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Tag: coronavirus business interruption loan scheme

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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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...

European Fintech iwoca Reveals that 1 in 3 Brokers Now See Growing Demand for Unsecured Finance

The iwoca SME Expert Index reveals that 1 in 3 brokers “see rising demand for unsecured finance.” As noted in an update shared with...

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...

White Oak Facilitates £400 Million Under Corona Loan scheme to UK small businesses

London-based digital lender White Oak has facilitated loans worth £400 million to SMEs impacted by the pandemic under the Coronavirus Business Interruption Loan...

AE Aerospace to create new jobs following £400k loan

AE Aerospace management team; (L-R) Peter Bruch, managing director; Kimberley Orme, financial controller; Andy Masters, technical director;...

Funding Circle Receives Recovery Loan Scheme Accreditation

Funding Circle (LSE: FCH), an SME lender that facilitates loans in both the U.S. and parts of Europe, recently announced it received...

Funding Circle and Atom form £300m SME lending partnership

Funding Circle, the UK’s largest small business loan platform, and Atom, the UK’s first app-based bank, today announce a lending partnership that...

UK’s Digital Banking Unicorn Starling May Acquire Another Lender, CEO Anne Boden Reveals During UK Fintech Week

UK-based digital banking challenger Starling‘s CEO Anne Boden has revealed that the Fintech Unicorn is now well-positioned to acquire another lender. Boden also...

Two thirds of small businesses predict return to business as usual in 2021

Tide, the UK’s leading business financial platform, has today revealed there is real optimism amongst small businesses owners that their businesses will return...

Atom signs Open Banking deal with Plaid

Atom Bank has signed a deal with Plaid to introduce Open Banking and payment initiation services to small business customers. The...

UK Extends Coronavirus Support Programs for Businesses

In a statement today, the UK Chancellor of the Exchequer Rishi Sunak announced an extension of Coronavirus programs that support impacted businesses. The...

The rising importance of fintech innovation in the new age

The rise of fintech has opened an array of opportunities for smart cities to develop and thrive. Its importance has actually increased in...

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