Last year saw the alternative finance provider launch its upgraded technology platform, which is designed to complete deals quicker.
This was followed by new product launches as Nucleus looked to improve funding access for SMEs.
Nucleus also enhanced its asset-based lending by increasing its maximum loan size to £50m in July.
“I couldn’t be prouder of the team and what we achieved in 2017,” said Chirag Shah, CEO at Nucleus Commercial Finance (pictured above).
- Nucleus launches business cash advance product
- Praetura announces record-breaking year
- LDF supports UK SMEs with £500m in 2017
“Nucleus’ ongoing commitment to customer service and dedication to finding finance that fits – coupled with specialist industry expertise – has meant yet another year of growth.
“We finished the year having lent over £700m to UK SMEs to date, a significant contribution to UK PLC.
“This has enabled us to grow to more than 100 staff internationally, setting us up for further success in 2018.
“We are all looking forward to continuing to innovate to better serve our clients in the year ahead.”
The company has continued its success into 2018 by providing an £11m invoice finance facility to a chemical distribution and manufacturing group, and completed over 60 deals in property finance, cash flow finance and business cash advances.
Leave a comment