Shawbrook Expands Support for SMEs with Increased Facility for One Stop Business Finance
£30m Commitment Underscores Shawbrook’s Confidence in OSBF’s Relationship-Led Lending Model.
At a glance
Shawbrook has announced a significant extension of its long-standing partnership with One Stop Business Finance (OSBF), increasing their existing lending facility by 50% to £30m. This latest uplift marks the fifth increase in six years, highlighting the depth of the partnership and the shared ambition between the two organisations.
Founded in 2014, One Stop Business Finance is a specialist working capital, property development and bridging lender providing asset-based lending solutions tailored to the needs of SMEs, including bridging finance, working capital loans, revolving credit facilities and development funding.
The Yorkshire based business first approached Shawbrook for a funding line in 2019, securing a £3m revolving credit facility and subsequently increasing this over the last few years. Reflecting Shawbrook’s confidence in OSBF’s relationship-led approach and the joint commitment to drive positive transformation for SMEs, the uplift to £30m enables the specialist lender to assist more clients with funding to accelerate development and growth projects. The increased funding line also enables the client’s objective of supporting introducers with larger and more complex deals.
This increase follows a year of record expansion for OSBF, which recently passed the £50m loan book milestone and is targeting £100m over the next two years. With national reach and a growing team of Business Development Managers, OSBF continues to build on its reputation as a human-first, opportunity-led lender for SMEs.
The increased capacity this facility extension gives us will allow us to explore larger and more complex opportunities through our introducer network. This is the fifth increase we've had in six years from Shawbrook, which demonstrates the strength of our relationship and how the team understands our market, the appeal of our proposition and the potential OSBF has for further growth.
Matthew Newman, Director, Speciality and Fund Finance at Shawbrook commented:
“Working with One Stop Business Finance since 2019, we’ve seen the business grow and the positive impact its had on the UK SMEs it works with. There's no shortage of demand for the funding and support Andrew and his team provide, and this latest facility increase provides OSBF the capacity to meet that demand and reflects the strength of relationship we have. This partnership is underpinned by confidence in the knowledge and expertise in both organisations, but also our shared vision to help SMEs businesses invest for growth.”
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