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NatWest offers Esme Loans directly to its SME customers

Theo Osborn | 13:10 Tuesday 22nd January 2019

NatWest will now offer Esme Loans products directly to its existing SME customers.

Esme launched as a pilot in early 2017 and has since provided £36m to over 570 customers.

The digital lending platform for SMEs and scale-up businesses targets companies looking to borrow between £10,000 and £150,000.

Paul Thwaite, managing director of sales, specialist businesses and business banking at NatWest, said: “This is an exciting development in the evolution of Esme Loans and a demonstration of NatWest’s commitment to financing small businesses…

“[This] launch is in direct response to our customers’ demand for simple, fast access to finance through convenient, digital channels.

“…It is now more important than ever that we continue to offer innovative, simple products and services that allow small business owners and entrepreneurs to do what they do best: run their business.”

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