Boost Capital, a UK-based specialist business lender, secured a new £15m credit line.
American investment firm Atalaya Capital Management provided the financing.
The new line will enable Boost Capital to support UK SMEs.
Led by Managing Director Alex Littner, Boost Capital is a specialist provider of business loans to SMEs across a range of sectors. They provide unsecured finance for any business expense from £3k to £500k with a focus on fast and hassle-free funding, in as little as 2 days.
Boost Capital is the UK arm of BFS Capital, a US technology-enabled business financing platform which has been serving small businesses across the US and Canada since 2002.
Together, Boost and BFS have funded more than 17,000 businesses and lent over £1bn to date.