Finance

FDC secures £30m following year of record lending to SMEs

By 2023-05-31T09:22:00

money-2724235_960_720

Frontier Development Capital (FDC) has raised a further £30m from existing investors West Midlands Pension Fund and British Business Investments after completing a record year for investment.

The additional funding will increase the size of its FDC debt fund to £105m and brings its total funds under management to £445m.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue