Lender hits £30m milestone

SHORT-term SME funding specialist Creative Capital is celebrating hitting the £30m lending milestone and its fifth anniversary.

Established in 2010, the alternative funder, based in Tarporley, Cheshire structures cash flow and working capital facilities including selective invoice finance, trade finance and bad debt protection on a tailored, transaction-by-transaction basis.

Creative Capital is led by a team of experienced business finance professionals with the backing of private investors.

The owner-managed funder’s 10-strong team has lent £30 million over five years to support the growth plans of SMEs across a diverse range of sectors such as construction, wholesale and manufacturing.

Dai Rees, Director of Creative Capital, said: “Our rapid development over five years reflects the need amongst small businesses for alternative lenders who are responsive and aligned with their demands and requirements.”

“We’ve found our simple but flexible facilities resonate with owners who need certainty and confidence to get on and grow. They’re tired of being hamstrung by lack of access, slow decisions, hidden charges or onerous contracts. They find our straightforward approach a breath of fresh air.”