UK SMEs Aided With Over £1billion Through the Recovery Loan Scheme
The #RecoveryLoanscheme, run by @BritishBBank has seen £822.8m drawn down through 5,137 facilities, as 76 accredited #lenders offer over £1bn to UK #SMEs. #loan #lending...
Tag : loan
Community Banks Are More Financially Inclusive Than Neobanks Finds MANTL
55% of @Mantl_tech's respondents have said they feel better served at #communitybanks, but the lack of #digital options means #neobanks continue to grow at a...
iwoca Capitalises on Growing Sme Loan Demands With mmob Partnership
Stats showing #SMEs are 58% more likely to get a #loan through #embeddedfinance than direct applications, sparks @iwoca's #fintechparntership with @mmob_fintech. #lending...
SME lending improved following Trade Ledger and ScotPac’s partnership
The #loan acceptance speed for #SMEs using @ScotPacBF's platform has been vastly improved following its #fintechpartnership with @TradeLedger, with 300% growth in asset #finance business...
FlexiPay Launched by Funding Circle To Give SMEs More Flexibility With Unexpected Payments
The #SMElending platform, @FundingCircleUK has launched its first #payments facility, #FlexiPay, as the next step in its mission to help solve more funding problems for...
ConsumerDirect: 5 Creative Ways to Add Points to Your Credit Score Few People Know About
Upping your #credit points to afford a car or a #mortgage can be tough, but @ConsumerDirect's exclusive advice could help as David Coulter, the company's...
FintechOS Uncovers Challenges SMEs Face in Going Digital
#SMEs still face many challenges in their attempts to #digitise, an example being 40% found it took over a week to get a #loan approved...
Funding Xchange and Wayflyer Provide eBay’s CEBS Progam With More Financing and Choice for Sellers
Since its launch three months ago, the #CapitalforeBayBusinessSellers programme has approved £25.4million for over 2,700 #SMEs: roughly 17 per day on average. @eBay_UK...
Camino Financial: Artificial Intelligence in the Fintech World and Lending Industry
#Latinobusinesses have often struggled to get approved for #loans due to bias - @caminofinancial discuss how #AI can be used to change this. #aibias #lunaai...
One in 10 Borrowers Still Concerned About Maintaining Repayments Despite Payment Holidays
10% of #unsecuredloans had static balances in March, indicating that one in 10 borrowers had opted to freeze #repayments finds @Equifax. #loan #lending...