Starling Bank Sees Strong Demand for Bounce Back Loans

AltFi reports on Starling’s progress in participating in the Bounce Back Loan program; so far they have received 18,000 applications and are now having to focus on existing customers; Starling plans to reopen the sole trader account process on June 1, 2020; CEO Anne Boden tweeted that they had processed 75% of applications and have declined 16%; over 94% of their customers are receiving funding in 24 hours; Last Friday, Boden shared that they had lent out £263m to SMEs and have partnered with Funding Circle to lend £300m more under CBILS. Altfi

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.