Greensill accredited by the British Business Bank to provide the CLBILS invoice finance program


LONDON, June 12, 2020 / PRNewswire / – Greensill, the world’s leading provider of working capital finance to businesses and individuals, is pleased to announce that it has been approved by the British Business Bank as a new accredited lender to provide invoice finance via the Coronavirus Large Business Interruption Loan Scheme (CLBILS).

Greensill is the first fintech to be included in the CLBILS program and is the only accredited lender to provide invoice finance facilities to qualifying businesses.

This facility will be of crucial importance in providing financial support to medium and large UK businesses which are currently experiencing a cash flow disruption.

Greensill is the leading provider of working capital financing to businesses and individuals around the world. In 2019, he provided 143 billion dollars of financing to more than 8 million customers and suppliers in more than 175 countries. Volumes, year over year, increased 115% in the first four months of 2020. Greensill believes its inclusion in the CLBILS program is recognition of its very effective track record in transmitting capital to the real economy, where they are needed most.

Lex greensill, Founder and CEO of Greensill, said: “I am delighted that Greensill has been selected as a CLBILS Accredited Lender by the British Business Bank. Ensuring that capital reaches the real economy, where it is needed most, is an integral part of Brittany broader economic recovery. Greensill is fully committed to supporting UK businesses in their fight against COVID-19 and we will do our utmost to ensure that businesses of all sizes have access to the capital they need. ”

About Greensill
Greensill challenges the status quo by striving to make global finance fairer and level the playing field for all businesses and individuals. The company is advancing money so that the world can implement it.

Founded in 2011, Greensill is headquartered in London with offices in new York, Frankfurt, Chicago, Miami, Singapore, Bogota, Shenzhen, Abu Dhabi, Johannesburg, Sydney, Warrington and Bundaberg. Greensill offers innovative financing solutions to its clients through Europe, North America, Latin America, Middle East, Africa, and Asia – inject more than 143 billion dollars of financing in 2019 to more than 8 million customers and suppliers in more than 175 countries.

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SOURCE Greensill


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