CBILS

iwoca Notches £100M To Support Pandemic Relief Loans
iwoca Notches £100M To Support Pandemic Relief Loans
August 03, 2020  |  B2B Payments

U.K. FinTech iwoca has notched £100 million in funding to help coronavirus business interruption loan scheme (CBILS) clients. The company intends to grow its CBILS program...

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UK Treasury Nixes Idea For New Coronavirus Funding Scheme
UK Treasury Nixes Idea For New Coronavirus Funding Scheme
July 02, 2020  |  B2B Payments

The U.K. Treasury will not be rolling out a proposed emergency coronavirus funding scheme that would have sent billions to providers of supply chain finance,...

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Funding Circle Halts Retail Investing To Focus On SMB Stimulus
Funding Circle Halts Retail Investing To Focus On SMB Stimulus
April 19, 2020  |  B2B Payments

Funding Circle has been given the go-ahead by the British Business Bank to distribute business loans to small- to medium-sized business (SMB) owners hurting because...

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