Lending Archives | The Fintech Times

Are we on the road to recovery? BBLS, CBILS, CLBILS and the Future Fund.

Mark WalkerMay 13, 2020May 14, 2020

by Mark WalkerMay 13, 2020May 14, 2020

Are we on the road to recovery? #BBLS #CBILS #CLBILS £14 billion in loans @BritishBBank @natwestbusiness paying out and new lenders online @Anilstocker @anneboden @Marketfinance...

Insolvency Risk: The Dangers of Taking Out Loans in Response to COVID-19

Alice SingerMay 12, 2020May 11, 2020

by Alice SingerMay 12, 2020May 11, 2020

Stimulus loans are great, however, taking out a loan can lead to insolvency risk. Government backed schemes such as #CBILS, #CLBILS & #BBLS are still...

NatWest sees massive demand for bounce back loans (BBLS)

Mark WalkerMay 11, 2020May 11, 2020

by Mark WalkerMay 11, 2020May 11, 2020

NatWest sees Massive demand for bounce back loans #BBLS seen by @NatWestBusiness Kate Dickins, MD of Government Schemes & External Partnership, told The Fintech Times...

Starling will be accepting applications for BBLS loans from Monday 11th May 2020.

Mark WalkerMay 7, 2020May 7, 2020

by Mark WalkerMay 7, 2020May 7, 2020

Great to hear that @StarlingBank will be accepting applications for #BBLS loans from Monday 11th May 2020 #corocnavirus, interested to see how their systems cope...

REVIEW: Treasury Select Committee ‘virtual’ meeting on the economic impact of coronavirus on the UK

Claire WoffendenMay 6, 2020May 6, 2020

by Claire WoffendenMay 6, 2020May 6, 2020

Mondays Treasury Select Committee discussed the economic impact of coronavirus, MPs said they would be looking closely at lending data and drawing attention to those...

Industry Views: New Bounce Back Loans Scheme opens for smallest UK businesses

Mark WalkerMay 4, 2020May 4, 2020

by Mark WalkerMay 4, 2020May 4, 2020

@MaxChuard, CEO, @Temenos, the banking software company, said: “…the new programme promises to fast-track finance for businesses in need and give access to cash ‘within...

New Bounce Back Loans Scheme opens for smallest UK businesses

Mark WalkerMay 4, 2020May 3, 2020

by Mark WalkerMay 4, 2020May 3, 2020

The new Bounce Back Loans Scheme #BBLS opens for smallest UK Businesses, Will Micro businesses get the support, can banks lend, Or will fraudsters cash...

Chancellor Rishi Sunak announces 100% taxpayer-backed loans for small firms

Mark WalkerApril 27, 2020April 28, 2020

by Mark WalkerApril 27, 2020April 28, 2020

Chancellor Rishi Sunak told the House of Commons the scheme would start next week, offering firms loans up to £50,000 within days of applying. Small...

The Wrong Prescription for Covid? Does CBILS Have the Right Prescription or Will it Kill the Patient?

Barry E JamesApril 27, 2020April 27, 2020

by Barry E JamesApril 27, 2020April 27, 2020

The Wrong Prescription for Covid? Does #CBILS Have the Right Prescription or Will it Kill the Patient? @BritBlockchain...

British Business Bank announces 4 new lenders for CBILS, but what difference will it make?

Mark WalkerApril 27, 2020April 26, 2020

by Mark WalkerApril 27, 2020April 26, 2020

The British Business Bank (BBB) announces four new lenders under the the Coronavirus Business Interruption Loan Scheme (CBILS), Allied Irish Bank (GB)/AIB (NI), ThinCats, Paragon Bank...

Category : Lending