Shawbrook partners with SME credit fintech Caple

Shawbrook Bank has launched a new strategic relationship with alternative SME credit fintech, Caple.

The specialist savings and lending bank suggested the move will significantly expand Caple’s lending-as-a-service offer.

Caple, which utilises a network of advisory firms and a technology-enabled engagement model that serves to standardise and streamline the lending process for larger firms, provides banks and institutional investors with an efficient way to access and lend to larger SMEs – with the 36,000 UK firms turning over between £1m and £50m.

For Shawbrook, the new partnership will see Caple complement its existing corporate lending business which already serves mid-market SMEs with cashflow loans and ABL facilities, for a variety of commercial purposes including MBOs, investing for growth, refinance and acquisitions.

Shawbrook managing director of business finance, Neil Rudge, commented: “These established businesses, generating significant income and employing huge numbers of people in every sector and region across the UK, are extraordinarily diverse and their funding needs can often be complex.

“Shawbrook already provides a broad range of specialist funding products to address many of these needs, and working with Caple we can effectively and efficiently deploy capital to even more.”

The move makes Shawbrook the second lender with whom Caple provides lending-as-a-service, following its strategic alliance with BNP Paribas Asset Management launched in 2019.   

Caple co-founder and managing partner, Dominic Buch, added: “As our strategic relationship with Shawbrook shows, we are both completely aligned in our purpose to close the ‘missing middle’ funding gap. Despite being small in number, missing middle firms make a disproportionate contribution to the economy, employing 3.5m people and turning over £639bn combined.

“The private sector must find economic ways of supporting them. Working with Shawbrook, we intend to play our part in doing just that.”

    Share Story:

Recent Stories


Will open banking revolutionise the lending industry
Adam Cadle speaks to Jack Tenwick, Head of UK Sales, Yolt Technology Services, about how to get the most out of your lending business and the role of open banking

Mortgage Insider Series 2 Episode 5: Outlook for the UK economy
Listen to our latest episode where we discuss the outlook for the UK economy. We hear from William Hobbs, Chief Investment Officer at Barclays Investment Solutions, who gives his view on what lies ahead for the UK after an unprecedented year of lockdowns, economic turbulence and business uncertainty.

FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.