Six new lenders have been accredited by the British Business Bank (BBB) to hand out loans under the Coronavirus Business Interruption Scheme (CBILS). Since the coronavirus crisis began, the BBB has increased the number of accredited lenders from 41 to 74 The newest additions include: European fintech lender iwoca, Bibby Financial Services, Netherthands-based Triodos Bank, Scania Financial Services, Belfast-based charity Ulster Community Investment Trust (UCIT), and Woodsford TradeBridge. These lenders will offer loans from as small as £10,000, all the way up to the CBILS cap, which is £5 million. Since the coronavirus crisis began, the BBB has increased the…
Six new UK lenders approved for CBILS including fintech iwoca