Love Finance secures £45m in debt financing to expand direct lending for SMEs.

Love Finance has secured £45m in a debt financing package comprising a £35m revolving credit facility from Paragon Bank and a £10m junior medium term note programme from LGB Capital Markets. The capital will enable the firm to lend directly from its own balance sheet, accelerating decision making and expanding its loan book.

Founded in 2016, the business has grown rapidly without external equity, expanding revenues significantly over recent years. The new financing facility allows the company to transition further into direct lending while preserving the operational flexibility that characterised its brokerage model.

Paragon Bank and LGB Capital Markets provided the debt package to support the company as it scales its operations across the UK SME lending market.