Sentences with phrase «lending scheme funded»

Richard Cordray, Director of the CFPB, issued the following statement: «Tens of thousands of Corinthian students were harmed by the predatory lending scheme funded by Aequitas, turning dreams of higher education into a nightmare.

Not exact matches

Interest in developing alternative sources of debt for Australian corporates is growing as more superannuation funds, borrowers and banks discuss ways for retirement schemes to lend directly to companies.

Mr Barker said another reason for rising interest in super funds moving into the corporate lending sector was that retirement schemes were not viewed as competition to the banks, but rather as complementary lenders.

«While the «funding for lending» scheme, the new British Business Bank and today's announcement of a cut in corporation tax show that the Government is being proactive in the SME space, there needs to be better co-ordination of such initiatives.

The FSB also wants to see that the new «funding for lending» scheme gets cash to those firms that need it with a clear reporting process so that tangible evidence is given to show the money is being passed on to small firms and not just shoring up the banks.

The Governor of the Bank of England recently announced the Bank of England's funding for lending and liquidity schemes which will be a massive credit boost.

The Funding for Lending scheme will no longer support household borrowing from the start of next year and will be refocused on small business lending, the Bank of England said today.

Bank lending could be increased by as much as # 80 billion under a bold new «funding for lending» scheme unveiled by George Osborne and Mervyn King last night.