TradeRiver Finance has reached a significant milestone in its short corporate history: £100 million of lending to high growth SME businesses in the UK. This highlights the growth and expansion opportunities for start-ups and small businesses here in the UK.
TradeRiver Finance has:
• provided trade credit for 1,600 separate transactions to 76 UK companies.
• funded goods or services with over 185 of their customers’ suppliers in 26 countries around the world.
• lent £100 million to high growth UK businesses.
Through an online funding platform, they are able to provide their customers with a revolving unsecured trade credit facility, meeting their needs in terms of growth or pinch point finance. They have built a diverse customer-base in UK, who have benefited from the flexibility provided by the facility.
Richard Fossett, TradeRiver Finance...