Vilnius-based SME lender Finbee has secured an additional €20 million from private capital asset manager Pollen Street Capital, increasing its senior secured credit facility from €35 million to €55 million. The expanded facility will enable the Vilnius-based company to increase its maximum loan size from €250,000 to €800,000, offer longer repayment terms and improve pricing for small and medium-sized businesses in Lithuania. The funding builds on a partnership established in July 2024 and will help Finbee Verslui expand its lending to larger SMEs and businesses seeking working capital, as tighter bank lending conditions continue to constrain access to finance. Since its launch in 2017, the company has originated more than €180...
Läs hela artikeln hos källan.
Kommentarer (0)
Inga kommentarer ännu. Bli först med att kommentera!