- 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.
