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credit facility

  • Iwoca closes bumper debt facility as sale speculation mounts

    Fintech

    Small business lender Iwoca has inked a new £250m debt facility that will help it ramp up its lending power just days after it emerged it had instructed bankers to launch a sale process valuing it at north of £1bn. The fintech closed the credit line from a household name bank and private credit giant [...]

    Christoph Rieche (right) and James Dear (left) co-founded Iwoca in 2011.

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