Press Releases

House of Worktops secures commercial mortgage from Allica Bank to buy new £8.5m north London premises as part of a major expansion drive

Bought with a £5m mortgage from business bank Allica, it will allow it to meet increasing demand for its wood worktops and newly-launched wood flooring.

By Allica Bank

2 minute read · 26 April 2023

Allica Bank urges the Bank of England to seize a ‘golden opportunity’ to support the UK’s SME ecosystem

4 minute read · 20 March 2023

Allica Bank doubles down on care home sector with specialist care homes and enhanced elderly care policy

1 minute read · 1 February 2023

Allica Bank extends funding range to include soft assets as it hits £200m of asset finance lending

1 minute read · 25 January 2023

Allica Bank raises £100m Series C in funding round led by TCV, the backers of Netflix, Nubank and Revolut

2 minute read · 5 December 2022

Allica Bank breaks into profitability

Allica hits its target of becoming profitable in 2022 – the bank has been profitable on monthly basis since June 2022.

By Allica Bank

2 minute read · 27 September 2022

Allica Bank targets £500m of committed loan offers between September and year-end

1 minute read · 7 September 2022

Allica Bank successfully completes migration of AIB (GB) SME customers

1 minute read · 9 August 2022

Allica Bank lends £1 billion to Britain’s SMEs

2 minute read · 6 July 2022

Allica Bank slashes commercial mortgage rates to challenge high street and introduces energy efficiency incentive

2 minute read · 30 June 2022