As of 11th May 2020, Responsible Finance can confirm that our members have lent £16.7 million to 315 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.
Category: News
CBILS Update – 4th May
As of 4th May 2020, Responsible Finance can confirm that our members have lent £15.1 million to 290 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.
CBILS Update – 27th April
As of 27th April 2020, Responsible Finance can confirm that our members have lent £11.3 million to 260 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.
Charities and financial inclusion bodies offer support to Government in delivery of emergency hardship funds
Responsible Finance, Carnegie UK Trust, Turn2us, Yunus Centre for Social Business & Health, Centre for Responsible Credit, Finance Innovation Lab and Community Finance Solutions send joint letter to Chancellor Charities addressing poverty, financial inclusion campaigners, academics,… Continue reading
Joint Letter to the Chancellor: Affordable credit providers are ready to support local authorities to deliver immediate financial support to households at risk of slipping into destitution
Rishi Sunak MP Chancellor of the Exchequer House of Commons London SW1A 0AA 23rd April 2020 Dear Mr Rishi Sunak, Affordable credit providers are ready to support local authorities to deliver… Continue reading
AskIf appoints former CEO of Start Up Loans as Commercial Director
Responsible Finance supporter AskIf has appointed two new team members this month to aid delivery of CV-19 loans. Joanna Hill, former CEO of Start Up Loans, has been appointed as Commercial Director at AskIf, a Responsible… Continue reading
Local lenders could address £100m funding gap through better CBILS
Theodora Hadjimichael, Responsible Finance CEO, on how our inclusive members can make CBILS reach parts of the economy otherwise excluded The Coronavirus Business Interruption Loan (CBIL) Scheme continues to draw the opprobrium of some commentators, with… Continue reading
An Earth Day celebration of environmental impact unlocked by community development finance
Hundreds of sustainable businesses and social enterprises are reducing the UK’s environmental impact thanks to the impact of responsible finance providers, embedded within the communities they serve. On Earth Day 2020 we share some examples. Continue reading
Funding Lifeline for Ecological Housebuilder
One of the only developers in the country building houses to the premium ecological ‘Passivhaus’ standard has secured crucial bridging funds via a ‘Coronavirus Business Interruption Loan’ enabling its work to continue – protecting four jobs and helping to create four additional jobs. Continue reading
CBILS update April 20
As of 20th April 2020, Responsible Finance can confirm that our members have lent £7 million to over 100 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.