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
Metro Bank to open first store in Liverpool
Metro Bank is set to open a new store in Liverpool on Paradise Street...
Investec removes SVR from all new fixed rate mortgages
Investec Private Bank has removed the standard variable rate (SVR) on its two-, three-, four-, five- and 10-year fixed rate product range for all new clients...
Mid-size automotive manufacturers miss out on £25bn in revenues
UK mid-sized automotive manufacturers could be missing out on £25bn in revenues as a result of insufficient access to funding, according to research from Wyelands Bank...
Leek United hires new finance director
Leek United Building Society has named Rob Broadbent (pictured above) as its new finance director...
Handelsbanken posts 7% lending surge
Handelsbanken has revealed in its latest quarterly results that its UK lending increased by 7% to £21.1bn in Q1 2019 compared with the same period last year...
Al Rayan Bank expands Birmingham headquarters
Al Rayan Bank has expanded its operational headquarters in Edgbaston, Birmingham...
Cynergy Bank bolsters senior leadership team
Cynergy Bank has strengthened its senior leadership team with two new appointments...
Dispelling overseas property investment myths
When people talk about overseas buyers ‘snapping up’ UK property, assumptions about their supposed negative impact on the housing market abound...
Arbuthnot Latham appoints private banker to Manchester office
Arbuthnot Latham has announced the appointment of Barry Grieve as senior private banker to its Manchester office...
United Trust Bank launches exclusive broker promotion
United Trust Bank (UTB) has launched its 2019 ‘Live and Learn’ broker promotion...
Triodos supports extension of Bristol music venue
Triodos Bank has part-funded the £6.3m extension at the music venue St George’s Bristol...