Recognise Bank Facilitates £7.5 Million Bridging Loan for Innovative Canary Wharf Co-Living Project
Recognise Bank is thrilled to announce the approval of a Bridging Loan amounting to £7,500,000. The loan has been extended to support the costs associated with a visionary project following the signing of a long leasehold agreement. Currently, the site in Canary Wharf comprises a vacant office block, with plans in place for its demolition […]
A Vibrant Start to 2024 at Recognise Bank
As we enter into a new year, Recognise Bank is proud to share some exciting news that sets the tone for a year filled with continued dedication to our valued customers. We’ve won: Best Monthly Interest Savings Provider at the 2024 Moneynet Personal Finance Awards We are thrilled to announce that Recognise Bank has been […]
Personal savers advised to capitalise on high interest rates: should SMEs follow?
As interest rates are expected to decline, personal savers have been advised to capitalise on the remaining high rates. Which begs the question: is it now time for the population of UK small businesses to follow suit? Recognise Bank, a digital challenger bank, has consistently responded to interest rate changes over the past six months […]
Mental Health in SMEs Report
The last couple of years have posed challenges for businesses, and while we often see the statistics around the demise of the high street or how certain industries are struggling to survive, very little is mentioned around the people behind those businesses. The business owners who not only have their business to keep afloat, but […]
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 […]