CDFIs prevent and reduce unemployment by supporting businesses, fostering inclusive growth, boosting productivity and facilitating enterprise creation. They are key strategic partners for the Government and the British Business Bank, and the sector needs urgent access… Continue reading
News
CBILS Update – 22nd June
As of 22nd June 2020, Responsible Finance can confirm that our members have approved £23 million of loans for 377 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.
CBILS Update – 8th June
As of 8th June 2020, Responsible Finance can confirm that our members have approved £20.8 million of loans for 356 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.
The Government should end the delay in granting alternative lenders access to Bank of England funds
The UK’s non-bank lenders and the Government are continuing to discuss access to cheap funding from the Bank of England. It is clear that without this, non-bank lenders and the diversity they bring to the SME… Continue reading
CBILS Update – 25th May
As of 25th May 2020, Responsible Finance can confirm that our members have approved £18.5 million of loans for 333 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.
With the right support from government this period of financial vulnerability for households can be temporary
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
Responsible Finance members among UK’s leading 100 social enterprises
Four Responsible Finance members – Big Issue Invest, Business Enterprise Fund (BEF), Charity Bank and Let’s Do Business Group – are among the UK’s leading 100 social enterprises selected in this year’s NatWest SE100 Index. Continue reading
Finance For Enterprise has appointed Andrew Austwick as new Managing Director
Responsible Finance member Finance For Enterprise, which has invested more than £50 million into SMEs in the last 10 years, has appointed Andrew Austwick as its new Managing Director. Continue reading
CBILS Update – 11th May
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.
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.