United Kingdom on Asset Finance

On 5 April 2023 the long-awaited draft amendment to Delegated Act EU 2021/2139 including draft technical screening criteria in Annex 1 (the Draft Delegated Act) was published by the European Commission.

The British Business Bank's ("BBB") Coronavirus Business Interruption Loan Scheme ("CBILS") was first introduced in April 2021. The new iteration of the Scheme, the Recovery Loan Scheme ("RLS")...

Earlier this month, the British Business Bank outlined the key terms of a new iteration of the Recovery Loan Scheme intended to help smaller UK businesses in their battle against rising costs in the current economic climate.