NatWest Provides £200m Funding Facility to Nucleus Commercial Finance

Nucleus Commercial Finance has made a significant move in the finance industry by securing a £200 million funding facility from NatWest. This partnership will enable Nucleus to provide much-needed support to UK SMEs in the form of business loans. The collaboration between these two financial powerhouses is set to make a positive impact on the business landscape, offering opportunities for growth and development.

Nucleus Commercial Finance, a UK SME lender, has recently announced securing a funding facility of up to £200 million from NatWest. This funding will be used to further support small and medium-sized businesses in the UK through their Nucleus Business Loan product. With this new facility, Nucleus Commercial Finance's total lending capacity has now reached £900 million, allowing them to assist over 2,000 SMEs in the UK.

The Nucleus Business Loan product offers both short and long-term unsecured loans to UK SMEs, with the ability to access up to £2 million. The company's AI-led automated underwriting system enables quick loan decisions, with approvals being made in just minutes. This streamlined process will provide much-needed financial support to SMEs, helping them to grow and thrive in the current economic climate.

Nucleus Commercial Finance's partnership with NatWest and the additional funding facility of £200 million will greatly benefit small and medium-sized businesses in the UK. The increased lending capacity will enable Nucleus to continue providing vital financial support to SMEs, ultimately contributing to the growth and success of these businesses.