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The government has overhauled its large business loan scheme to allow viable companies with a turnover of more than £500m to apply for government-backed support. All eligible businesses with a turnover of £45m will be able to access the government’s...
#COVID-19
Innovate Finance’s CEO, Charlotte Crosswell, discusses below about the power of... (more…)
Previse, an invoice finance fintech, announces an USD11m funding round led by... (more…)
#Previse
The British Business Bank (BBB) has approved four new lenders for accreditation under the coronavirus business interruption... (more…)
#bank#fintechs#invoice
Ebury, one of Europe’s largest fintech companies, is launching an initiative to offer financing to SME’s in the UK and…
#Ebury
When the full impact of Coronavirus began to be felt in mid-March the Chancellor announced measures to support... (more…)
#Coronavirus
The Office for National Statistics (ONS) released today the UK trade figures for February... (more…)
#COVID-19#exports#international
ABL platform provider Dancerace launched their ‘f3’ app this week... (more…)
#Dancerace
Corporate LinX is today launching its new ‘Rapide Reverse’ solution targeted specifically at... (more…)
#Corporate Linx
Nearly 20%of all UK firms have less than a month’s cash in reserve, and nearly half will furlough 50% of…
#COVID-19#UK firms
Nucleus Commercial Finance announced the expansion of its Asset Based Lending (ABL) team in... (more…)
#Nucleus Commercial Finance
The prospect of higher SME loan defaults has prompted Fitch Ratings, a provider of global credit ratings, to take “rating…
#bank#Bank of England#invoice
Exports from the UK to these markets totalled GBP499bn ($610bn) last year, accounting for ... (more…)
#UKEF