The maximum loan has increased to £150,000 as part of the changes.

The former managing director of the NACFB has joined Fiducia Commercial Network.

Jaxon Stevens, relationship director at ASG Finance, says the most ambitious projects are likely to bring higher returns in the current market.

Simon has held previous roles at NatWest, Santander and Shawbrook Bank.

The Cumberland is expanding its operations to serve the healthcare, professional services, and food & drink sectors.

Mike has 30 years of experience in the financial services industry.

Matt will support SMEs in Essex and the surrounding areas.

The new and increased funding spans the lender’s bridging and buy-to-let mortgage ranges.

Nearly half (47%) of brokers report heightened SME recession fears, up 12 points in the last quarter.

Norton has joined finova's mortgage club lending panel.