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sme finance

New funding to boost CDFIs and UK SME lending

The British Business Bank, Responsible Finance, and JPMorganChase have announced initiatives to address the finance gap for small businesses in the UK. The British Business Bank’s Community ENABLE Funding programme, supported by the Department for Business and Trade, will unlock...

#British Business Bank#JPMorgan#Responsible Finance

PragmaGO acquires Romanian fintech Telecredit for €5.8M

Enterprise Investors-backed Polish fintech PragmaGO, one of Poland's largest non-banking financial institutions serving small and medium-sized enterprises (SMEs), has acquired…

#aquasition#factoring#fintech


BofA and AfDB sign agreement of €50m to support...

The African Development Bank (AfDB) and Bank of Africa SA (BofA) have signed a risk-sharing agreement of €50m to strengthen…

#AfDB#African Development Bank#African trade


Aldermore provides ABL support for Astwood Group’s acquisition of...

Aldermore Bank has provided a multi-million-pound asset-based lending (ABL) facility to Michael Capewell’s Astwood Group, enabling the acquisition of T.D.…

#ABL#Aldermore#sme finance


iwoca achieves LSB business standards registration

Recognition for iwoca’s commitment to SME lending The Lending Standards Board (LSB) announced that iwoca, one of Europe’s largest SME…

#iwoca#sme finance


IFC invests US$50m in City Bank to support SME...

IFC, a member of the World Bank Group, is investing US$50m in City Bank PLC to help SMEs in Bangladesh…

#City Bank#IFC#Mashrur Arefin


IFC invests in Nexxus to expand access to finance...

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a US$30m anchor investment in Nexxus…

#financing gap#IFC#sme finance


YouLend data shows UK SMEs turn to embedded financing

YouLend, the leading global embedded financing platform, reports today that a growing number of UK SMEs are turning to embedded…

#embedded financing#integrated financing solutions#sme finance


EDB and Ajman Bank renew partnership to enhance SME...

Emirates Development Bank ("EDB" or "the Bank"), the key financial engine of UAE economic development and industrial advancement, and Ajman…

#Ajman Bank#EDB#sme finance


Tarabut and Geidea partner to explore innovative SME financing...

Tarabut, the MENA region’s leading, regulated open banking platform, and Geidea, Saudi Arabia’s leading payments solutions provider, have entered a…

#alternative finance#Geidea#sme finance


Maybank Cambodia unveils SME Export Finance Solution

Maybank Cambodia, in collaboration with USAID's Feed the Future Cambodia Harvest III and the Credit Guarantee Corporation of Cambodia (CGCC),…

#CGCC#export finance#Maybank


EBRD lends €13m to ProCredit Bank in Kosovo

EBRD is providing funding to ProCredit Bank Kosovo for two projects, with financing totalling €13m: A senior loan of up…

#EBRD#ProCredit Bank Kosovo#sme finance

Reward Funding hits £300m lending milestone

Reward Funding, the original leader in the alternative finance industry, has surpassed a £300m loan book milestone for the first…

#alternative finance#milestone#Reward Funding

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