1pm gets go-ahead to expand CBILS lending
28th Oct 2020 11:07
(Sharecast News) - Specialist finance provider 1pm has received accreditation from British Business Bank to expand its lending under the UK government's Coronavirus Business Interruption Loan Scheme (CBILS), it announced on Wednesday, to support credit-worthy UK businesses.
Read more1pm profits hit by 'significant' Covid-19 interruption
23rd Jun 2020 08:14
(Sharecast News) - Finance provider 1pm full-year revenues and profits were set to slide despite having turned in a "satisfactory" trading performance for the year ended 31 May amid significant interruption to normal activities on the back of the Covid-19 pandemic.
Read more1pm receives CBIL lender accreditation
5th May 2020 09:52
(Sharecast News) - Business finance provider 1pm received accreditation as a lending partner under Downing Street's Coronavirus Business Interruption Loan Scheme on Tuesday.
Read more1PM awaits more clarity on Covid-19 impact before deciding on dividend
26th Mar 2020 14:18
(Sharecast News) - 1PM, a specialist provider of finance facilities to UK SMEs, said on Thursday that it will defer a decision on its final dividend until the market situation and effects of the coronavirus outbreak are clearer.
Read moreFinance provider 1pm increases finance facility with NatWest
19th Feb 2020 15:18
(Sharecast News) - Specialist financial provider 1pm has further increased its back-to-back invoice finance funding facility with NatWest by an additional ?5m, it announced on Wednesday, to ?42m.
Read moreRevenue and earnings fall as 1pm talks up its 'resilience'
15th Jan 2020 09:13
(Sharecast News) - Specialist finance provider 1pm announced its interim results on Wednesday, reporting a 7% improvement in deal origination to £87.8m, 65% of which was brokered to other lenders for commissions, up from 60% year-on-year.
Read moreSME borrowers to benefit from new and extended facilities, 1pm says
26th Nov 2019 14:11
(Sharecast News) - Independent specialist finance provider 1pm has secured new and extended facilities to provide further funding for UK small to medium enterprises (SMEs), it announced on Tuesday.
Read more1PM's shares dive as business warns of 'investment and consolidation'
25th Jun 2019 08:38
(Sharecast News) - 1PM's shares plummeted on Tuesday after the SME finance provider said it expects its current financial year to be "one of investment and consolidation".
Read morePositive Cashflow achieves 1pm's earn-out targets a year early
18th Jun 2019 09:54
(Sharecast News) - Specialty finance provider 1pm announced on Tuesday that its wholly-owned subsidiary undertaking, Positive Cashflow Finance - which provides invoice finance facilities for UK small-to-medium enterprises - has reported profits in excess of the earn-out targets set at the time it was acquired in July 2017.
Read moreFurther growth in first four months at 1pm
25th Oct 2018 14:45
(Sharecast News) - Shareholders of specialist finance provider 1pm were told how trading in the first four months of the current financial year showed further growth over the same period last year, as they gathered for the annual general meeting on Thursday.
Read moreFocus on organic growth pays off again for 1pm
12th Sep 2018 10:05
(Sharecast News) - Independent specialist finance facilities provider 1pm announced its final results for the year ended 31 May on Wednesday, saying they reflected "strong" organic growth in revenue and profits, and further strategic growth from acquisitions during the year.
Read more1PM sees FY adjusted pre-tax profit materially above market views
8th Jul 2016 12:45
(ShareCast News) - Independent specialist finance provider 1PM says its group full-year adjusted pre-tax profit will be materially above current market views. "The trading results for the year ended 31 May 2016 will show strong growth in revenue and profits compared with the prior year," said the co
Read more1PM CFO Helen Walker to step down
22nd Jun 2016 12:35
(ShareCast News) - AIM-listed specialist provider of finance facilities to the SME sector, 1PM, said its chief financial officer Helen Walker plans to step down at the end of its current financial year ending 31 May 2017. "Helen's service agreement has previously been based on an arrangement of four
Read more1pm acquires vehicle lease book for £1.6m
5th May 2016 16:44
(ShareCast News) - Independent provider of finance facilities for the small-to-medium enterprise sector, 1pm, announced on Thursday that it has acquired a book of receivables for £1.6m cash on completion through its wholly-owned subsidiary Academy Leasing. The AIM-traded company said the book compri
Read more1PM prepares market for positive interim results
18th Dec 2015 16:19
(ShareCast News) - A newly-expanded 1PM greased the market on Friday, to prepare it for positive interim results come January. The AIM-listed specialist finance provider updated the market ahead of the publication of its interim results for the six months to 30 November, which were due to be release
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