Wedding dreams on safe ground thanks to Fiduciam’s expansion throughout Northern Ireland

Fiduciam tops off its expansion in Northern Ireland with a CBILS loan to a wedding and conference venue. Fiduciam now has a loan pipeline approaching £20 million for CBILS loans from Northern Irish businesses and is looking forward to opening its Belfast office as soon as Covid subsides.

£430 million of CBILS loan requests under the belt, with a further £200 million expected

Fiduciam has received £430 million of requests for Coronavirus Business Interruption Loan Scheme (CBILS) loans by the 15th of October and expects to receive at least another £200 million of requests until the 30th of November. As a result, Fiduciam has reallocated a substantial amount of our resources to handle the CBILS application volumes.

Fiduciam continues to support house builders with development loans despite Covid-19

Fiduciam has just closed two development loans, with a total value of £2.5million, with one using its ‘Stepping Stone’ scheme. The two loans will provide funding for private developments in south London and on the south east coast. Fiduciam is standing by our house builders, providing them with development loan facilities in these challenging times.

Fiduciam completes two loans in Spain despite state of emergency

The state of emergency is not stopping Fiduciam from lending in Spain.We are standing behind all Spanish entrepreneurs and SMEs in this difficult time, and have completed two loans this week totaling almost €2,5M. Both deals were halted as a result of the coronavirus crisis and had complex aspects that traditional banks could not overcome which Fiduciam was able to, even during the lockdown.