Orchard Funding shares fall on 'instance of fraud'
1st Mar 2024 11:03
(Sharecast News) - Finance group Orchard Funding warned on Friday that it had "suffered an instance of fraud", arising from dealings with a fraudulent introducer.
Read moreOrchard Funding warns of impact of GAP product withdrawals
2nd Feb 2024 16:46
(Sharecast News) - Insurance premium financing specialist Orchard Funding Group updated the market on the guaranteed asset protection (GAP) insurance market on Friday, after a review by the Financial Conduct Authority (FCA).
Read moreOrchard Funding H1 trading exceeds expectations
18th Mar 2022 08:43
(Sharecast News) - Finance group Orchard Funding said on Friday that its interim trading performance had exceeded internal expectations, with demand for funding rising on average across most lending lines.
Read moreCovid-19 sees Orchard Funding cancel banking licence application
19th Oct 2020 14:04
(Sharecast News) - Insurance premium and professions funding specialist Orchard Funding Group announced it was cancelling its application for a banking licence on Monday.
Read moreOrchard Funding sees new lending fall amid Covid-19
10th Jun 2020 09:30
(Sharecast News) - Finance company Orchard Funding said on Wednesday that while the Covid-19 pandemic has "significantly impacted" lending markets, it had not seen a material hit to its existing book.
Read moreOrchard Funding trading 'sound', restarts banking licence application
21st Aug 2019 08:09
(Sharecast News) - Insurance premium finance provider Orchard Funding said in a trading update on Wednesday that its performance in the year to the end of July was "sound", with lending and revenue numbers all expected to be higher than 2018.
Read moreWednesday broker round-up
24th Apr 2019 12:44
(Sharecast News) - Saga: JP Morgan upgrades to neutral with a target price of 80p.
Read moreOrchard Funding expecting 'significantly higher' year-end numbers
29th Aug 2018 10:28
(Sharecast News) - Specialist finance company Orchard Funding Group updated the market on its trading for the year ended 31 July on Wednesday, reporting that lending, revenue and profit before tax numbers were all expected to be "significantly higher" than 2017.
Read moreOrchard Funding falls below IPO price after regulatory delays, hiring hitch
12th Jul 2016 12:12
(ShareCast News) - Insurance premium financing specialist Orchard Funding warned that it had found it difficult to grow lending due to "significant" regulatory delays stemming the flow of new insurance broker customers into the market and the slow process of recruiting suitable senior salespeople. S
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