LendingCrowd was accredited as a lender under the Coronavirus Business Interruption Loan Scheme (CBILS) in July 2020, enabling us to distribute UK government-backed loans to small and medium-sized businesses that have been affected by the Covid-19 pandemic. All of our lending is currently being …Read More
Since the outbreak of the Covid-19 pandemic, the entire LendingCrowd team has focused on supporting our lenders and borrowers. From enabling eligible borrowers to focus on their business by offering them repayment holidays, to keeping lenders informed of changing market conditions, …Read More
All non-essential shops, leisure and entertainment venues across England are now closed in an effort to halt the spread of Covid-19. Pubs, bars and restaurants are only allowed to operate takeaway and delivery services. These restrictions are due to end on …Read More
Small and medium-sized businesses are the backbone of the economy and are being supported through the Covid-19 pandemic by the Government-backed Coronavirus Business Interruption Loan Scheme (CBILS). Funding for CBILS loans is restricted to institutional lenders and we expect that all …Read More
As the Covid-19 pandemic continues to impact the UK economy, we wanted to update you on the current market conditions and how these may affect your LendingCrowd portfolio. We expect that all of our new lending for the foreseeable future will …Read More
Across the UK, many aspects of the lockdown brought in to halt the spread of the Covid-19 pandemic are beginning to ease, but everyday life remains far from normal. We’ll update this post to help you keep track of developments and …Read More
We continue to update this post with new developments as they happen to keep you as informed as possible. As the lockdown measures are easing, some businesses are beginning to open again, though it’s not exactly “as you were”. Prime Minister …Read More
Over the past two months, our team has been working remotely to continue running our platform during the Covid-19 pandemic with no disruption to our service. However, these are not normal times, and we have had to adapt to meet this …Read More
Amid the ongoing coronavirus (Covid-19) pandemic, we want to assure our valued community of borrowers and lenders that we’re doing everything we can support you all at this exceptional time. Having reached out to every LendingCrowd borrower to ask how their …Read More
Amid the ongoing coronavirus (Covid-19) outbreak, LendingCrowd stands ready to help our valued community of borrowers and lenders. With the stock market experiencing volatility in recent days, it is important to remember that LendingCrowd only lends to British businesses that have been …Read More