Cbils news and trends

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

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, according to Sky News. The program was nixed after ministers decided it wouldn’t be likely to really help the majority...

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

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 of the coronavirus pandemic, according to a company blog post. Funding Circle said it will only be focused on Coronavirus...