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The initial backlash from the fintech industry to the government-backed loan schemes to help companies damaged by Covid-19 has been tempered in recent weeks as more non-bank lenders have been accredited to two of its key lending schemes, the Coronavirus...
#government-backed loan schemes
Businesses with supply chains which rely on trade credit insurance and... (more…)
#exporters#guarantees#risk
The government is considering requests from food and drink leaders and the wider insurance... (more…)
#trade credit insurance
The British government has agreed to fund £150m worth of small business loans through recently-listed ... (more…)
#SME lending
New laws to arm small businesses against unfair contracts will be... (more…)
#assignment of receivables#financial services#invoice
Legislation that could give lending to recruitment companies a welcome boost is about to go through the final stages of…
#Aldermore#assignment of receivables#bank
The UK Government proposes to make a change to the law so that a clause in an agreement which prohibits…
#financial services#guarantees#invoice
The UK government has announced that a ban on contractual clauses preventing businesses from securing invoice finance will come into…
#asset based finance#invoice#security
Peer-to-peer business lender MarketInvoice has secured an additional GBP5m investment from the government backed British Business Bank (more…)
#bank#business finance#invoice
Anti-invoice finance terms and restrictive clauses in contracts that prevent businesses from gaining invoice finance are set to be banned…
#assignment#invoice#late payment
According to the latest figures, UK government measures to improve late payments to suppliers have had some impact, but the…
#bank#late payment#payment terms
The British Government will announce today that its new British Business Bank will receive a further GBP250 million to lend…
#bank#British business#European Commission
UK Government and businesses will work together provide advise for SMEs to help them to get paid on time (more…)