iwoca

iwoca, one of Europe’s largest SME lenders, has successfully secured a new £250 million debt facility from a leading UK bank and Waterfall Asset Management. This significant funding round is aimed at expanding iwoca's capacity to provide flexible finance to more small and medium-sized enterprises across the UK.

Summary of transaction details:

• Value: £250 million
• Sector: Fintech
• Advisor: Not specified
• Key Entities: iwoca (Target), A leading UK bank and Waterfall Asset Management (Investors)
• Location: UK

Note: This debt facility will enable iwoca to further scale its lending operations, addressing the growing demand for finance among UK SMEs for activities such as scaling up, investing in equipment, and seizing growth opportunities, building on a period of sustained growth for the company.