BNPP AM enters SME loan market with Code partnership

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BNP Paribas Asset Management has completed its first SME unsecured loan to Hampshire-based care provider Apex Prime Care as part of a new partnership with debt finance platform Code Investing.

As a key origination partner for BNPP AM’s SME alternative financing platform, Code arranges unsecured loans of up to £5m to small and media enterprises across the UK. The eight year unsecured loan provided to Apex Prime Care will finance its growth strategy to offer more domiciliary care services.

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