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Barclays injects GBP 100 mln into tech companies
2015-05-04 14:33:00| Telecompaper Headlines
(Telecompaper) Barclays launched a new GBP 100 million fund to help fast growing technology businesses accelerate to the next level. The new drive will see the bank backing some of the most innovative UK technology businesses with lending of up to GBP 5 million, repayable over three years. Until now, this type of lending has not been widely available to UK businesses, whereas their US counterparts have been able to grow rapidly through access to debt finance.
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