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Friday, September 22, 2023

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EXCLUSIVE: "Looking for the..." - Freddie Lower, Cazenove Capital in 'The Fintech Magazine'

Freddie Lower from Cazenove Capital holds founders’ hands as they head to the door. So, […]

Fintech leaders call for government-discounted green loans to accelerate UK SME drive to Net Zero

With environmental summit COP26 opening in Glasgow on 31 October, a group of financial services […]

MarketFinance in pole position as it raises £280m and is approved for Recovery Loan Scheme lending

Fintech business lender MarketFinance has today announced a £280m debt and equity fundraise and its accreditation under […]

Challenger bank lending jumps by more than £14bn to record £143bn during Covid

Lending by UK challenger banks reached a record high of £143bn last year, up 11% […]

Atom Bank’s Annual Report Shows Strong Progress Since March 2020

Atom bank, the North East fintech, has reported strong progress in its latest annual report, narrowing its […]

Atom Hits Business Lending Target Early, Paving the Way to Profitability

Atom bank, the UK’s first app-only bank, has seen overwhelming interest for its CBILS-backed secured […]

Fintech MarketFinance banks cash for CBILS demand

Fintech business lender MarketFinance has secured an additional £50m from one of Israel’s largest asset managers, Viola […]

Supporting SMEs during the pandemic: How fintech lenders can lead the charge

Chirag Shah, CEO, Nucleus Commercial Finance As the economy begins to reopen after months of […]

Accountants say CBILS processes ‘take too long’, with worrying consequences for businesses

A survey from Capitalise.com, the adviser-led funding platform, has found that half (50%) of accountants feel that the Coronavirus Business Interruption Loan Scheme (CBILS) application process and the time it takes to get a response is too long

Quotevine helps brokers give SMEs faster access to vital COVID-19 recovery finance - with new Quickstart initiative

Quotevine is today announcing the launch of its new Quickstart asset finance broker package, developed […]

MarketFinance opens CBILS lending for SMES

Businesses will be able to apply for loans and invoice finance, both accredited under CBILS from as little as 1.92% APR

New lenders accredited to British Business Bank Coronavirus business loan schemes

Today the British Business Bank has announced that it has approved two new lenders for accreditation to offer COVID-19 business loans to small businesses across the UK.

Despite the ongoing impact of COVID-19, OakNorth Bank continues to see strong lending opportunities, approving £50m in new loans since lockdown began and £36m in CBILS loans

Since the UK went into lockdown, OakNorth Bank has approved £50m in new loans to fund a hotel refurbishment, an acquisition of 131 retirement units across the UK, and a fund buy-out. In addition to this, OakNorth Bank has approved over £36m of loans through the government’s Coronavirus Business Interruption Loan Scheme (CBILS) since being onboarded to it two weeks ago.

Fintech MarketFinance approved as CBILS lender to support UK businesses

Fintech business lender MarketFinance has today been accredited by the British Business Bank as a lender under the government-backed Coronavirus Business Interruption Loan Scheme (CBILS).

How Hitachi Capital used remote Identity Verification from Nomidio to support access to the Coronavirus Business Interruption Loan Scheme

As one of the UK’s leading business finance providers and a key partner in the UK Government’s Coronavirus Business Interruption Loan Scheme (CBILS), Hitachi Capital needed to ensure its customers could successfully apply for loans remotely, quickly and easily to help get much needed financial support to UK businesses.

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