinessLending #CDFIs 

In its latest #FinancialStabilityReport, the Bank of England has raised concerns regarding the PE sector, highlighting a dramatic increase in defaults on leveraged loans, which have surged by 250% recently. For context, 73% of leveraged loans are extended to PE-backed companies. Why is this important?  The UK General Elections are to be held on 4th July.  If current opinion polls are to be believed, Labour party is expected to win by a majority. In light of this report, Labour's proposed tax increase on carried interest (profit sharing paid out to PE fund managers) looks even more likely to materialise. The proposed taxation of carried interest as income rather than as capital gains (up to 45%, compared to the current capital gains tax rate of 28%) would make PE less attractive to top talent in the UK. What will be most interesting to observe is the impact on deal structuring. Would we see an even more increased use of debt to enhance returns and compensate for the reduced after-tax carried interest? Only time will tell!