By Funding Circle. Important update on lending through Funding Circle Today the British Business Bank (BBB) has accredited Funding Circle to the Government’s Coronavirus Business Interruption Loan Scheme (CBILS). This will allow us to help small businesses access crucial government-guaranteed loans during this unprecedented time. To ensure we are helping as many small businesses as… Read more
Nick Horrocks
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Funding Circle New Lending Update On COVID-19 17th April 2020
LendingCrowd Update On COVID-19 16th April 2020
By LendingCrowd. As the coronavirus (COVID-19) outbreak continues to affect all our lives, we want to assure our valued community of borrowers and lenders that we’re doing everything we can support you all at this difficult time. We’ve reached out to every LendingCrowd borrower and asked them to complete a questionnaire to let us know… Read more
Funding Circle Secondary Market Update On COVID-19 9th April 2020
By Funding Circle. Update on the secondary market As part of our ongoing measures to protect investor returns, we have taken the decision to pause the secondary market while we continue to evaluate the potential impact of Covid-19. This forms part of a number of measures introduced recently. Over the last few weeks, we have… Read more
ArchOver Update On COVID-19
By ArchOver. The outbreak of the Covid-19 pandemic, and the subsequent societal restrictions enacted by governments to combat this crisis, have brought great uncertainty to the international economy, and have placed many businesses into uniquely challenging situations. ArchOver* has been in close contact with all of our borrowers throughout these proceedings to ensure that they… Read more
Funding Circle Payment Holidays Update On COVID-19 1st April 2020
By Funding Circle. Further actions to protect your returns Last week, we outlined some of the actions we have taken to protect your returns on our platform, including tightening our credit risk parameters and strengthening our Collections and Recoveries capabilities. As this fast-moving situation develops, we will continue to ensure your portfolio is well-positioned to deliver… Read more
CapitalStackers Update On COVID-19 28th March, 2020
By CapitalStackers. So how is it going as we crawl toward the end of the first week of lockdown? Are the hands of your watch moving as slowly as mine? And pure irony, isn’t it – as soon as Boris tells us to stay at home, it stops raining and out comes the sun?! The… Read more
CapitalStackers Update On COVID-19 25th March, 2020
By CapitalStackers. Financial hygiene is even more important during the COVID-19 crisis Total transparency has always been a core function to us at CapitalStackers*, but in the current climate, just like handwashing, this element of normal housekeeping takes on critical importance. We’re fully aware that our investors will be looking to us to keep them… Read more
Funding Circle Chief Risk Officer’s Update On COVID-19 25th March 2020
By Jerome Le Luel, Funding Circle’s Global Chief Risk Officer. Protecting your returns over the coming months Jerome Le Luel joined Funding Circle as Global Chief Risk Officer four years ago; bringing with him more than 20 years of experience in risk management. His previous roles include Global Head of Risk Analytics at Barclays Bank… Read more
JustUs Update On COVID-19
By Lee Birkett, CEO & Founder of JustUs. A calm head in troubled waters I never believed in my lifetime that I would be writing to a locked down nation, but we are where we are, and I believe we will all get through this crisis if we stick together. “Let us therefore brace ourselves… Read more
CrowdProperty’s Recent Update On COVID-19
By Michael Bristow, CEO & Co-Founder of CrowdProperty. It’s been an unprecedented week for us all. At CrowdProperty we’ve worked extremely hard to maintain the service, quality and reliability we’ve grown our reputation on. This week we funded 3 quality projects totalling almost £1,000,000 of first-charge secured loans from 1,258 lenders. Our passionate team of 32… Read more