White Oak, an alternative lender serving UK businesses, says it has surpassed £270 million in CBILS lending while receiving an increased allocation of by the British Business Bank. CBILS, or Coronavirus Business Interruption Loan Scheme, is one of a series of government programs designed to… Read More
Read more in: Fintech, Global | Tagged andre hakkak, andy davies, cbils, uk, united kingdom, white oak
An article from Global Capital notes that more securitizations of United Kingdom government-backed SME loans are being carried out in private. Last month, Funding Circle had reportedly finalized a deal with Sixth Street and Barclays. Since the UK’s Coronavirus Business Interruption Loan Scheme (CBILS) was… Read More
Read more in: Investment Platforms and Marketplaces, Global | Tagged andre hakkak, barclays, cbils, coronavirus, coronavirus business interruption loan scheme, covid-19, europe, funding circle, securitization, small businesses, smbs, sme's, uk, united kingdom, white oak global advisors
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