Record first quarter for SME specialist lender Praetura Group
Praetura Group, the Manchester-based finance firm, said its lending division has seen a record-breaking start to the year.
Its lending offers SMEs an alternative to traditional institutional lenders, providing funds of between £5,000 to £20m.
During the first quarter, Praetura Asset Finance and Kingsway Finance have recorded their highest lending levels, lending more than £20.7m through asset finance and term loan facilities to SMEs across the UK.
Praetura Asset Finance has seen a 20% increase in the number of deals writte... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
