Shawbrook has seen a surge in demand for its digital small and medium sized enterprise (SME) lending solutions, noting a 125% year-on-year increase in applications.
To meet this growing need, Shawbrook has invested heavily in its digital platform and expanding its team.
This team expansion follows three consecutive months of record growth for Shawbrook’s Digital SME business.
The additional team members will play a key role in supporting Shawbrook’s broker partners and directly assisting SMEs in securing the capital they need to fuel their growth ambitions.
Stuart Doignie, managing director of the Digital SME team at Shawbrook, said: “The significant increase in demand from SMEs seeking funding solutions reflects the strong entrepreneurial spirit in the UK.
“We’re committed to providing brokers and their SME clients with the tools and support they need to thrive.”
He added: “We pride ourselves on providing exceptional service and innovative solutions.
““Our talented new team members will be instrumental in delivering this commitment. We will continue to invest in our digital platform and develop new products like the CapEx Term Loan to ensure SMEs have access to the resources they need to succeed.”
