Starling Bank to support UK businesses through CBILS
by Ben Poole
The digital bank has been accredited by the British Business Bank as a lender under the Coronavirus Business Interruption Loan Scheme.
Financing
Background
Other sources of finance include:Financing the ebbs and flows of the company's business and ensuring that finance is available to support any expansion is vital to the survival of any company. To…
Read more
18% of UK SMEs set to collapse within 4 weeks without government help
by Ben Poole
The Corporate Finance Network, which carried out the research, has proposed a recovery plan.
Calls for changes to UK’s Coronavirus Business Interruption Loan Scheme
by Ben Poole
OakNorth Bank has suggested a number of changes to CBILS in order to better support UK businesses.
EVO Payments nets US$150m additional investment from Madison Dearborn Partners
by Ben Poole
The technology firm has also provided a COVID-19 Update.
Deutsche Bank closes hedge for offshore wind farm
by Ben Poole
Despite volatile markets, the bank closed the US$3bn project finance for a Taiwanese wind farm.
Emergency UK government loans only appeal to half of business owners
by Ben Poole
MarketFinance research reveals 67% of UK businesses believe funds will not reach them in time.
AFP urges FED to include Tier 2 commercial paper in new facilities
by Ben Poole
The US treasury association voiced support for the Commercial Paper Funding and Money Market Mutual Fund Liquidity Facilities.
Iwoca launches SME funding platform
by Ben Poole
OpenLending aims to support 2 million SMEs by 2023, through 14 fintech platforms.
China a barometer for COVID-19’s economic impact
by Ben Poole
Global markets are looking to China's recovery as a sentiment tracker.
HSBC partners with Alibaba’s Cainiao to offer quick trade financing
by Ben Poole
Seven-day approvals for trade financing loans of up to US$500,000 will be offered to Tmall merchants in Hong Kong.
FED and BoE outline COVID-19 corporate support efforts
by Ben Poole
Both central banks have launched temporary commercial paper facilities to support businesses.
Corporate bond debt continues to pile up
by Ben Poole
An OECD report finds today's outstanding corporate bonds have issues like lower overall credit quality and higher payback requirements.
MUFG partners with Sydney Airport to deliver first ESG-linked US private placement
by Ben Poole
Coupon payments on the financing can vary two-ways according to the performance of the borrowers' sustainability and ESG metrics.
Gunvor renews US$725m sustainability-linked facility
by Ben Poole
Per the deal, Gunvor received a discount on its interest rate as sustainability targets were met.
Commerzbank joins the Climate Bonds Partner Programme
by Ben Poole
The bank has been a signatory of the Green Bond Principles since 2014.
HSBC adds to Australian Business Growth Fund
by Ben Poole
The A$540m fund will be used to support business growth in Australia.
The Vinetta Project and J.P. Morgan look to close funding gap for female founders
by Ben Poole
Registration for female founders to apply for the 2020 programming is now open.
BNP Paribas and EIF launch €10m fund to co-invest in EU social impact bonds
by Ben Poole
The fund provides a tool for the EU to improve access to financing for various social organisations and companies.
Kabbage launches custom loans for small businesses
by Ben Poole
The product is designed to improve short-term cash flow options for US companies.
Deutsche Bank partners with the European Investment Bank on latest green bond
by Ben Poole
The two banks previously partnered on the world's first green bond in 2007.
Wells Fargo expands financing for diverse small businesses
by Ben Poole
Wells Fargo Foundation’s Diverse Community Capital Program invests US$17.4m to help entrepreneurs grow 50,000 jobs.
What’s holding back circular economy growth?
by Ben Poole
Two new reports from ING explore the progress of this economic model.
Finance function revising project analysis, but cost of capital practices lag
by Ben Poole
AFP survey shows finance shortening the timeframe and decision criteria of analysis, but calculating the hurdle rate is unchanged.
MUFG executes first transaction on KomGo’s blockchain-based trade finance platform
by Ben Poole
The aim of the komgo platform is to digitise the commodity trade finance sector for commodity traders and other corporates.