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Funding Xchange analysis suggests that half of the 1.4 million Bounce Back loans made will be unaffordable despite the announcement by the Chancellor that the repayment period has been extended to 10 years from the initial six.
09/02/2021
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Rapidly growing SME lender Grow Finance has strengthened its executive management team with the appointment of a chief operating officer.
09/02/2021
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Daniel Jon Knowles (36), from Bromsgrove, Worcestershire, was a director of HE Knowles (Manufacturing) Ltd. Incorporated in November 2016, the company provided metal products for the construction trade.
08/02/2021
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Madrid and Amsterdam-based Twinco Capital is a fintech company that aims to build competitive and socially responsible supply chains. It engages with large corporates to offer their suppliers access to affordable funding, from purchase order to final invoice payment.
08/02/2021
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08/02/2021
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Grow Finance Group has partnered with global electronics manufacturer LG to help it expand access to its range of solar energy products by providing consumers with finance.
08/02/2021
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BNY Mellon announced the release of two research papers focused on the range of payment channels and capabilities that are being made available, and what their impact will mean for clients in the future.
05/02/2021
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Pure Point was incorporated in April 2009 and Russell Ivan Murch (43), from Leicester, became director in August 2010. The company was based in Lutterworth and manufactured signs and displays.
05/02/2021
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The Togolese subsidiary of African Lease Group currently manages a portfolio of around XOF 10bn (US$18.24m), revealed its managing director, Toussaint Sossou. Additionally, African Lease Togo increased recently its capital to XOF 3.5bn (US$6.39m), representing an additional XOF 400m (US$ 0.73m), in order to boost its funding dedicated to leasing and factoring operations.
05/02/2021
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Factoring companies saw their activity decline by almost 9% in the first nine months of the year, as the industry was used to double-digit annual growth. The sector relies on the financing of orders to get its head out of the water.
05/02/2021
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