Category: Finance

New commercial property lender launches in Ireland

Finance, Funding, Investment

Timbercreek Asset Management has created an Irish commercial property lending business. The Canadian property investment firm has made €200m (approximately £172m) available to support property investment projects across Ireland. Timbercreek’s Irish team will be led by Paul Roddy (pictured above) and will target loan sizes from €1m to €50m...

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Aldermore launches contract finance product

Finance, Funding

Aldermore has announced the launch of a new contract finance offering. The new service will enable SMEs with an annual turnover above £250,000 to release working capital by advancing funds against their contractual billing. “We have launched our contract finance offering at a time when a growing number of...

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Housebuilder acquires southern developer

Finance, Funding, Property

Housebuilder Galliford Try has announced that its partnerships business has completed the acquisition of a leading developer in the South of England. Southampton-based Drew Smith Group – which comprises Drew Smith Limited and Drew Smith Homes – specialises in mixed-tenure developments, land promotion and planning services. The acquisition comes...

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Mobile bank reaches 200,000 customers


Monzo has revealed that over £250m has been spent via its cards by more than 200,000 customers. The challenger bank has seen a significant rise in customers since hitting the 100,000 milestone just three and a half months ago. The announcement comes a month after Monzo became a fully...

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