Tagged: warehouse facility

September 19, 2023 @ 8:10 am By Omar Faridi  |  

ThinCats, an alternative lender, has agreed a new warehouse facility with Citi and Barclays Bank PLC supported by a guarantee through the British Business Bank’s ENABLE Guarantee program. This new facility supports lending of “up to £696m for mid-sized smaller businesses in the UK, making… Read More

June 29, 2023 @ 5:48 pm By Omar Faridi  |  

Silicon Valley Bank (SVB), a division of First Citizens Bank, announced that it has provided a $50 million warehouse facility to Achieve, the leader in digital personal finance. Achieve provides personal loans “to help with debt and cash flow, home equity lines of credit, as… Read More

February 10, 2020 @ 1:48 pm By Samantha Hurst  |  

Australia-based marketplace lender SocietyOne announced on Monday it has established a warehouse facility arranged by NAB, alongside securing $15 million through its recent equity raise, to support growth. According to SocietyOne, the warehouse facility is also scalable to support the lender’s continued growth, as borrowers… Read More