Funding Circle secures £200 million forward flow agreement with Deutsche Bank
The lender says the new funding will bolster support for UK small businesses.
SME finance platform, Funding Circle, has announced a £200 million forward flow agreement with long-standing partner Deutsche Bank.
The facility will continue to support Funding Circle's core term loans for small businesses across the UK.
Deutsche Bank has been a funder on the Funding Circle platform since 2014.
Funding Circle's term loans are complemented by its broader product suite, which includes solutions like FlexiPay and the Funding Circle business credit card.
Dipesh Mehta, chief capital officer at Funding Circle, said: “We are delighted to continue our long-standing partnership with Deutsche Bank. This trade is a testament to the robustness of our platform and our ability to originate high-quality loans that deliver attractive, stable returns for our partners.
"This funding allows us to continue supporting the backbone of the UK economy with the finance they need to grow and succeed.”
