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Barclays and Google to bring funds to SMEs

UK
Uncategorized
Lending, Technology

(12 October 2015 – United Kingdom) Barclays and Google for Work (GfW) have collaborated to invest in fast-growing UK partners by launching a pilot lending programme.

Barclays is the first UK bank participating in a programme of this kind and has signed up as part of its on-going commitment to SME growth in the UK.

The purpose of the programme is to give eligible GfW partners access to low-interest financing, allowing them to finance strategic growth initiatives, hire additional staff, and invest in future expansion.

Matt Tuck, Head of Global Corporate Banking at Barclays said: “This programme will give SMEs the chance to invest and grow,”

“We look forward to exploring how we can further work with our Global Corporate clients to support sustainable economic growth in the UK by identifying new ways to help smaller companies prosper and develop.”

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