Esme Loans hits £100m of lending mark to SMEs

By John Reynolds on Thursday 5 December 2019

Alternative Lending

Natwest-backed bank aims to double overall lending in 2020.

Esme Loans hits £100m of lending mark to SMEs
Image source: Image provided by NatWest

Natwest backed Esme Loans has achieved £100m of lending to UK SMEs.

Richard Kerton, CEO, Esme Loans (pictured), said “We’re extremely proud to have reached this crucial milestone in Esme’s growth. It has been a really encouraging year, and we’re delighted that so many SMEs have chosen to grow their business with us since our launch."

"In the last two and a half years we’ve seen the SME sector in the UK thrive, with many businesses showing disruption and innovation."

"As we look to the year ahead, we’re ready to support more businesses than ever before - but in the meantime, we would simply like to thank each and every one of our customers for choosing Esme.”

Esme Loans, which was founded in 2016, aims to double its overall lending in 2020.

It said it hit the £50m mark of lending in April this year, a figure which has now doubled to reach the £100m mark.

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