Archive for March 2023
Interest Rate Hiked Again : Little Relief for UK SMEs
The interest rate announcement from the Bank of England March 22nd has done nothing to boost the optimism of UK business owners. On the back of a higher than expected CPI inflation rate of 10.4% in February, the quarter point hike last week wasn’t surprising but it was disappointing and given the mixed bag that…
Read MoreSallyport UK Welcomes First Client with £500,000 for Healthcare Services
Sallyport are delighted to welcome on board our first UK client with a £500,000 factoring facility for a healthcare services business providing ‘at-home’ care to clients. The client was referred to us through a finance industry broker and these crucial funds will enable them to meet the growing demand for their services; something which had…
Read MoreSetting up a new business in the UK
As any business owner knows only too well, setting up a new business is an exciting but also a daunting prospect. We at Sallyport Commercial Finance launched our new business in Glasgow in February and this blog highlights what we have learned. We hope this is useful for others considering launching a new business. The…
Read More