Shawbrook has launched new dedicated support for loans over £5m.

Holiday let and HMO products will benefit from the latest round of reductions.

Scott joins the lender's vendor finance team.

Lower interest rates (55%) and rising business confidence (38%) revealed to be driving greater interest in borrowing.

The commercial lender recently created a new London hub.

Tim was most recently head of product at HSBC.

Rates start from 6.19% for a two-year fixed rate.

Half of SMEs are delaying investment until interest rates fall.

Together has launched its first £150m development finance facility.

Overall, 2023 was the third consecutive year of declining gross lending.