Tagged: funding for lending

Bank of England Funding for Lending: “Worrying Trend”

The Bank of England is out with some data on the Funding for Lending Scheme (FLS). The FLS seeks to encourage more lending to the UK economy than would have been the case in the absence of the plan.  The current Extension allows participants to… Read More

Funding for Lending Extended. GLI Finance Says Program Does Not Solve the Problem

The Bank of England (BOE) announced the extension of the Funding for Lending Scheme (FLS) that was designed to provide easier access to capital for SMEs.  The BoE stated the program will provide lenders with continued certainty over the availability of cheap funding to support lending… Read More

Bank of England Funding for Lending Data Shows Loans to SMEs Improve in Q1

The Bank of England has published the quarterly update on the Funding for Lending Scheme (FLS) for Q1 of 2015.  According to the report, net lending by FLS Extension participants to SMEs was £0.6bn in the first quarter of 2015. This compares with quarterly net… Read More

UK Funding for Lending Scheme Continues to Fail in Mission. Funding Circle Says “Banks Are Not The Answer”

The Bank of England has released its most recent data on the Funding for Lending program, an initiative that is supposed to compel banks to lend to business.  According to the BOE figures, lending is in decline; “Net lending by FLS Extension participants to all… Read More

Report: Lending to SMEs Declines as Banks Attempt to Ease Loan Process

The Bank of England has published its periodic report on lending and, once again lending to SME’s has declined.  Even as the Funding for Lending Scheme (FLS) added participants, net lending was slightly negative. The FLS is a stimulus program that was launched by the… Read More

UK Funding For Lending Scheme Figures Negative for SMEs

The Bank of England has released data on the UK Funding for Lending Scheme (FLS), a governmental program created to boost lending. According to the report on 2014 Q2 data, “net lending by FLS Extension participants to small and medium-sized enterprises (SMEs) was slightly negative… Read More

For Disillusioned SMEs Hope Is Not Lost

2012 was a tough year for SMEs. The Eurozone crisis rumbled on, economies stagnated or contracted and the banks failed to lend the sums needed to help pull Europe out of the abyss. Government initiatives such as the Funding For Lending (FLS) scheme in the… Read More