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London-based Shawbrook Bank is a specialist savings and lending bank founded in 2011 to offer small and medium-sized businesses and consumer customers in the UK a range of lending and saving products.
Shawbrook sought finance from British Business Investments through participation in a new Tier 2 note issue. This gave the company the flexibility it needed to:
The finance British Business Investments provided allows Shawbrook to provide continued support to smaller businesses across the UK; companies like the Bolney Wine Estate, based in Sussex. It received a £3.5m asset-based lending facility from Shawbrook to support the development of its estate and provide a more flexible working capital facility.
Shawbrook’s finance meant the Bolney Wine Estate could expand its production facilities and will help it reach its goal of producing 300,000 bottles of premium still and sparkling wines by 2022.BACK