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The UK Chancelor of the Exchequer extends CBILS

News | Payments General | 28 Sep 2020

The UK’s Chancelor of the Exchequer has reported intentions to extend the government loan schemes that have been helping SMEs stay afloat throughout the coronavirus pandemic. 

UK, Chancelor of the Exchequer, CBILS, government loan schemes, SMEs, coronavirus, pandemic, financial aid, fintechs, alternative lenders, accredited lenders, banks, CLBILS, Bounce Back Loans, loans, Future Fund, convertible loans, repayment, Pay As You Grow

Tide pauses its Bounce Back Loan Scheme

News | E-invoicing, SCF & E-procurement | 10 Jul 2020

Tide has announced, in a letter to its 150.000 SME customers, that it would not be resuming its Bounce Back Loan Scheme (BBLS).

TIde, Bounce Back Loans, SMEs, BBLS, loans, fintech

Greensill, Metro Bank, OakNorth, and Secure Trust Bank join CLBILS

News | Payments General | 11 Jun 2020

The British Business Bank has announced new lenders added to its coronavirus lending schemes.

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Starling lends GDP 90 mln in Bounce Back Loans to SMEs

News | Payments General | 13 May 2020

UK-based digital bank Starling has offered over GDP 90 mln to SMEs in Bounce Back Loans (BBL), with a total of GDP 120 mln committed.

Starling Bank, UK, BBL, Bounce Back Loans, SME, guarantee, loans, digital bank, coronavirus, Coronavirus Support Scheme, Connected Cards, interest holiday, arranged overdrafts, spare card

Temenos supports UK banks to accelerate loan applications

News | Online & Mobile Banking | 13 May 2020

Temenos, a banking software company, has announced that its Temenos Infinity digital omnichannel product is supporting UK-based banks to accelerate loan applications under the government’s Bounce Back Loan Scheme.

Temenos, UK, banks, Bounce Back Loans, COVID-19, coronavirus, banking, software, Temenos Infinity, digital, omnichannel, loans, Coronavirus Business Interruption Loan Scheme, CBILS, SMBs, SMEs, Explainable AI, XAI, AI