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Business Secretary Grant Shapps has been asked to improve lending for SMEs in an open letter co-signed by the FSB (Federation of Small Businesses) and UK fintechs including Codat, Atom Bank, Funding Circle, Iwoca, Allica Bank, SPRK Capital, Recognise Bank,...
#FSB#Martin McTague#SME lending
Ambit Finvest Pvt. Ltd. (Ambit Finvest), the Non-Banking Financial Company (NBFC) of the Ambit Group, has announced the acquisition of…
#artificial intelligence#platforms#SME lending
Allianz’s recently launched Buy Now, Pay Later product provides instant decisions for extended payment terms and is aimed at the…
#Allianz#e-commerce#payment terms
Virgin Money has been accredited under UK Export Finance’s (UKEF) General Export Facility programme, allowing more businesses to access export…
#export finance#SME lending#UKEF
Nigeria’s credit-led SME fintech has announced the proposed acquisition of Maritime Microfinance Bank (MFB), a financial institution specialising in saving…
#SME lending
There’s been a dramatic drop in the number of businesses reporting cashflow issues... (more…)
#ScotPac#SME lending
It is imperative that all of us in the global factoring and receivables... (more…)
#Amazon#bank#management
Permanent TSB (PTSB) is moving deeper into SME banking by forming a novel partnership with... (more…)
#bank#invoice#SME lending
Loans underwritten by the Government’s €2bn Covid-19 Credit Guarantee Scheme are likely to dominate... (more…)
Specialist asset-based lender Ultimate Finance provided in excess of ... (more…)
#international#invoice#SME lending
Bahrain-based Arab Banking Corporation (Bank ABC), a leading financial institution in the Middle East, said that it has entered into…
#bank#international#management
Gross lending to SMEs in the first three quarters of 2020 was more than... (more…)
Digital bank OakNorth and alternative lender Ultimate Finance have closed... (more…)
#bank#CBILS#Coronavirus