Recognise Bank announces new Head of Credit
Gavin Keyte joins from Allica Bank as Recognise ramps up lending plans following its latest capital raise Gavin Keyte has been appointed Head of Credit at Recognise Bank, the new SME bank and business lender. He joins from Allica Bank, where he was Head of Credit, and brings with him experience gained from 28 years […]
Business confidence stays strong, but SMEs remain worried about the impact of COVID
Business confidence among Britain’s smaller companies remains strong with almost eight out of ten (78%) SMEs saying they are confident of a boost in trade over the coming three months now that most COVID restrictions have been lifted. However, research by Recognise Bank also reveals that a significant number of SMEs are still concerned about […]
Post-COVID business confidence remains strong as SMEs consider their options for future funding
Business confidence remains high among the UK’s SMEs as they continue to recover from the impact of COVID, according to new research by Recognise Bank. Almost eight out of ten (78%) of all respondents said they were either ‘confident’ or ‘very confident’ their business would experience a boost in trade over the next three months […]
SMEs need expert help with their borrowing needs more than ever
In our recent SME Survey we found that a majority of firms say their existing business bank can’t always support their borrowing needs If you’re a small business owner it’s likely that you are highly skilled in the industry that you operate in, be it manufacturing, retail, transport or any of the hundreds of sectors […]
Successful Capital Raise Marks Major Milestone for Recognise Bank
New SME bank, Recognise Bank, today announced a successful £14 million capital raise, including fresh investment from one of its existing shareholders. The capital raise means Recognise Bank has met the capital requirements set by the PRA (Prudential Regulation Authority), clearing the way for the removal of deposit-taking restrictions. Once the PRA removes these restrictions, […]
Recognise Bank adds further BDM to North West and Yorkshire team
The team, based at the bank’s Manchester hub, will support local SMEs with their lending needs. Recognise Bank is continuing to develop its regional offering in the North West and Yorkshire with the appointment of a new Business Development Manager, Paul Bagan, who joins the business with immediate effect. Paul joins Recognise Bank with 16 […]
How we create the perfect Deal Team
The Deal Team is just one of the advances Recognise has implemented to improve the service we offer UK SMEs If you ask any SME or broker what is most important to them when applying for a business loan, good communication and speed of decision will usually top the list. Cost of funding is of […]
Recognise supports Professional Practice and Healthcare sectors with new hires
New sector specialists will target SMEs including architects, law firms, pharmacies and dentists. Recognise Bank has signalled its intention to provide the best lending support to the UK’s small and medium sized businesses by appointing two new industry sector specialists to lead the propositions. Robert Hulse joins Recognise from Shire Professional Funding as Head of […]
Recognise bolsters presence in the North West
Recognise hires three new Business Development Managers in the region to support local SMEs with their lending needs Recognise Bank is reinforcing its presence in the North West with the appointment of three new Business Development Managers in the region. The move cements the importance of the North to the SME lender, which only opened […]
Recognise expands its team to support growth plans
Three new Business Development Managers have joined Recognise to focus on London and the Midlands. SME lender Recognise Bank has appointed three new Business Development Managers as it seeks to meet its ambitious growth plans across the UK. With a network of regional hubs offering personal service to smaller businesses and brokers, the new joiners […]
