UK small business lessor D&D Leasing has negotiated a funding facility with Conister Bank.
The funding, arranged through Grant Thornton, will allow D&D to grow business volumes and expand its product base.
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Bill Dost, D&D managing director, said the funding was "significant" and that he was "excited" by the partnership with Conister. He added: "We both believe in the success of the SME and entrepreneurial sector and this partnership supports us in achieving the strategic goal of becoming the leading choice of finance for this segment in the UK."
D&D, which operates primarily through the broker channel, offers lending facilities to businesses with a turnover of less than £5m (6.2m) with average ticket sizes of around £15-20,000, to a max of £50,000.
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