Landmark guarantee inked

Category: Capital Relief Trades ABS

Previous Story       Next Story

ThinCats and BBB seal agreement

The British Business Bank and alternative lender ThinCats have finalised a guarantee agreement via the former’s ENABLE Guarantee programme. The guarantee will provide up to £300m of additional funding for UK SMEs and midcaps. The transaction features a warehouse facility provided by Citi and it is the first under the ENABLE programme to facilitate lending to smaller businesses from an alternative lender with a bank as a senior funder.

Already registered?

Not yet registered? Join today to access SCI Content.