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Tag: clbils

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...

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Inchcape continues restructure plan after £188m H1 2020 loss

Inchcape is driving forward plans for a restructure to be completed by Q1 next year after reporting a 36% decline in overall revenues...

Newly Approved Lenders Under British Business Bank Coronavirus Loan Schemes Include Multiple Fintechs

The British Business Bank has announced six newly approved lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), three new lenders...

HM Treasury: £40+ Billion Provided to Over 970K UK Businesses by COVID-19 Support Schemes

HM Treasury’s weekly update on the COVID-19 business support schemes indicates that lenders, both traditional banks and Fintechs, have provided a growing amount...

SME banking in times of uncertainty (Laura Francis)

How Covid has accelerated the Fintech/Bank collaboration model to become the new normal  In these uncertain times, it is no secret that SMEs are...

British Business Bank appoints interim CEO, accredits 10 more firms

British Business Bank (BBB), the state-owned bank responsible for accrediting lenders to issue coronavirus business loans, has appointed an interim CEO. Catherine Lewis La...

Over £27 Billion Provided by CBILS, CLBILS and Bounce Back Loans

Each week, HM Treasury publishes updates on approved lending under three COVID-19 related support schemes. This week HM Treasury said £12.47 billion has...

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