Newable becomes first non-bank lender to be accredited under UK Export Finance’s General Export Facility programme

By Natasha Boumediene

This makes Newable the first non-bank lender to join the initiative which includes five existing lenders; HSBC, Santander, Barclays, Lloyds and NatWest. The export finance scheme was launched in December 2020 and was first available in March 2021, designed to provide exporting SMEs access to working capital to support through their COVID-19 recovery journey. Announced … Continued