We’re happy to announce we have secured an initial funding line of £25 million with Foresight Group to continue to provide much needed financing to a wide range of SMEs who require a lender to tailor funding that is right for them.
Over the last 18 months, the UK has been in a state of flux (to say the least) and in this time we used our current funding to predominantly support our current clients, lending in a market where appetite was restricted due to Covid, delivering funding in tight timescales.
As individuals, we’ve gained a greater appreciation for the value of being able to meet and interact with our clients and introducers. Whilst meeting behind a screen has its place in business and life, nothing can truly replace face to face interaction and the relationships, friendships and partnerships that can be forged in person.
To this end, we’ve been busy working in the background to find the right funding and, in Foresight, we believe we have found one who’s principles to lending fit with our business.
The facility will allow us to help more SMEs to benefit from the flexible funding we provide at a time when Businesses and Entrepreneurs are looking for additional liquidity. Working with our network of lenders, intermediaries, advisors and management teams we will continue to give them access to funding that works for them and their clients.
As a team we have grown and supported each other, our clients, partners and friends through the difficulties of the last year and a half. One thing that has stayed the same is our resolve to help businesses make the most of their opportunities.
We look forward to speaking with you soon.
Mel & Andrew