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SME lending

FSB and UK fintechs call on government to improve...

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 acquires SME Corner business to strengthen digital...

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


Interview with Özlem Özüner, Allianz Trade

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 teams up with UKEF to support SME...

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


Nigerian fintech proposes acquisition to expand SME lending

Nigeria’s credit-led SME fintech has announced the proposed acquisition of Maritime Microfinance Bank (MFB), a financial institution specialising in saving…

#SME lending


Small businesses with no cashflow issues tripled during past...

There’s been a dramatic drop in the number of businesses reporting cashflow issues... (more…)

#ScotPac#SME lending


Will the factoring industry be cannibalised by neofactors also?

It is imperative that all of us in the global factoring and receivables... (more…)

#Amazon#bank#management


PTSB partners with Bibby to offer invoice finance for...

Permanent TSB (PTSB) is moving deeper into SME banking by forming a novel partnership with... (more…)

#bank#invoice#SME lending


Credit Guarantee Scheme expected to dominate SME lending this...

Loans underwritten by the Government’s €2bn Covid-19 Credit Guarantee Scheme are likely to dominate... (more…)

#SME lending


Ultimate Finance’s SME lending exceeds £1.5bn

Specialist asset-based lender Ultimate Finance provided in excess of ... (more…)

#international#invoice#SME lending


Arab Banking Corporation to acquire Blom Bank Egypt

Bahrain-based Arab Banking Corporation (Bank ABC), a leading financial institution in the Middle East, said that it has entered into…

#bank#international#management


SME lending hit £54bn in first three quarters of...

Gross lending to SMEs in the first three quarters of 2020 was more than... (more…)

#SME lending

OakNorth loans Ultimate Finance £20m to bolster its SME...

Digital bank OakNorth and alternative lender Ultimate Finance have closed... (more…)

#bank#CBILS#Coronavirus

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