Esme Loans has partnered with Pollen Street Capital to accelerate and expand its SME product offering.
Esme Loans – which was launched by NatWest in 2017 – is led by the original founding team of Richard Kerton, Veronika Lovett and Lucy Hasson.
It offers UK SMEs a simplified, rapid and paperless end-to-end process with competitive rates for businesses looking to borrow up to £150,000.
Richard, CEO of Esme Loans, said that it was very excited to form this partnership with Pollen Street Capital, which gives Esme the opportunity to increase its support to the SME community.
“Through this strategic partnership, we are able to accelerate the growth of the portfolio while providing a wider range of financing options to small businesses across the UK.”
Matthew Potter, partner at Pollen Street Capital, added: “Pollen Street aims to partner with only the most innovative businesses, [which] target underserved market opportunities and [which] show the potential for robust and sustainable growth.
“We seek out management teams that have insight, passion and determination and we look forward to working together with Esme to achieve their goals.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
-
Wyelands Bank completes $12m trade finance deal
Wyelands Bank has provided a trade finance deal for Canon Garth worth up to $12m annually...
-
The UK's SME productivity challenge
There are many millstones hanging around the neck of Britain’s economy in early 2019...
-
Metro Bank, Starling and ClearBank awarded £280m of funding
Metro Bank has secured £120m in funding from Banking Competition Remedies Limited (BCR)...
-
Falcon Private Bank to discontinue UK operations
Falcon Private Bank has decided to discontinue its UK operations and sell the assets of its London-based subsidiary, Falcon Private Wealth Ltd, to Dolfin Financial (UK) Ltd...
-
Revolut CEO calls for specialised tech visas
Nik Storonsky, CEO at Revolut (pictured above), has called on the UK government to introduce specialised visas for technology professionals...
-
Aldermore appoints new head of intermediary distribution
Aldermore has appointed Nick Parker (pictured above) as its new head of intermediary distribution within its retail mortgage business...
-
Ipswich Building Society to develop enhanced savings proposition over next two years
Ipswich Building Society has confirmed that it will develop an enhanced savings proposition over the next two years, with a focus on both digital and face-to-face services...
-
BTR: Tenant poacher or happy bedfellow?
The sand has been shifting so much under the feet of private landlords that many may believe they are becoming an endangered species...
-
Paragon bolsters asset finance team
Paragon has appointed Jan Greenhalgh as head of new business within its asset finance division...
-
Gatehouse Bank appoints new director
Gatehouse Bank has appointed Roger Evans (pictured above) as its new director of home finance distribution...
-
Rob Lankey to join Shawbrook as director of commercial investment
Shawbrook has announced that Rob Lankey (pictured above) will join as its new director of commercial investment at the end of February...