2017 was a big year for Nucleus, we more than doubled our team size in the UK, opened a new Indian office and lent over £350m to UK SMEs. Here, we look back at just a few highlights from the year.
We kicked off the year with big investment in our technology to improve customer experience and allow us to fund deals even faster.
An 11 months-in-the-making Property and Invoice Finance package, providing a £3.8m funding line to a specialist construction firm with a Hinkley Point C contract.
Bridging and Commercial covered the news story.
We were announced winners in Business Money's 'Excellence in Product Development' category.
Announced as the winner in the 'Best SME lender' category at the Credit Awards.
Launched our brand new look and introducer brochure at NACFB.
We also enhanced our Asset Based Lending offering - £10k to £50m to accommodate smaller and mid-market businesses, at either end of the spectrum.
Support of the British Manufacturing industry with an £8m deal provided to Midlands business Expert Tooling Automotive Ltd.
Using 5 years of anonymised invoice data we launched a campaign to arm SMEs with the facts about payment in our 'The Problem with Payment' campaign.
We also launched our brand new introducer newsletter based on your feedback.
Business Cash Advance product launch. Clients can borrow up to 125% of their monthly card volumes, from £5,000 to £150,000+
We finished 2017 with £700m total lent, over 100 staff worldwide and were delighted to announce that our CEO, Chirag Shah was selected to receive the Acquisition International award for UK Corporate Finance CEO of the Year.
Here is to an even better 2018!