Brussels pushes back on ECB’s bad bank proposal: a leasing adviser’s take on events
A proposal by the European Central Bank (ECB) for a bad bank to deal with a surge in non-performing loans…
ByMonth: July 2020
Small business access to CBILS expected to grow following EU change to state aid rules
The British Business Bank (BBB) has amended the terms of the Coronavirus Business Interruption Loan Scheme (CBILS) following recent EU…
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European banks prepared for a crisis, just not this one
In the wake of the 2008 crisis, European banks underwent years of stress testing to help them survive a hypothetical…
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Invigors EMEA and GrowCap to offer M&A advice to asset finance providers
Two specialist consulting firms, GrowCap and Invigors EMEA, have joined forces to bring a bespoke M&A advisory service to market.…
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1pm plc arranges £100k CBILS loan for AC Tyres
1pm plc, the AIM-listed independent specialist provider of finance facilities to UK SMEs, has supported a North West recycling firm…
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Hygiene firms look to clean up with £4m Bibby funding line
Bibby Financial Services (BFS) has provided a £4m invoice discounting facility to the Bothongo Group UK, which has interests in…
ByClose Brothers Asset Finance CBILS restructuring helps Indigo Press with cashflow
Close Brothers Asset Finance has restructured the finance agreements of Indigo Press using the Coronavirus Business Interruption Loan Scheme (CBILS),…
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Tom Jones joins Quotevine as chief operating officer
Quotevine, a software provider for the automotive, asset and consumer finance sector, has announced that Tom Jones has joined as…
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