Swoop Funding is pleased to announce a partnership with
Borrowers can access funds between
Swoop’s offering fills a market gap for SMEs that need debt financing to support growth without having to provide collateral. These loans are the latest addition to Swoop’s growing line of financial products targeting SMEs and their advisors, including traditional sources of finance such as debt and equity, alternative sources such as bill finance and assets, business subsidies, etc.
The loans will be part of BNPP AM’s direct SME alternative finance lending activity, which enables SMEs to access long-term unsecured finance in the
StÃ©phane Blanchoz, Head of Alternative Financing for SMEs at
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Notes to Editors:
Swoop’s matching platform helps start-ups and SMEs access finance in the form of equity, debt and grants. She looks for the best financing solutions according to the stage of development and the sector of activity of the company. Swoop can also help businesses identify savings and reduce costs in areas such as banking, foreign exchange, insurance, utilities, and broadband. Advice and guidance is provided for, among others, business current accounts, international payments, energy, bad debt protection and collection, and insurance. Swoop was named to the ‘Hot Ten’ list for the Global Fintech 50 for 2019.
For more information, visit www.bnpparibas-am.com. For more information on alternative financing for SMEs at BNPP AM, visit https://smealternativefinancing.bnpparibas-am.com.
For more information:
+44 7918 941669