7 years ago

Growth Street Secures £7.5 Million to Disrupt UK Business Lending

  • Growth Street, a UK-based business lending platform, has raised £7.5 million in a scale-up funding round led by Merian Chrysalis

  • The round also saw participation from notable investors like Rob Rankin and Peter Brodnicki

  • Growth Street offers a flexible financing solution called GrowthLine, designed to replace traditional bank overdrafts for growing SMEs

  • The company plans to use the funding to expand access to GrowthLine and forge new partnerships within the financial services sector.

    • ProblemFinancial Services

      "Business owners struggling with inflexible lending options"

      Solution

      "Growth Street offers a transformation of the traditional bank overdraft, delivering flexible facilities up to £2m to growing, profitable SMEs"

      Covered on