Silvr, a Parisian innovative neo-lender, focused on serving small and medium-sized enterprises (SMEs), has revealed the signing of a new securitised facility of up to €200m with Citi and Channel, backed by the loans it originates to SMEs. The initial facility will be of €67m, with increases subject to lenders’ consent.
This transaction comes “just one year after Silvr raised its first debt facility for €112m.”