Traditional funding for a modern economy
Triple Point helps to relieve the funding pressures faced by both the public and the private sectors, and to support the organisations that banks used to serve. Whether it’s leasing ambulances to the NHS or credit card terminals to start-ups, we provide business critical funding to help keep them moving.
Traditional funding for a modern economy
Triple Point helps to relieve the funding pressures faced by both the public and the private sectors, and to support the organisations that banks used to serve. Whether it’s leasing ambulances to the NHS or credit card terminals to start-ups, we provide business critical funding to help keep them moving.
Triple Point supports UK businesses who fall into the missing middle between traditional banks and smaller financial institutions. We help to maximise their growth potential whilst having a positive impact on communities and the UK economy.
Our specialist teams offer senior term loans and working capital loans for up to five and three years respectively to support UK trading businesses. We lend to provide business models and the cash flows generated by the borrower, not purely against specific assets, making our funding more flexible. Prompt responses and swift decision-making processes ensure that borrowers are not kept waiting, as the case can be with traditional lenders.
Triple Point supports UK businesses who fall into the missing middle between traditional banks and smaller financial institutions. We help to maximise their growth potential whilst having a positive impact on communities and the UK economy.
Our specialist teams offer senior term loans and working capital loans for up to five and three years respectively to support UK trading businesses. We lend to provide business models and the cash flows generated by the borrower, not purely against specific assets, making our funding more flexible. Prompt responses and swift decision-making processes ensure that borrowers are not kept waiting, as the case can be with traditional lenders.
Triple Point is approved by the British Business Bank as an accredited lender to provide loans through the Recovery Loan Scheme (RLS).
The Recovery Loan Scheme (RLS) launched on 6 April 2021 and supports access to finance for UK businesses as they recover and grow following the Covid-19 pandemic.
RLS can be used for business purposes, including managing cashflow, investment and growth. It is designed to support businesses that can afford to take out additional finance for these purposes. Businesses who have taken out a CBILS, CLBILS or BBLS facility are able to access the new scheme.
A key aim of the Recovery Loan Scheme is to improve the terms on offer to businesses, but if a lender can offer a business the choice of a commercial loan on better terms, without requiring the guarantee provided by the RLS, they should do so.
The scheme will run until 30th June 2022, subject to review.
Triple Point is approved by the British Business Bank as an accredited lender to provide loans through the Recovery Loan Scheme (RLS).
The Recovery Loan Scheme (RLS) launched on 6 April 2021 and supports access to finance for UK businesses as they recover and grow following the Covid-19 pandemic.
RLS can be used for business purposes, including managing cashflow, investment and growth. It is designed to support businesses that can afford to take out additional finance for these purposes. Businesses who have taken out a CBILS, CLBILS or BBLS facility are able to access the new scheme.
A key aim of the Recovery Loan Scheme is to improve the terms on offer to businesses, but if a lender can offer a business the choice of a commercial loan on better terms, without requiring the guarantee provided by the RLS, they should do so.
The scheme will run until 30th June 2022, subject to review.
