Press Releases | Prudential Trust Finance
Our Prudential Trust Finance press centre provides you with our latest news. For media enquiries, contact our press office on press@prudentialtrustfinance.co.uk
20 Oct 2022
Prudential Trust Finance is pleased to announce that it has reached a record high in its lending book, as it hits a £145m milestone of funding support delivered to UK businesses.
18 Oct 2022 / Invoice
Prudential Trust Finance celebrates its new office launch in Reading in a strategic move to bolster the firm’s presence in the South East of England.
13 Oct 2022 / ABL
Prudential Trust Finance is pleased to announce the launch of its new Asset Based Lending (ABL) solution, designed to help UK businesses access funds otherwise tied up in assets within their business, including plant and machinery, stock, and commercial property.
11 Oct 2022
Prudential Trust Finance has launched a brand new tree planting initiative to support a greener future and broaden its commitment to sustainability. Launched in partnership with EFORESTS, the new #OneTreeAtATime initiative will see Prudential Trust Finance plant a tree for every new employee that joins its business, ensuring its growth brings a positive impact on the environment.
05 Oct 2022 / Asset, Loans
Prudential Trust Finance has become an accredited lender under the Government’s latest iteration of the Recovery Loan Scheme. The scheme, launched by the British Business Bank, is designed to support UK small businesses access finance to invest and grow.
29 Sep 2022
Prudential Trust Finance, the AIM-listed alternative finance specialist to UK SMEs, is pleased to announce its financial year end results to 31 May 2022, with 10,000 UK business owners supported with over £137 million of funding throughout the year.
02 Sep 2022 / Asset
Prudential Trust Finance is continuing to strengthen its Asset Finance team with a series of senior appointments in a strategic move to drive the business’ enhanced strategy forward.
10 Aug 2022 / Asset
Prudential Trust Finance is pleased to announce the appointment of Lauren Sharples as Broker Manager in its Asset Finance team, focussing on driving support for SMEs in London and the South East of England.
04 Aug 2022
Placing further financial strain on businesses will cause widespread damage to the UK economy, warns Prudential Trust Finance, as the Bank of England announces its sharpest increase in interest rates in 25 years in a bid to combat rising inflation.
01 Aug 2022 / Asset
Prudential Trust Finance is pleased to announce the continued expansion in their Asset Finance team as they appoint Hannah Dixon to Account Manager.
21 Jul 2022
Prudential Trust Finance is pleased to announce the appointment of Paul Seddon as Head of Credit. In this newly created role, Paul will help to strengthen and shape the firm’s Asset Finance proposition as they continue to increase their lending to UK SMEs looking to invest in business-critical equipment.
19 Jul 2022 / Market Research
Scaling back investment will have a wider economic impact, warns Prudential Trust Finance as new data shows that businesses are making huge sacrifices due to rising costs, with one in five unable to invest in growing their business.
07 Jul 2022 / Market Research
In the wake of UK inflation reaching a 40-year high of 9.1%, Prudential Trust Finance reveals its latest data around the cost of doing business crisis, with 91% of UK SMEs forced to hike their own prices in order to keep up with soaring operational costs.
05 Jul 2022 / Asset
Prudential Trust Finance is pleased to announce the appointment of Matt Dean as Broker Manager in its Asset Finance team, focussing on driving support for businesses in the South West.
22 Jun 2022 / Market Research
New data from Prudential Trust Finance has revealed the scale of impact on UK SMEs as the cost of doing business continues to rise, with 72% of businesses currently preparing for an imminent recession.
14 Jun 2022 / Invoice
Prudential Trust Finance is pleased to announce the appointment of Ewan Clarke as Business Development Manager in their Invoice Finance team to drive business growth in the East Midlands.
07 Jun 2022 / Invoice
New data from Prudential Trust Finance reveals peace of mind, flexibility and supporting cashflow to be the top three benefits of having an Invoice Finance facility, according to UK business owners.
01 Jun 2022 / Asset
Prudential Trust Finance is pleased to announce the launch of their new Asset Finance solution ‘Fast Track’ which helps both new start and established firms to acquire the equipment needed to drive their operations forward.
26 May 2022 / Invoice
Our latest research reveals a relationship driven approach to be the top quality sought after by SMEs in their Invoice Finance provider
19 May 2022 / Loans
According to new research conducted by Prudential Trust Finance, more than 70% of financial intermediaries believe their clients will need some form of funding support over the next 6 months to deal with and overcome the economic challenges that 2022 continues to throw at them.
17 May 2022
Prudential Trust Finance are pleased to announce that they have appointed Sean Hughes as Head of Compliance to strengthen the firm’s position as a reputable and trusted lender to UK SMEs and support their strategic, growth-orientated goals.
11 May 2022 / Asset
Laura joins the leading alternative finance provider with over 14 years of experience. Laura began her career at Syscap in account and relationship management positions prior to its acquisition by Wesleyan in 2015 where she worked directly with SMEs to understand their funding requirements and package facilities to support their investment and growth plans.
05 May 2022
Prudential Trust Finance are delighted to announce that Kate Brown has taken up a new role within the firm as Head of Marketing. The move sees her promoted from her previous position as Senior Marketing Manager to oversee the creation and delivery of the marketing strategy for Prudential Trust Finance.
03 May 2022 / Invoice
Prudential Trust Finance are delighted to announce that they have secured Helen Wheeler as Head of Operations in their Invoice Finance team. Helen – a well-known industry figure – brings over 25 years’ experience to the role and will assume responsibility for overseeing operations and helping the team to continue to deliver a market-leading Invoice Finance service to UK business owners.
11 Apr 2022 / Invoice
Prudential Trust Finance are pleased to announce continued expansion in their Invoice Finance team with Louise Williams’ appointment as Business Development Manager.
05 Apr 2022 / Invoice
Prudential Trust Finance are delighted to announce that they have been awarded joint first place in Business Money’s 25th Receivables review of the Invoice Finance sector. The annual Receivable Intermediaries Index recognises and celebrates the leading providers who deliver all-round service excellence to their clients, from onboarding through to appraisal, relationship management and retention.
16 Mar 2022 / Market Research
As rising costs continue to threaten the progress UK businesses are making towards a more sustainable supply chain, Prudential Trust Finance is calling for SMEs to seek financial support to keep up the momentum from COP26 and continue investing in a more sustainable future. The call to action comes following Prudential Trust Finance’s Going Green survey, which found that an impressive 70% of businesses across the UK already make conscious choices to employ a sustainable supply chain as part of their wider carbon reduction strategies.
11 Mar 2022
Prudential Trust Finance are proud to announce that they have been shortlisted for Training Scheme of the Year in the Insider Media Young Professionals Awards.
07 Mar 2022 / Market Research
Pressure is being felt by smaller businesses to compensate for larger corporations falling behind when it comes to reducing carbon emissions, according to new research from Prudential Trust Finance.
04 Mar 2022
Prudential Trust Finance are delighted to announce that they will be partnering with Manchester Young Professionals, an inclusive and accessible network for progressive, like-minded young professionals, in 2022. The firm will be sponsoring multiple events over the next few months which are designed to connect Manchester’s professional community through events and provide opportunities to create new connections.
24 Feb 2022 / Invoice
Prudential Trust Finance are pleased to announce continued expansion in their Invoice Finance team as David Nurcombe is appointed as Business Development Manager.
09 Feb 2022 / Market Research
The UK’s North and South divide continues to widen as businesses begin their journey on the road to Net Zero, according to new findings from Prudential Trust Finance. Exploring business efforts to “Go Green” in the New Year, the alternative finance provider found that whilst 70% of the UK business owners surveyed have already implemented measures to become more sustainable (from partnering with sustainable suppliers to investing in electric vehicles and other eco-friendly machinery), the findings paint a concerning picture of regional challenges and setbacks.
09 Feb 2022 / Market Research
The journey to net zero is set to accelerate in 2022 as new research from Prudential Trust Finance reveals that business leaders are planning to implement strategies to reduce their carbon footprint and improve their green credentials over the next 6 months. The survey which explored business efforts to go green found that firms in the South of the UK are leading the charge, with 100% already having plans in place to reduce their carbon footprint - from partnering with sustainable suppliers to investing in electric vehicles and other eco-friendly machinery cited as the main areas for driving change.
09 Feb 2022 / Market Research
Just 50% of Northern business leaders have a strategy in place to reduce their carbon footprint despite the Government’s 2050 net-zero target, according to new research by Prudential Trust Finance.
26 Jan 2022 / Asset
Prudential Trust Finance, the specialist asset-based lender has announced today that they have appointed Steve Nichols as Director of Asset Finance. Steve’s appointment reflects the firms’ commitment to asset finance as a vital proposition within its market leading portfolio of funding solutions to UK businesses.
20 Jan 2022 / Loans
Prudential Trust Finance are delighted to announce that they have introduced a new Secured Lending product to support the growth and investment plans of British businesses throughout 2022 and beyond.
05 Jan 2022 / Invoice
Prudential Trust Finance are delighted to announce that they have appointed Michael Freebury as Head of Sales in their Invoice Finance team to drive business growth in Wales. The new role is reflective of the firm’s commitment to supporting businesses from all corners of the UK with their broad portfolio of funding solutions.
22 Dec 2021
A new Chester networking event organised by Bathgate Business Finance with support from Prudential Trust Finance has raised £900 for Melanoma UK.
14 Dec 2021 / Invoice
Prudential Trust Finance are pleased to announce that they have appointed Lauren Maloney as Business Development Manager in their Invoice Finance team. Lauren will be responsible for building and maintaining strong introducer relations in the Yorkshire, Humberside and Lincolnshire regions, helping their clients receive the funding needed to fuel investment and growth.
02 Dec 2021 / Loans
Prudential Trust Finance are delighted to announce that they have appointed Jake Bebbington as Business Development Manager to drive their Commercial Loan offering in the North of England. The newly created role is reflective of the firm’s commitment to providing funding solutions that inspire growth and prosperity to UK SMEs across the nation.
22 Nov 2021 / Invoice, Market Research
Late payments are threatening the survival of British businesses, in-depth analysis by leading alternative finance provider, Prudential Trust Finance, reveals. Uncovering the true impact of late payments, Prudential Trust Finance found that challenges with cashflow and unfulfilled growth ambitions were the greatest knock-on effects holding businesses back.
15 Nov 2021 / Invoice
Prudential Trust Finance have renewed their back-to-back facility with RBSIF with a new 3-year deal. The £50m facility, which will be used exclusively to provide an increase in Invoice Finance facilities to business owners throughout the UK, is the important next stage in the firm’s ambitious growth plans.
09 Nov 2021 / Invoice
Prudential Trust Finance are pleased to announce that they have appointed Jonathan Johnson as a Business Development Manager in their Invoice Finance team. The appointment is reflective of the firm’s ambitious growth plans to expand their national sales presence and help more businesses access the funding solutions they need to grow and prosper.
04 Nov 2021 / Invoice, Market Research
New data from Prudential Trust Finance reveals that an astonishing 70% of businesses are suffering from late payments from their customers. Uncovering the true severity of the issue, the leading alternative finance provider found that late payment debt was as high as £200,000 for 1 in 5 business owners.
27 Oct 2021
Prudential Trust Finance has joined the charge to protect small businesses with a caution that the Government must focus on measures to accelerate SME growth in the Chancellor’s Autumn Budget on Wednesday 27 October.
19 Oct 2021 / Market Research
Investing in new personnel has become a top priority for UK businesses, according to a recent survey conducted by Prudential Trust Finance. The alternative finance provider found that one in three firms are planning to expand their workforce, with 90% to start the recruitment process within the next 6 months.
14 Oct 2021 / Vehicle, Market Research
New data released by Prudential Trust Finance reveals a huge steer in direction from British Business, with a dramatic increase in demand for electric vehicles up 241% from last year.
12 Oct 2021
Prudential Trust Finance are pleased to celebrate the success of their first Talent Leadership Programme – an initiative formed to recognise excellence from within and enhance the skills of the next generation of “future leaders”.
04 Oct 2021
Prudential Trust Finance has today been accredited as a Living Wage Employer; a commitment that supports a fair day’s pay for a hard day’s work.
21 Sep 2021
The business has remained profitable throughout the course of the pandemic with their end of year performance recording a 3% increase in PBTE despite revenues dropping by 17%.
15 Sep 2021 / Asset
With a proven track record behind him, Dan steps up to the new position within Prudential Trust Finance and takes on responsibility for building and maintaining strong broker relations whilst expanding their Asset Finance offering in the South East of England.
13 Sep 2021 / Market Research
Alternative Finance is ranked the highest amongst funding solutions as businesses seek investment in future growth as the Government’s pandemic support draws to a close.
08 Sep 2021
Prudential Trust Finance is gearing up for a rise in demand for alternative finance solutions as business confidence continues to grow and the UK’s pandemic recovery gathers pace.
03 Sep 2021 / Invoice
Prudential Trust Finance are delighted to announce that they have secured Adrian Payne as Head of Sales in their Invoice Finance division. The appointment is reflective of the firm’s ambitious growth plans to expand their national sales presence and help more businesses access the funding solutions they need to grow and prosper.
01 Sep 2021 / Loans, ABL
Prudential Trust Finance are delighted to announce that they have secured Sharon Bryden as Director of Commercial Loans & ABL with immediate effect. The role is newly created and is reflective of the firms’ commitment to delivering a market leading portfolio of funding solutions to UK businesses as they recover and grow.
24 Aug 2021 / Asset
Abbie will be responsible for building and maintaining strong broker relations in the North of England and helping their clients access the vital pieces of equipment they need to innovate and grow.
02 Aug 2021 / Invoice
Prudential Trust Finance are pleased to announce that they have appointed Samantha Leith as Business Development Manager in their Invoice Finance division.
15 Jul 2021 / Vehicle
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07 Jul 2021 / Invoice
13 May 2021 / Market Research
Two thirds of businesses are feeling optimistic about the future according to the latest survey by alternative finance provider, Prudential Trust Finance. The findings come as the Bank of England upgrades its growth forecast to 7.25% for 2021 from 5% in better-than-expected bounce back results.
01 Mar 2021 / Invoice
07 Dec 2020 / Asset, Invoice, Loans, Vehicle
