Another Record Month for Recognise: £27m in Bridging Lending Completed in August alone and 100% satisfaction rating
Recognise Bank has announced yet another strong month, with £27 million lent via bridging loans alone. The London-based bank has not only achieved remarkable lending success but is also proud to share a flawless 100% broker satisfaction rate*, along with a Net Promoter Score (NPS) of 84 according to this year’s post-completion surveys. Recognise proved […]
Recognise Bank Backs Darenth River Ballast Co. Ltd. with £5M Loan for Innovative Waste Station
Recognise Bank is proud to announce its successful provision of a £5 million bridging loan to Darenth River Ballast Company Ltd. This strategic financing will play a pivotal role in supporting the establishment of an advanced waste transfer station, showcasing Recognise Bank’s commitment to driving sustainable solutions for modern challenges. Darenth River Ballast Company Ltd, […]
Recognise Bank Unveils Two New Notice Business Savings Accounts with Highly Competitive Rates
Recognise Bank is thrilled to announce the launch of two new business savings accounts, offering highly competitive interest rates to help SMEs grow and manage their finances effectively. The 7 Day and 35 Day Notice accounts provide better interest rates than their Easy Access counterparts, whilst enabling businesses to access their funds with relative speed, […]
Recognise Bank Launches New Professional-buy-to-Let Discounted Tracker Products
Recognise Bank, a leading provider of financial solutions for SMEs, is proud to announce the launch of two professional-buy-to-let (PBTL) discounted tracker products to complement its existing 2 and 3-year fixed rates. The introduction of these new products demonstrates Recognise Bank’s commitment to offering competitive and flexible lending options to its valued customers. The two-year […]
Recognise Bank Unveils New Savings Accounts to Empower Personal and Business Customers’ Financial Growth
Recognise Bank, a fully licensed London-based digital bank, continues to demonstrate its commitment to providing innovative and customer-centric savings solutions with the launch of two exciting new products: the 5 Year Fixed Rate Personal Savings Account and the 6 Month Fixed Rate Business Savings Account. Recognise Bank is dedicated to empowering both personal and business […]
Recognise Bank Achieves Record Bridging Loan Volumes
Recognise Bank, a top financial solutions provider for SMEs, is excited to announce its record-breaking performance in bridging loan volumes for the first financial quarter, ending 30th June. With over £40 million in total value, this accomplishment showcases the bank’s expanding presence in the market and dedication to enhancing its bridging loan offerings. The completion […]
Recognise Bank wins Best Digital SME Lending Bank UK 2023 by CFI.co
Recognise Bank challenges the status quo with a tech-enabled offering of flexible financing and competitive savings solutions. The bank’s entrepreneurial founders understand the needs of modern SMEs — needs that are often left wanting by the outdated tech infrastructure of traditional business banking. Recognise Bank markets itself as an agile and responsive alternative to big-bank […]
Recognise Bank turns around £5.2m bridge loan in just 11 days on a retail shopping centre
SME specialist Recognise Bank has provided a quick £5.2m bridging loan facility to refinance a shopping centre in Worthing, West Sussex, and assist the purchase of two further shopping centres. The nine-month 68% LTV loan to property developer Cayuga Developments Ltd was turned around in only eleven days in order to avoid losing the opportunity. […]
Recognise Bank Launches two new fixed term savings accounts and increases rate on three years fixed to 5.85% AER
Innovative digital bank, Recognise, continues to support its personal savings customers by launching two new fixed term savings accounts, as well as increasing rates on its newly launched three-year fixed term account to 5.85% AER, making it one of the best on the market. The two new fixed term accounts for 18 or 24 months […]
Recognise Bank continues to support SMEs with launch of new fixed term savings account for businesses
Innovative digital SME bank, Recognise, announces the launch of a new fixed term savings accounts for businesses with a fixed rate of 4.50% AER. The 12-month fixed term business savings account launched today has an interest rate of 4.50% AER, which is comparable with rates given to personal savers. Recognise offers a range of savings […]