New AI offers lifeline to startups refused bank loans
Feb27

New AI offers lifeline to startups refused bank loans

Alternative lender Just Cash Flow PLC has begun harnessing augmented intelligence (AI) to identify promising startups through their online footprint – including social – and approach them directly. Start-ups are usually caught in the catch-22 situation of being unable to access financial support, because lenders traditionally request two or more years of accounts to indicate healthy trading. However, the odds are stacked against such...

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New Lending Structure Creates £50m of Loan Funding For Small Businesses
Jan09

New Lending Structure Creates £50m of Loan Funding For Small Businesses

Alternative Lender, Just Loans Group, has broken new ground by seeking to raise £50m of new funding through an ‘A’ rated tradable bond structure backed by a portfolio of small business loans. This innovative approach marks a new stage of support to the SME sector from an emerging small business lender, providing businesses with an alternative way of funding their growth aspirations, as they find access to loans from the...

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