More work is needed to enable the resilience of a large part of society. Delivering hardship funds through the responsible finance sector will help do just that. Continue reading
Category: Opinion
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
Coronavirus Business Interruption Loan Scheme
The Coronavirus Business Interruption Loan Scheme opens to businesses today (23 March), offering emergency financial support for SMEs and microenterprises vulnerable to an economic downturn as a result of the coronavirus pandemic. Continue reading
An equal world is an enabled world: why we want to forge a gender equal world to enable women entrepreneurs to thrive!
This International Women’s Day we’re celebrating female entrepreneurship. Responsible finance providers lend to entrepreneurs who are unable to access mainstream finance; creating opportunities and supporting job creation. In 2019, 40% of responsible finance loans went to… Continue reading
Social enterprises need access to finance to help rebalance the UK economy
In the UK 100,000 social enterprises report access to finance is a barrier to their growth and development. In response, last week Lord Victor Adebowale launched a new Commission on Social Investment to look at how… Continue reading
Responsible finance providers are a vital source of unsecured credit for low-income households
There is widespread recognition that the provision of unsecured credit is an essential service for many households to allow them to smooth the effects of fluctuating income and expenditure; responsible finance providers work to create a… Continue reading
Responsible finance providers are key to the UK’s shift to a sustainable economy
There is a growing consensus that the success of our move towards sustainable development and net-zero relies upon an increase in finance for the just transition. The just transition is a ‘transition which delivers a resilient… Continue reading
Responsible finance providers have a long and proven track record – the next Government must invest in them
Responsible Finance, the voice of the responsible finance industry, sets out their Manifesto for the 2019 General Election. The responsible finance industry works to promote prosperity and address inequality by empowering people to take control of their financial… Continue reading
Good growth for cities is bolstered by the responsible finance industry
SMEs in all regions of the UK need access to finance so they can contribute to local regeneration, employment, innovation and social cohesion. By providing finance to underserved and excluded SMEs, responsible finance providers create a… Continue reading
Scaling Up Community Investment in the UK Report welcomed
A new report sets out how responsible finance providers – enterprise-lending community development finance institutions – could increase their lending to £250 million annually to underserved small businesses if the right support is in place. Continue reading