
British Business Bank agrees second £350m ENABLE Guarantee transaction with DF Capital
The new deal will back inventory finance through DF Capital’s commercial floorplan and unit stocking solutions.Â

The new deal will back inventory finance through DF Capital’s commercial floorplan and unit stocking solutions.Â

The move aims to increase lending capacity for UK smaller businesses.

Construction received £1.7bn and real estate received £655m.

The transaction will support Cynergy Business Finance’s invoice finance lending and is the first ENABLE Guarantee to support this asset class.

This second increase brings the British Business Bank’s total transaction to £300m and will help provide Oxbury with £150m of additional lending capacity.

The British Business Bank has agreed to use its ENABLE Guarantee programme to support a senior facility of up to £100m provided by Paragon Bank to LE Capital.

This transaction builds on the £250m which was agreed through the first facility increase, announced in August 2023.
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