Quadrin are a valued partner to many Investment Banking and Private Equity clients when they are investing and lending into the bridging sector, with the broadest network of relationships in the market. Our Head of Business Development, Gus Pastras, spoke to Bridging Loan Directory about what makes the sector unique, and how Quadrin are at the…
BNPL lender Zilch has started reporting its 3 million customers’ borrowing data to UK credit bureaus, in a way that will impact credit scores of up to 3 million customers. Until now Zilch has had partnerships with individual credit bureaus like Experian, but has only used this data as part of its affordability assessments to perform “soft” credit checks…
An independent strategic review of UK financial technology (FinTech) has been published in line with the emerging prominence of this sector and the UK’s highly regarded fintech reputation. Also known as ‘The Kalifa Review’, its purpose is to aid the adoption and growth of Fintech in the UK. The review illustrates a strategy and delivery…
Buy now Pay later (‘BNPL’) providers like Klarna and Clearpay allow customers to purchase goods in a series of instalments, without the fear of crippling interest rates or a late payment fee. Yet, the appeal of such an offer can often mask the reality that it is in fact, a form of credit. An unintended…
The second national lockdown in England, currently running until 2nd December, is likely to keep lenders’ attention focused on assisting their struggling customers. With the announcement from the government that economic support will continue and mortgage holidays will be extended, lenders across the country are likely to be using their resources and staff to keep…
Forecasts have suggested that consumer borrowing from UK banks is set to plummet at the fastest rate on record this year, thanks to the recession caused by the coronavirus pandemic. The pandemic has seen a major change in how banks operate and their lending patterns. Whilst lending to businesses continues to increase thanks to lockdown…