YouLend secures deal to extend £4bn in financing to SMEs

YouLend, a global finance platform, has closed a private securitisation deal with JP Morgan as a senior lender and Castlelake, L.P. providing subordinate debt. Based on this agreement, YouLend will be able to provide £4bn, in additional revenue-based financing to small and medium-sized enterprises (SMEs) across the EU and the UK.

The collaboration will provide underserved SMEs with additional funding and help bridging their funding gap.

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