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Capify pulls in £75m credit facility from Goldman Sachs
SME lending platform Capify has received a £75m credit facility from Goldman Sachs in order to meet increasing customer demand.
Business lender ProgCap said to raise $5m in funding
ProgCap, which supplies micro and small enterprises in India customised financing, has reportedly raised $5m in funding.
iwoca leverages open banking for new partnership with Barclays & HSBC
Barclays and HSBC have both connected with small business lender iwoca, making full use of the opportunities presented by open banking.
SMB lending platform PRIS Capital bags $10m credit facility
SMB lending platform PRIS Capital has raised $10m in credit financing to support its accelerated growth.
Capital on Tap collects £140m in debt funding
Capital on Tap, an SME financing solution, has raised £140m in debt funding.
BNP Paribas launches UK SME direct lending fund
BNP Paribas Asset Management has launch a new UK SME direct lending fund to support the ‘underserved’ market.
First Circle said to bag $26m in Series A
SME lending platform First Circle has reportedly raised $26m in its Series A round of funding.
SME lender Kabbage lands $200m from Credit Suisse
Kabbage, an SME lending platform, has landed $200m from Credit Suisse to expand its AI-based business loans.
OfBusiness collects $3.8m for SME financing platform
OfBusiness, a Guragon, India-based SME financing platform, has raised $3.8m in debt financing from Kotak Mahindra Bank.
BlueVine brings in $130m in debt capital financing
BlueVine, a Redwood City, CA-based provider of working capital financing to SMEs, has secured up to $130m in debt capital financing.