UK Finance reports lending trends for SMEs getting back to normal

UK Finance today has released its latest Business Finance Review which reports on the finance needs of SMEs.

The latest Review shows a continuation of the gradual return to normal lending trends across SMEs during the first quarter of 2022. We saw a modest uptick in demand for cashflow finance through overdrafts and invoice finance and asset-based lending – this is a consequence of both the end of Covid-19 restrictions and the significant increase in cost pressures that many businesses are now facing.

Gross lending

Following the significant growth in lending volumes in 2020/21 from the government’s Covid-19 lending schemes, demand for finance has been comparatively muted over the past year with gross lending of around £5 billion per quarter from the high street banks.

During the first quarter of 2022 gross lending to SMEs was £4.9 billion, £0.1 billion higher than the previous quarter.

Overdrafts

Following two years of … Read more

The Range: Australian Farmhouse meets European Summerhouse with a Twist of Spanish Enchantment

More than a decade ago, Tom and Emma Lane were sitting on 120 acres in the hinterland of Byron Bay, Australia. Tom had spent his childhood summers on his family’s farm in Braidwood and wanted to provide his and Emma’s four children with the same opportunities he enjoyed as a boy – space and a connection to nature.

So, armed with a healthy dose of holiday romanticism and a slew of mental sketches, the pair set out to design what they felt to be the ultimate blend of an Australian farmhouse and Spanish Finca characteristics. “We wanted to make sure we honored Australian design while honoring both cultures,” Tom explained.

After ten years of searching for the ideal location, they stumbled onto 120 acres in the Byron Bay hinterland by chance in December 2017. With an old homestead and a few outbuildings, the area was a little wild and rugged. … Read more

Jonah’s Restaurant and Boutique Hotel: Consistently Providing Luxury Experience Since 1929

What is the one thing that one needs after a long hectic period of hustle to achieve their goal? One of the obvious answers would be a nice relaxing vacation. Spending that downtime in a luxury property that provides the comfort and privacy you’re looking for is one of the best things you can do on that vacation.

Fulfilling all of these criteria to make your vacation special is Jonah’s Restaurant and Boutique Hotel. Situated at Whale Beach on Sydney’s Northern Beaches, Jonah’s is one of Australia’s most spectacular ocean retreats. In its 90 years of operation, Jonah’s has made its name in the industry for exhibiting professional excellency, which is one of its core values.

In the following interview, Niels Sluiman, the General Manager of Jonah’s Restaurant and Boutique Hotel, talks in detail about the property’s comprehensive services and gives some valuable industry insights.

Please brief our Read more

Saffire Freycinet – An Intimate Luxury Accommodation Hotel to Maximize Your Tasmanian Holiday

We all know that an exceptional holiday with loved ones is the type of experience that will become a lifelong memory. A well-spent holiday will also clear away the accumulated dust from our minds and allow us to come back relaxed and refreshed.

Australia is a dream holiday destination for many travelers all across the world. And the state of Tasmania is one of the most popular destinations for people once they get there. Blessed with natural beauty and diversity, Tasmania cannot be compared to anywhere else. With thousands and thousands of tourists choosing to visit each year, selecting your accommodation here is just as important as choosing the destination. Offering the ultimate luxury experience on the island of Tasmania is a premium lodge known as Saffire Freycinet.

Saffire Freycinet aspires to set a bold new direction for accommodation in Tasmanian with its authentic, inspiring, and enriching experiences offered … Read more

e-CARGOWARE: Exemplifying Technology Leadership!

Technology has been playing a very significant role in human upliftment. Be it surpassing the war crisis, enabling the access of the eastern horizon to the west, or the transgressing age-old problems with future-proof solutions, the technological innovations have surprised the world.

Ushering with this understanding, the business community has always been scouting closets that consist of problems and are yet unresolved. Encountering the business challenge becomes the first. The second is to encompass all the stakeholders of the problem and facilitate them with a solution that not only satisfies the demanding urge of the business community but also advances technological support while enhancing the user experience too. As a final hammer to technological excellence in the logistics space, businesses have ushered with ERP platform enabling quick and easy operations.

Today, cloud-based systems are integrating the Air Logistics industry while facilitating a seamless experience. One such logistics company driving the … Read more