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British Business Bank Open for More Relationships with Non-bank Lenders
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British Business Bank Open for More Relationships with Non-bank Lenders

British Business Bank Open for More Relationships with Non-bank Lenders

Fintech Nexus Staff·
EuropeFintechNews Roundup
·May. 16, 2019·1 min read

The ENABLE Guarantee program is now open to non-bank lenders including asset-based loan providers; as part of the program the UK government invests in loans originated from non-bank lenders in exchange for a fee; they have already committed £900 million through the program which was previously only available to UK banks and UK branches of foreign banks. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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