SMEs

Lending secured by assets on a company’s balance sheet is a growing form of finance.

LPs are attracted by the strong performance of established players.

There is confidence that small businesses can hold up reasonably well in the face of macroeconomic challenges. The bigger issue may be access to financing.

A lack of finance options for small businesses puts many at risk of predators in the market.

A lack of financing in the past has made small businesses in southeast Asia resilient, a characteristic welcomed by the private debt managers now stepping into the funding gap.

The firm’s third fund focused on UK SMEs has already made seven investments and aims to hold a final close in the first half of 2023.

Former EmergeVest co-founder will launch an Asia private credit fund focused on providing financings for SMEs in Asia-Pacific.

The deal between the lending tech platform and the alternative asset manager will provide more capital for UK small businesses to invest and grow.

Plenty of capital is being raised for private debt, but not much of it is finding its way into UK SMEs

The firm’s third SME fund has received backing from new and existing investors including £30m from British Business Investments.