Shaw & Co is proud to announce that it has joined the Caple Partner Network.
Shaw & Co is proud to announce that it has joined the Caple Partner Network. Caple is a provider of alternative credit for small to medium-size companies. The partnership will allow Shaw & Co to introduce SMEs to unsecured loans of £0.5m to £5.0m to support a wide variety of activity.
Loans are designed to support existing banking facilities and the proprietary technology platform developed by Caple, to which partners such as Shaw & Co have access, allow for rapid loan drawdowns. Target application to drawdown times are between three and four weeks.
The technology platform supports an efficient end-to-end credit application, combining origination by local partners with credit assessment by Caple’s experienced credit analysis teams. Caple’s technology also ensures transparency and standardisation of loan terms and documentation. Financing takes the form of unsecured loans with a tenor of five to eight years with no personal guarantees, debentures or charges.
Access to this credit is exclusively through the Caple Partner Network.
We are delighted to become a partner of Caple. I believe that the teams at Caple and Shaw & Co. are absolutely aligned in responding to the paradigm shift in SME lending. "
Shaw continued: "As an early member of the Caple Partner Network we hope to be a key conduit for SMEs to access funding that will address significant gaps created in the changed landscape of the traditional lenders. This is very much a complementary product to those lenders and we look forward to working with them to bring increased liquidity and economic growth to our region.”
Dominic Buch, Managing Partner of Caple said “Client-focused and entrepreneurially-led, Shaw & Co are well-positioned to be an excellent Caple Partner. The team at Shaw & Co has already demonstrated the important role a trusted, professional adviser plays in helping good businesses access suitable finance”
This announcement follows closely after the completion of the MBO of Baltimore Consulting which was delivered using a £1.5m loan from Caple which allowed management to retain 100% of the equity.
Baltimore Consulting is an award winning recruitment specialist supplying candidates to local government and the NHS. Find out why Baltimore's management team came to us to help with a management buyout.
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