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
Tag: CBILS
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
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.
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
Open Letter to the Chancellor of the Exchequor: Vulnerable small businesses need additional targeted emergency loan funding delivered through responsible finance providers
The Rt Hon Rishi Sunak MP Chancellor of the Exchequer 1 Horse Guards Road Westminster SW1A 2HQ 17th March 2020 Dear Mr Rishi Sunak, Vulnerable small businesses need additional targeted emergency loan funding delivered through responsible… Continue reading
Don’t waste the opportunity to get things done, Chancellor – statement about the Budget for business
Our message to the Chancellor is not to waste an opportunity to get things done – and if he’s truly serious about doing whatever is necessary, ask responsible finance providers to help deliver these emergency financial support measures. Continue reading
Responsible finance providers are ready to deliver emergency funding to small firms hit by the coronavirus crisis
Theodora Hadjimichael, CEO at Responsible Finance, commented: “Micro enterprises and SMEs are already being negatively impacted by the coronavirus (COVID-19), as their workforces, sales and supply chains are all affected. As the driver of the UK… Continue reading