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The U.K. government bank referral scheme, designed to connect small businesses that were rejected for a traditional bank loan to alternative lenders, has faced its latest round of criticism as new figures reveal low adoption of the program.The Times reported thi <a href=https://www.stanley-cups.it>stanley cup</a> s week that fewer than 800 businesses were referred to an alternative lender under the scheme, leading to just $19.36 million worth of loans to small businesses in the 12 months ending on June 30, according to new data from the Treasury.The program launched toward the end of 2016, but so far only 1,700 businesses have been referred to alternative providers of capital under the program, reports noted. A total of $38.7 million in small business loans has been provided throughout the entirety of the program lifespan.The Federation of Small Businesses FSB described the lates <a href=https://www.stanley-germany.de>stanley thermoskanne</a> t data as underwhelming, with National Chairman Mike Cherry noting that the figures represent helping well under 1 percent of the small business community secure a few million over three years. He added that the data doesn ;t scream roa <a href=https://www.cups-stanley-cups.ca>stanley cup canada</a> ring success for the bank referral scheme.There needs to be more encouragement on the demand side, Cherry stated. Small firms may be wary of handing over details to funding platforms.Nine traditional lenders, including RBS, Lloyds, Barclays and HSBC, are required to refer their small business loan applicants to one of three altern Zznq Regulators Feel the Pressure as Banks, FinTechs and Crypto Firms Vie for Wallet Share
U.S. business travelers are increasingly using Uber for rides they report on expense forms, with taxi and Uber rides now neck-and-neck overall but with聽significant differences between cities, according to Certify.In March, taxis carried 52 percent of rides reported on expense reports that Certify processed, while Uber drivers carried 47 percent. Lyft drivers carried 1 percent of the rides.That a dramatic swing from just a year ago, when taxis got 85 percent of the expensed business rides and Uber got 16 percent. The taxi share has been eroding steadily for the past 12 months with one exception: In blizzard-socked January, Uber share jumped, but then fell back slightly in the February expense reports, while taxis dropped more than usual in January but regained a little ground in February.In eight U.S. cities broken out in the Certify statistics for Q1 2015, business travelers are using Uber more than taxis in San Francisco 71 percent to 29 percent and Dallas 56 percent to 44 percent , while it a dead heat in Washington, D.C., an <a href=https://www.cups-stanley.fr>gourde stanley</a> d Los Angeles <a href=https://www.stanleycup.fr>gourde stanley</a> 51 percent taxi to 49 percent Uber , and in Atl <a href=https://www.stanleycup.pl>kubki stanley</a> anta taxis still have a 59-to-41-percent edge. But taxis still hold a strong lead in New York City 79 percent , Miami 77 percent and Chicago 75 percent .The Uber rides also cost slightly less, with an average ride including uberX, uberXL, uberPLUS, Uber Taxi, UberBLACK, UberSUV and UberLUX at $31.24 in Q1 2015. The average taxi fare including taxis, l |
