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Enova International has reset the revolving receivables facility funding its Headway Capital small-business lending portfolio at US$535m, reducing commitments by US$86.2m while extending the structure’s revolving period to March 2028 and final maturity to March 2029. The amended HWC Receivables...
#Enova International#Headway Capital#HWC Receivables 2023
Metro Bank increased its commercial lending book by 30% year on year to £4.02bn after providing £1bn of new gross…
#balance-sheet rotation#business finance#commercial lending
Barclays, HSBC and Santander have been challenged to invest a combined £30m in community lenders that provide finance to small…
#Barclays#CDFIs#community finance
Digital trade finance provider Drip Capital has surpassed $9bn in cumulative MSME cross-border trade finance transactions, highlighting continued growth in…
#cross-border trade#Drip Capital#fintech
SME lending platforms are accelerating the shift toward API-driven lending models, as brokers and fintechs increasingly integrate directly with funding…
#API#digital lending#embedded finance
Lovey has integrated Funding Circle’s lending API into its platform, in a move aimed at reducing friction in SME finance…
#API#embedded finance#fintech
Independent SME lender, Time Finance, has appointed Ria Seward as a Relationship Manager within its Invoice Finance division. Ria joins…
#invoice finance#SME lending#Time Finance
The UK development finance institution British International Investment (BII) has committed a US$25m senior loan to Rawbank, the largest commercial…
#SME lending
ART Business Loans has secured £7m in new funding from the British Business Bank to increase lending to smaller businesses…
FundingSearch.com is providing commercial lenders and brokers with direct access to loan applications backed by live, verified financial data from…
Allica Bank (Allica) has successfully gone live on Lendscape’s industry-leading lending platform, marking a major milestone in its digital transformation…
Love Finance, the UK’s fastest-growing SME lender and broker, has partnered with iwoca, one of Europe’s leading SME lenders, to make…
In this exclusive BCR webcast, Professor Michael Mainelli KStJ OMRI FCCA FCSI(Hon) FBCS, Chairman of Z/Yen Group, President of the…
#Chamber of Commerce & Industry#Michael Mainelli#SME funding gap