Shawbrook extends its partnership with One Stop Business Finance (OSBF) by providing a £65m revolving loan facility to Castelnau Group, a closed-ended investment company. This marks the fifth increment in six years, deepening the relationship between Shawbrook and OSBF. OSBF, founded in 2014, specializes in asset-based financial services for SMEs.

OSBF, based in Yorkshire, England, initially engaged with Shawbrook in 2019 for a £3m revolving credit line, which has since been increased. The company recently surpassed a milestone with its loan book exceeding £50m. Shawbrook’s specialty and fund finance director, Matthew Newman, highlighted the positive impact OSBF has had on UK SMEs.

In a parallel move, Shawbrook arranged a £65m revolving loan facility for Castelnau Group, managed by Phoenix Asset Management Partners. Castelnau invests in UK-based small to mid-cap private companies, focusing on sustained value growth and strategic capital deployment. Shawbrook is confident in Castelnau’s strong business model and track record.

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Read more at Yahoo Finance: Shawbrook extends OSBF partnership and offers loan facility to Castelnau