Alternative finance provider pledges £50m to grow Midlands SMEs

Paul Faulkner, chief executive, Greater Birmingham Chambers of Commerce
An alternative finance provider has revealed plans to inject £50m into supporting growing West Midlands businesses over the next 12 months. Growth Street is targeting firms in sectors such as manufacturing, wholesale and professional services. The finance provider has matched £100m of loans between investors and borrowers since its launch in 2015. Chief Executive Greg Carter said: “The Midlands is a UK manufacturing powerhouse, and we want to ensure that SMEs from Birmingham, Coventry, Wolverhampton and beyond are able to... You can carry on reading TheBusinessDesk.com 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...
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