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Nucleus Commercial Finance secures £200m funding facility from NatWest | Fintech InShorts: Latest fintech news, analysis by experts

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Nucleus Commercial Finance secures £200m funding facility from NatWest

By Laura M

December 3, 2023

UK SME lender Nucleus Commercial Finance secures £200 million funding from NatWest.
The funding increases Nucleus’ total lending capacity to £900 million.
Nucleus aims to support over 2,000 small and medium-sized UK businesses with its Nucleus Business Loan.
Nucleus Business Loan offers up to £2 million to UK SMEs with an AI-led automated underwriting system for quick decisions.
CEO Chirag Shah states that 96% of loan decisions are made in under one minute, thanks to tech investments, including AI and open banking initiatives.
The company’s tech-driven approach streamlines the lending process, providing fast and accessible financing for SMEs.

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