Hampshire Trust Bank supports One Stop Business Finance

Hampshire Trust Bank has provided a significant boost to One Stop Business Finance, announcing a £10 million facility to support the company’s growth strategy.

The funding will enable One Stop Business Finance to expand its loan book, allowing the firm to deliver its trademark friendly and flexible funding solutions to a greater number of small and medium-sized enterprises (SMEs) across the UK. Specialising in bespoke funding options, One Stop Business Finance offers a range of services, including working capital solutions, revolving credit facilities, bridging, and development loans.

This new partnership makes Hampshire Trust Bank the third institutional funding partner for One Stop Business Finance, joining Shawbrook and Renaissance. The infusion of capital is set to help One Stop Business Finance continue its profitable trajectory, supporting businesses with financial needs often unmet by traditional lenders.

Daisy Xu, Transaction Director at Hampshire Trust Bank, expressed her enthusiasm for the partnership: “We are delighted to be working with One Stop Business Finance. With their experienced management team, OSBF has demonstrated a strong track record in supporting UK SMEs. This facility supports their business strategy, enabling them to further increase their lending capacity. We are excited to see their continued growth and success.”

Andrew Mackenzie, Managing Director at One Stop Business Finance, highlighted the importance of this partnership:

“I’m delighted that we can work with Hampshire Trust Bank, giving us an additional funding line that complements our private money, ensuring we have the resources needed to deliver our goal of becoming a national lender.

“It’s vital that we remain focused on providing our friendly, flexible funding solutions to support business growth, especially for those who find it difficult to secure cash through traditional avenues,” he added.

Since its inception, One Stop Business Finance has lent £120 million to over 500 clients, providing crucial support to businesses when other lenders have declined. The company’s unique funding model combines private money from high-net-worth individuals and smaller private lenders with institutional funding from partners like Hampshire Trust Bank.