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Yahoo News | March 09, 2020

State-owned bank Natwest has announced a £5bn ($6.5bn) package of support for UK small businesses hit by coronavirus. Natwest, which is owned by Royal Bank of Scotland (RBS.L), said Monday it was setting up a £5bn working capital facility that would help small and medium sized businesses hit by the economic fallout from coronavirus. New measures announced include emergency no-fee loans, loan repayment holidays of up to six months, emergency overdraft extensions, and help with cashflo...

FINANCE, BUSINESS STRATEGY

Informatica | September 21, 2022

Informatica , an enterprise cloud data management leader, today announced that UK Export Finance is modernizing to the cloud with Informatica’s Intelligent Data Management Cloud (IDMC), freeing up team resources to better serve UK businesses of all sizes and sectors. UK Export Finance is the world’s first and oldest export credit agency, its mission is to advance prosperity by ensuring no viable UK export fails for lack of finance or insurance, doing that sustainably and at no net co...

CNBC | February 20, 2020

Small business sentiment is on the rise to kick off 2020, with confidence nearing all-time highs, according to data from CNBC and SurveyMonkey. The CNBC/SurveyMonkey Small Business Confidence Index climbed two points in the first quarter, from 59 to 61, as concerns over trade policy impacts lessened, thanks to a trade deal with China and the signing of the USMCA. This is a sharp turnaround from the lows seen last summer as trade turmoil weighed on Main Street’s outlook. The Small Business ...

TECHNOLOGY

Businesswire | May 10, 2023

Fairfax-based FVCbank introduced the newest technology to make borrowing easy for business clients. By introducing the Lightning Lending program to its portfolio of technologically-efficient banking products, the commercial community bank continues its strategic commitment to transitioning from a traditional banking model to a more sophisticated fintech bank of the future, better serving the needs of its customers. “FVCbank is committed to pivoting in today’s high-te...