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Europe’s mid-sized businesses mostly weathered COVID-19 storm

Although the final restrictions of the COVID-19 pandemic have almost been lifted, its effect continues to mark the UK SME landscape.

The post Europe’s mid-sized businesses mostly weathered COVID-19 storm appeared first on LendIt Fintech News.

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Capify Survey Reveals that 70% of UK SMEs are Bouncing Back after COVID-19 related Challenges

Over 70% of UK SMEs claim that they’re beginning to bounce back following the COVID-19 outbreak, according to a survey performed by Capify,...

UK’s Digital Bank Starling Now Claims 2.4M Open Accts, 400K Business Accts, £4B in Deposits

UK-based digital bank Starling notes that as the summer months are ending, they’ve shared some of their recent highlights. Starling now has over...

Conister Approved by British Business Bank to Offer Recovery Loan Scheme

Conister Finance & Leasing has been approved as a British Business Bank accredited lender for the UK Government’s Recovery Loan Scheme (RLS). Conister...

Ovintiv Reports Second Quarter 2021 Financial and Operating Results

Dividend Increased by ~50%, New Debt Target Established Second Quarter Highlights: Generated second quarter cash from operating activities of $750 million, non-GAAP cash flow of...

British Business Bank Posts Data on COVID Relief Loans: £79.3 Billion Distributed

The British Business Bank has published final data on the COVID relief programs that saw £79.3 billion in government-backed loans distributed to 1.67...

Permian Basin Royalty Trust Announces June Cash Distribution

DALLAS, June 17, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution...

UK SME Lender ThinCats Reveals Mid-Sized Firms had Historically Low Insolvency Levels, Also Reports £500M+ Loan Book

ThinCats, a UK-based lending platform, had published a blog post earlier this month asking whether historically low insolvency rates are “disguising the real...

Cross Timbers Royalty Trust Declares May Cash Distribution

DALLAS, May 18, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Cross Timbers Royalty Trust (NYSE:CRT), today declared a cash distribution to the...

MDM PERMIAN, INC. – PERMIAN BASIN FIELD UPDATE

Carrollton, Texas, May 13, 2021 – McapMediaWire – MDM Permian Inc. (OTC Pink: MDMP) Provides Updated information from its field activities in...

Louisiana Wants To Become A Sanctuary State For Fossil Fuels

There’s a small town little ways north of my hometown of Shreveport, LA. This small town is named Oil City, and it was...

Ascent Resources Utica Holdings, LLC Reports First Quarter Operating And Financial Results

OKLAHOMA CITY, May 12, 2021 /PRNewswire/ -- First Quarter Highlights: Averaged net production of approximately 1.8 bcfe per day for the quarter, of which 89%...

Frontera Announces First Quarter 2021 Results

DELIVERED AVERAGE PRODUCTION OF 40,599 BOE/D, IN LINE WITH GUIDANCE RECORDED A NET LOSS OF $14.1 MILLION INCREASED OPERATING EBITDA BY 94% TO $69.2 MILLION...

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