{"id":1346,"date":"2023-05-23T05:54:50","date_gmt":"2023-05-23T05:54:50","guid":{"rendered":"https:\/\/smeloans.com\/?p=1346"},"modified":"2024-01-05T06:51:53","modified_gmt":"2024-01-05T06:51:53","slug":"lhv-bank-ramps-maximum-sme-loan-size-to-5m","status":"publish","type":"post","link":"https:\/\/smeloans.com\/index.php\/2023\/05\/23\/lhv-bank-ramps-maximum-sme-loan-size-to-5m\/","title":{"rendered":"LHV Bank ramps maximum SME loan size to \u00a35m"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Less than a fortnight&nbsp;<a href=\"https:\/\/www.altfi.com\/article\/10667_lhv-bank-lands-uk-banking-license\">after it secured its UK banking license<\/a><a href=\"https:\/\/www.altfi.com\/companies\/lhv\">LHV&nbsp;<\/a>Bank is going after the SME mid-market lending market.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.altfi.com\/companies\/lhv\">LHV&nbsp;<\/a>Bank, formerly the&nbsp;UK arm of Estonian financial services giant AS&nbsp;<a href=\"https:\/\/www.altfi.com\/companies\/lhv\">LHV&nbsp;<\/a>Pank but now a separate entity and part of the listed&nbsp;<a href=\"https:\/\/www.altfi.com\/companies\/lhv\">LHV&nbsp;<\/a>Group,&nbsp;will now offer loans up to \u00a35m.<\/p>\n\n\n\n<p>After acquiring the collapsed fintech lender Bank North last&nbsp;<a href=\"https:\/\/www.altfi.com\/companies\/october\">October,<\/a><a href=\"https:\/\/www.altfi.com\/companies\/lhv\">LHV&nbsp;<\/a>has been ramping up its SME lending. Previously so far it has kept this closer to competing with the likes of&nbsp;<a href=\"https:\/\/www.altfi.com\/companies\/funding-circle\">Funding Circle&nbsp;<\/a>with its largest loan at c.\u00a32m.&nbsp;<\/p>\n\n\n\n<p>Now it has moved up to offer larger loans bringing it more sharply into competition with mid-market lenders such as&nbsp;<a href=\"https:\/\/www.altfi.com\/companies\/allica-bank\">Allica Bank,<\/a><a href=\"https:\/\/www.altfi.com\/companies\/oaknorth\">OakNorth&nbsp;<\/a>and&nbsp;<a href=\"https:\/\/www.altfi.com\/companies\/shawbrook\">Shawbrook Bank.<\/a><\/p>\n<cite><a href=\"https:\/\/www.altfi.com\/article\/10702_lhv-bank-ramps-maximum-sme-loan-size-to-5m\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.altfi.com\/article\/10702_lhv-bank-ramps-maximum-sme-loan-size-to-5m<\/a><\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Less than a fortnight&nbsp;after it secured its UK banking licenseLHV&nbsp;Bank is going after the SME mid-market lending market.&nbsp; LHV&nbsp;Bank, formerly the&nbsp;UK arm of Estonian financial services giant AS&nbsp;LHV&nbsp;Pank but now a separate entity and part of the listed&nbsp;LHV&nbsp;Group,&nbsp;will now offer loans up to \u00a35m. After acquiring the collapsed fintech lender Bank North last&nbsp;October,LHV&nbsp;has been ramping [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":983,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[37],"tags":[47],"class_list":["post-1346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-sme-loan-uk"],"_links":{"self":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/comments?post=1346"}],"version-history":[{"count":1,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1346\/revisions"}],"predecessor-version":[{"id":1347,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1346\/revisions\/1347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media\/983"}],"wp:attachment":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media?parent=1346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/categories?post=1346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/tags?post=1346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}