Got Capital, a specialist unsecured SME financier, has strengthened its partnership with Shawbrook following a recent increase in its committed debt facility.
Got Capital is a provider of specialist finance to small and medium enterprises (SMEs).
With its flagship product of Royalty-based Investments, Got Capital are able to provide interest-free short- and medium-term funding of £1,000 to £200,000 to thousands of UK-based small businesses each year.
Shawbrook and Got Capital have a longstanding relationship, commencing in 2018 when the bank’s speciality finance team put in place the new lender’s first committed funding line.
Since then, Got Capital has seen significant growth in its portfolio, year-on-year, having more than doubled their funding activity.
Shawbrook has renewed and increased its facility limit until March 2025 and will continue to work with Got Capital, as the business continues to scale.
Alex Afek, director at Got Capital, said: “We are delighted that Shawbrook’s vision aligns with our own, namely, a commitment to support the UK’s SME community with funding opportunities catered to the needs of modern-day business owners.
“As our own business has grown, Shawbrook has continually reaffirmed their commitment to the cause, highlighting the strength and value of our long-term partnership.”
Ahmed Khan, associate director, speciality finance at Shawbrook, added: “We’re delighted to once again support the team at Got Capital, building on the relationship we have built over the past five years.
“The Got Capital management team has a wealth of knowledge in the field and we are very happy to support innovation and choice in the SME lending market.
“The business has gone from strength to strength, helping to create opportunities for SMEs in the UK, and we’re looking forward to seeing the Got Capital team continue to grow and achieve over the next five years and beyond.”
