3 years ago

Merchant Money Secures $115 Million Funding to Expand SME Lending

  • Merchant Money, a UK-based business finance lender, has secured $115 million in funding from backers including Barclays Bank PLC and new partner Quilam Capital

  • The company plans to use the funds to expand its lending books across secured and unsecured products and to add to its existing senior funding lines

  • Merchant Money has been providing secured and unsecured business loans to SMEs in the UK since 2013, and it secured British Business Bank accreditation for CBILS & RLS lending.

      • ProblemFinancial Services

      "SMEs lack access to sufficient business finance options and often face difficulties in securing funding from traditional lenders."

      Solution

      "Merchant Money provides secured and unsecured business loans to SMEs, making it easier for them to access the funds they need to grow their business."

      Covered on