Lenders provide over £4bn to SMEs through COVID-19 scheme


The banking and finance sector has provided over £4.1bn to SMEs so far through the Coronavirus Business Interruption Loan (CBIL) scheme, UK Finance revealed. Over £1.33bn of loans were approved from 21 April to 28 April 2020. There were 8,638 loans approved over the period, bringing the total to 25,262. Stephen Jones, chief executive of […]

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