Sunday, 24 June 2018

Barclays to lend £100m to tech start-ups

By Nick Wood, Total Telecom
Friday 01 May 15

U.K. bank pitches debt finance as preferable alternative to equity investment for budding companies.

Barclays on Friday launched a £100 million fund that it will use to provide debt financing to U.K. tech start-ups. The bank will lend up to £5 million to budding businesses, repayable over three years. To be eligible, a company needs proof that it has secured venture capital funding…

Barclays on Friday launched a £100 million fund that it will use to provide debt financing to U.K. tech start-ups. The bank will lend up to £5 million to budding businesses, repayable over three years. To be eligible, a company needs proof that it has secured venture capital funding…

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