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"