{"id":2023,"date":"2023-05-09T06:58:00","date_gmt":"2023-05-09T06:58:00","guid":{"rendered":"https:\/\/smeloans.com\/?p=2023"},"modified":"2024-02-20T07:01:44","modified_gmt":"2024-02-20T07:01:44","slug":"kingsway-finance-secures-10m-for-sme-loans","status":"publish","type":"post","link":"https:\/\/smeloans.com\/index.php\/2023\/05\/09\/kingsway-finance-secures-10m-for-sme-loans\/","title":{"rendered":"Kingsway Finance secures \u00a310m for SME loans"},"content":{"rendered":"\n
\n

British Business Investments is providing Praetura Group\u2019s Kingsway Finance with a \u00a310m block discounting funding facility.<\/p>\n\n\n\n

The finance provider will use British Business Investment\u2019s capital to offer more loans to UK SMEs. It issues SMEs with loans from \u00a35,000 up to \u00a325m.<\/p>\n\n\n\n

Peadar O\u2019Reilly, CEO of Praetura Group\u2019s lending division, said: \u201cSMEs need funding on the right terms and at the right time, delivered by lenders who will ensure the needs of each individual business are prioritised.\u201d<\/p>\n\n\n\n

In 2022 the lending division had over \u00a3330m in loans on its balance sheet, according to Praetura Group.<\/p>\nhttps:\/\/www.uktech.news\/funding\/bank-finance\/kingsway-finance-10m-20230504<\/a><\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

British Business Investments is providing Praetura Group\u2019s Kingsway Finance with a \u00a310m block discounting funding facility. The finance provider will use British Business Investment\u2019s capital to offer more loans to UK SMEs. It issues SMEs with loans from \u00a35,000 up to \u00a325m. Peadar O\u2019Reilly, CEO of Praetura Group\u2019s lending division, said: \u201cSMEs need funding on the […]<\/p>\n","protected":false},"author":2,"featured_media":1946,"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":[23,38,24],"class_list":["post-2023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-loans","tag-sme-loans","tag-sme-sectors"],"_links":{"self":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/2023","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/comments?post=2023"}],"version-history":[{"count":1,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/2023\/revisions"}],"predecessor-version":[{"id":2024,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/2023\/revisions\/2024"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media\/1946"}],"wp:attachment":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media?parent=2023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/categories?post=2023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/tags?post=2023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}