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Selina Finance is still actively lending and proud to be supporting UK SMEs in the current climate. Here’s an exciting facility we completed last week with our partners at Connect Mortgages.

Loan Type: Business Credit Facility

Credit Limit: £565,500

Security: Second charge on residential property

APR: 9.55%

About the client:

An industry leading metals fabrication business specialised in the use of high-precision laser cutting technology. The funds were required as part of a management buyout (MBO), allowing the applicant and company MD to buy out a fellow director.

How Selina Finance helped:

We were approached by our partners at Connect Mortgages in March to see if we could help fund a high-tech manufacturing business. Our Partnerships team worked closely with the client and their solicitors, and the adviser at Connect, to structure a facility that met the MD’s requirements, both in terms of funding and timing for the MBO. Our fast turnaround underwriting this case ensured the client had a facility in place and ready for the MBO acquisition completion date. …


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Another big announcement from the team at Selina Finance to follow on from our exciting news last week. We’ve just disbursed our first ever loan with our partners at Funding Options who are one of just 3 designated platforms chosen by the government-owned British Business Bank to help businesses find finance.

Loan type: Business Credit Facility

Credit limit: £200,000

APR: 7.10%

About the client:

A family business based in Middlesex, specialising in truck maintenance and repairs to major UK commercial operators including The Post Office and other blue chip clients.

Finance need:

Due to demand and capacity constraints, the client decided to take the leap and move operations into a new state of the art 22,000 sq.ft warehouse having spent the past twenty years operating in a local garage. …


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Selina Finance and Capitalise announce their first credit facility

2019 was a really busy year for us, so as we move into 2020, we thought we’d shed some light on an exciting case that we recently were able to finance in partnership with financial broker Capitalise.

Loan type: Business Credit Facility

Credit limit: £300,000

APR: 7.25%

About the client:

The recipient of the funds was a successful ground works and civil engineer company who was itself the client of a prominent accounting practice in Norfolk.

Finance need:

The funds were needed as part of a management buyout. …

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