- HSBC UK expands ‘Growth Lending’ fund from £250M to £350M due to increased demand from high-growth tech scale-ups.
- Fund launched in response to the UK Government’s call for additional investment in the tech sector.
- Scale-ups seeking funding need strong equity backing, a proven sales track record, and a clear path to profitability.
- Up to £15M available for early-stage growth ambitions.
- HSBC offers international expertise to support businesses in achieving global ambitions early in their journey.
- In the first year, Growth Lending supported regional economies, with 50% of deals outside London.
- Roland Emmans, head of UK tech sector at HSBC, emphasizes the commitment to enhancing the tech ecosystem in the UK.
HSBC expands technology scale-up lending by £100 million
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