business collections

FCA tells banks to support struggling small business borrowers

13th July 2022 Business Lending | #business collections

The Financial Conduct Authority (FCA) has told banks to improve the treatment of struggling small business borrowers. As part of its work in response to the increased cost of living, the FCA has told banks they must treat small business customers fairly when collecting and recovering debts. A review of 11 bank’s collection practices identified…

Arrow agrees business collections mandates with challenger banks

25th January 2022 Alternative Business Lending | #business collections

Arrow Global, has announced that it has secured mandates from three UK banks to act as collections and recoveries partner across their ounce Back Loan Scheme (BBLS) and Coronavirus Business Interruption Loan Scheme portfolios. The servicing mandates, which will be managed by Arrow’s Drydensfairfax platform in Leeds, build on Arrow Global’s presence as the leading…

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business collections

FCA tells banks to support struggling small business borrowers

Arrow agrees business collections mandates with challenger banks

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