Wall Street

Assetz Capital snags £200m to bolster small business support in mortgage lending

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City AM

By Millie Turner Assetz Capital has snagged £200m in investment to help support smaller businesses through the UK’s economic turbulence, City A.M. can reveal today. The British lender, which allows private and institutional investors to loan money directly to small businesses (SMEs) and property developers, can now lend up to £900m in commercial mortgage lending. The funding, from London-based Aeon Investments, will be injected over the next three years, and will see Assetz further diversify its mortgage lending and bolster its capacity to lend to the UK’s SMEs. The Aeon investment is the late…

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