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In a strategic move aimed at improving access to financing for small and medium-sized enterprises (SMEs), the Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have announced the establishment of a joint Taskforce on SME...
#HKAB#HKMA#sme finance
The SME Finance Taskforce, comprising major banks, alternative lenders, fintechs, accountancy software providers, payment schemes, credit reference agencies, and industry…
#alternative finance#fintech#sme finance taskforce
UK specialist lender Paragon Banking Group has recorded £230.2m of new SME lending for the first half of the financial…
#John Phillipou
iwoca announces a new £270m package of debt funding, taking total gross investment in the company to over £1bn since…
#debt finance
Paragon Bank’s SME lending division has unveiled a new structure for its sales function, bolstering both the broker and vendor…
#John Phillipou#Paragon Bank#Stewart Good
New research by Praetura – the Manchester-based debt and equity capital provider to UK SMEs – has revealed that three…
#funding gap#Praetura#SME lending
There was a 28 per cent increase in banks lending to SMEs in the financial year 2023, according to new…
#SME lending
GoLogiq, a US-based provider of FinTech and consumer data analytics, has announced plans to acquire Fram Venture 7 AB, a…
#lending platform#SME lending#working capital finance
NLB Banka Prishtina has become a partner bank of the European Bank for Reconstruction and Development (EBRD) in Kosovo. The…
#SME financing#SME lending
HSBC has unveiled a £15 billion lending fund for UK SMEs. This national fund is part of HSBC commitment to…
Allica Bank, the leading fintech SME challenger bank, is urging the Prudential Regulatory Authority (PRA) to consider changes to proposed…
#Allica Bank#FSB#Martin McTague
UK’s alternative lender Iwoca is rolling out instant decisions for loans up to £25,000 with the help of CRIF, Europe’s…
The National Association of Commercial Finance Brokers (NACFB) has called for the government to urgently... (more…)
#NACFB#National Association of Commercial Finance Brokers#SME lending