Britain’s SMEs have been given a boost with the announcement of a multi-million pound deal structured by CAS Managing Director Zac Cogan which sees asset finance lender The Business Lending Exchange (BLX) reach an agreement with Isle of Man-based Conister Bank for a £4m funding facility. This new facility will immediately be put to work with BLX looking to lend to a customer base of start-ups, sole traders and small businesses with advances of between £1,000 and £30,000. Further, BLX is also promising to give a decision within one hour of receiving an enquiry and lends money secured on assets such as vehicles and machinery. Follow this link for the full story
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