Iwoca closes bumper debt facility as sale speculation mounts

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Small business lender Iwoca has inked a new £250m debt facility that will help it ramp up its lending power just days after it emerged it had instructed bankers to launch a sale process valuing it at north of £1bn.

The fintech closed the credit line from a household name bank and private credit giant https://www.cityam.com/iwoca-inks-fresh-credit-line-as-sale-speculation-mounts/">[...]