Niall Alexander of Moneyline discusses the implications of an interest rate cap for payday lenders Continue reading
Category: News
Bank referral legislation is welcome news for SMEs
The CDFA welcomes George Osborne’s announcement that the Government will introduce legislation that will require banks to refer decline customers to alternative providers. The proposed new rules mean that high street banks will have to offer to connect SMEs that they decline for loans to alternative sources of finance. Continue reading
CDFA maps out how affordable credit can be available to all
Affordable credit should be accessible to everyone in every community across the UK, and the CDFA has set out how this vision should be realised. In its Just Finance report, published today, the CDFA maps the six steps that are needed to ensure we all have this basic right – of access to fair finance. Continue reading
A business kick start for social housing tenants
The CDFA and HACT are teaming up to bring finance and support to social housing tenants who want to start up in business. Callum Anderson of the CDFA explains how Continue reading
New community banking solution launched in Bristol
Work is underway to set up and test a simple and practical community finance partnership to deliver wide-ranging finance and support services in Bristol. The pilot project is being led by the South West Investment Group (SWIG), a community development finance institution (CDFI) that will partner with other services to present a viable and integrated alternative solution to fragmented mainstream finance and support services. Continue reading
Better financial services = Just Finance
Ben Hughes discusses why we need better financial services, the CDFA’s vision for Just Finance for all and how we plan to achieve it. Continue reading
Creating more jobs than ever before
The impact of CDFIs has grown massively in recent years. The jobs created and saved thanks to CDFIs have more than doubled in just one year. Continue reading
Budget 2014
19.03.2014 George Osborne, the Chancellor of the Exchequer, delivered the Government’s 2014 budget, which included some welcomed news concerning support for social enterprises and small and medium sized enterprises (SMEs). The Chancellor’s speech highlighted the stronger-than… Continue reading
Top microenterprises rewarded with £65,000 in national award scheme
Organisations and individuals recognised for impact they have had in communities across the UK Champions of locally-based finance for microenterprises rewarded at 12th February Awards Ceremony in Bristol, featuring BBC Breakfast’s Steph McGovern [Image: Steph McGovern… Continue reading
Bank disclosure of lending data provides “ideal opportunity” for mainstream banks to partner with CDFIs
The CDFA welcomes tomorrow’s disclosure of lending data at postcode level by the high street banks – and offers banks the opportunity of working with their members to reach hard to reach markets. Continue reading