The British Business Bank has committed to an ENABLE Guarantee transaction of up to £100 million with Cynergy Bank PLC. The goal is to support its asset-based lending arm Cynergy Business Finance Limited expand its lending to UK small businesses. Cynergy offers invoice based lending… Read More
Read more in: Global | Tagged british business bank, Cynergy Bank, uk, united kingdom
Cynergy Bank announces that it has secured a £20 million Tier 2 capital facility from British Business Investments. The capital will be deployed “across Cynergy Bank and Cynergy Business Finance.” The new funding from British Business Investments, “a wholly-owned commercial subsidiary of the British Business… Read More
Read more in: Fintech, Global | Tagged british business investments, capital facility, Cynergy Bank, europe, judith hartley, nick fahy, small businesses, smbs, sme's, uk, united kingdom
The British Business Bank has agreed to an initial £75 million ENABLE Guarantee with Cynergy Bank, according to a statement by the bank. The funds will guarantee a term loan portfolio of commercial real estate assets. There is an option to increase the amount to… Read More
Read more in: Global, Fintech | Tagged british business bank, Cynergy Bank, nick fahy, reinald de monchy, uk, united kingdom
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