Funding Circle adds Castlelake in £500m UK SME forward flow deal
The commitment will run over a two-year period.
Funding Circle today announced a new forward flow agreement with Castlelake that will provide up to £500m of committed funding to UK small businesses over a two-year period. Castlelake is a new Funding Circle investor.
Funding Circle has described the Castlelake arrangement as expanding its funding base. Funding Circle has also renewed a £200m forward flow agreement with Deutsche Bank, extended its strategic partnership with TPG Angelo Gordon and Barclays through a £300m forward flow deal, and strengthened its partnership with Waterfall Asset Management through a new £700m deal and a £750m renewal.
Sources: fundingcircle.com · corporate.fundingcircle.com


