Legion Trade Finance has continued to grow its presence in the region with three new deals.
The latest deals provide £1.3 million of new funding to a diverse range of businesses across the UK, including: a £1 million stock purchasing facility for an engineering group, a £110,000 term loan for a fireworks company and a £200,000 supplier payment facility for an LED distributor.
Legion Mike Yiannis said: “We are delighted to have completed three new deals which exemplify our various solutions and diversity of businesses we can support.
“We continue to experience strong demand from SMEs and expect to announce more deals in the coming weeks.”
Legion is an independent financier which provides working capital solutions to UK companies.
It offers supplier payments and supply chain finance, stock loans, letters of credit and structured finance for special situations.