Challenger bank nears major funding milestone

David Parsons
Solihull-based challenger bank, Secure Trust Bank is nearing an important funding milestone. The bank’s Commercial Finance arm is closing in on £15m lent to Midlands-based SMEs. The figure is seen as recognition of the growing role of alternative finance as a means of funding small business growth. Since launching in November 2014, the company has provided £9.3m to businesses based in the West Midlands, with a further £4.7m to SMEs in the East Midlands. This includes the seven-figure funding facility provided to Northamp... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...