Shawbrook Bank acquired the peer development finance business of RateSetter, which includes more than 100 new active developer clients and its development finance team. The total facilities of the development finance loan portfolio amount to £ 167 million. Terry Woodley, Managing Director of Development Finance at Shawbrook, said: “This is a fantastic acquisition that complements […]
Month: December 2020
CFIB: Expansion of Canada’s Emergency Business Account
BRITISH COLUMBIA – The Canadian Federation of Independent Business (CFIB) is pleased that the Government of Canada has finally fulfilled its commitment to expand the Canada Emergency Account for Businesses (CEBA) by an additional $ 20,000. The supplemental loan is now available for business owners who had previously received the original loan of $ 40,000 […]
CFIB statement on the expansion of the Canada Emergency Business Account
Toronto, December 4, 2020 — The Canadian Federation of Independent Business (CFIB) is pleased that the Government of Canada has finally honored its commitment to increase the Canada Business Emergency Account (CEBA) by an additional $20,000. The additional loan is now available for business owners who had already received the initial loan of $40,000 and […]
CIBC Now Accepting Applications for the Expanded Canada Business Emergency Account
Additional funds available for business owners TORONTO, December 4, 2020 / CNW / – CIBC announced today that it is now accepting applications under the Canada Emergency Business Account Program (CEBA). Eligible businesses facing financial hardship due to COVID-19 that have already applied and received a $ 40,000 CEBA loan, may be eligible to receive […]
Trudeau announces expansion of emergency account for businesses in Canada
Prime Minister Justin Trudeau announced the expansion of the Canada Emergency Business Account to provide support to small businesses during COVID-19. At a press conference on Friday, Trudeau said eligible businesses will now be able to access a second loan under the CEBA, if they need additional support. Originally launched in April 2020, CEBA offers […]