British Business Investments provides new finance facility to Liberis
Press release
Small business finance provider, Liberis, has secured £55m in combined funding after entering into new financing facilities with British Business Investments, Paragon Bank, and BCI Ltd. This builds on Liberis’ existing relationship with British Business Investments – the commercial arm of the British Business Bank.
The new funding will enable the London-based alternative finance provider, which provides the innovative business cash advance, to expand its product offering to UK smaller businesses.
A big part of our role is to increase the overall supply and diversity of finance – both product and provider – on offer to UK smaller businesses. We welcome Liberis’ innovative approach and look forward to more of our funding reaching companies through this alternative to traditional finance.
- Catherine Lewis La Torre CEO of British Business Investments
More details about Liberis can be found on the Liberis website.
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