Banking services provider LHV UK will start offering loans starting at £500,000 to small and medium enterprises (SMEs) after being accepted on the Financial Conduct Authority’s (FCA) money laundering registry.
It means LHV UK can now provide businesses with loans that are supported by commercial real-estate and comes at a time when many businesses are facing a more challenging funding landscape.
LHV UK provides financial services to cryptoasset firms Blockchain.com and Coinbase, as well as the international payments firm Wise.
https://www.uktech.news/fintech/lhv-uk-loans-20221220