Deals / 16 Jun 2026
Propel Finance: Warehouse, £75m
The British Business Bank provided UK asset finance lender Propel Finance with a new £75m ENABLE Funding warehouse facility.
- Borrower
- Propel Finance, United Kingdom · SME lender
- Announced
- Facility
- Warehouse · New
- Size
- £75m
- Funders
- British Business Bank (lender)
- Asset class
- Equipment
- Assets originated in
- United Kingdom
- Notes
- Announced together with the Bank's investment in Propel's Velocity 2026-1 public securitisation, its first in a public ABS. The Bank has funded Propel through warehouse facilities since 2016.
- Source quality
- Confirmed: announced by the borrower or a funder itself. How we check
- Last checked
- 7 Nov 2026
Sources
- British Business Bank · primary · 16 Jun 2026
- Propel Finance · primary
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