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Propel Finance

Fintech · Newport, GB

Asset finance provider funding equipment, vehicles and technology for UK SMEs.

Funding history

DateRoundAmount
Jul 2025Debt
Propel Finance secured £1.5B in debt funding from Barclays, Bank of America, Citi and the British Business Bank to more than double its SME lending capacity.
$1.9B
Aug 2022Debt
London asset-finance lender Propel Finance completed a 500M pound (592M euro) financing round, including a Citi private securitisation and Quilam mezzanine facility, to fund UK SMEs.
$592M

Investors

Bank of AmericaBarclaysBritish Business BankCitiQuilam Capital

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