Tag: SME Lending
UK SME lender Boost Capital secures £15m credit line
UK specialist business lender Boost Capital has secured a £15m credit line from US investment firm Atalaya Capital Management. Read more: www.fintechroundup.com
Nigerian SME lender Lidya pockets $1.25m
Nigerian small business lender Lidya has picked up $1.25m in a seed funding round led by Accion Venture Lab. Read more: www.fintechroundup.com
Xero launches machine learning automation to transform accounting
Xero is announcing an machine learning automation system that is set to transform the accounting practices of small businesses and their partners. Read more: www.fintechroundup.com
NatWest unveils online lending platform for SMEs
UK bank NatWest has launched a digital platform that lets small and medium sized businesses quickly apply for and obtain unsecured loans of up to £150,000. Read more: www.finextra.com
Critics point to flaws in China’s SME loan rules
China has initiated efforts to boost lending to small businesses, but some critics now say the rules imposed on banks to heighten their SME lending levels may be too rigid. Read more: www.pymnts.com