Renaissance backs next phase of growth for One Stop Business Finance with £15m facility
Renaissance has increased its funding facility with One Stop Business Finance (OSBF) to £15m, providing additional firepower as the specialist lender continues to scale its offering and support a growing pipeline of SME funding opportunities.
The increased facility marks an important milestone in OSBF’s growth journey, giving the business greater flexibility to respond quickly to demand and to support a wider range of deal sizes and structures. Coming shortly after the increase of its Shawbrook facility to £30m in October, this latest uplift further strengthens OSBF’s funding platform and underlines robust confidence in the business from its funding partners.
Founded in 2014, One Stop Business Finance provides tailored asset-based lending solutions to UK SMEs, including bridging finance, working capital loans, revolving credit facilities and development funding. The business has built its reputation on a human-first approach, combining commercial rigour with a willingness to look beyond tick-box lending.
The additional capacity will allow OSBF to build on its introducer-led model, deepen existing relationships within the professional services community and selectively pursue more complex transactions, while staying true to its hands-on, relationship-driven ethos.
Andrew Mackenzie, founder and managing director of One Stop Business Finance, said: “This increase gives us the headroom to keep doing what we do best, but at greater scale. Renaissance understands our model, our market and the importance of flexibility when supporting SMEs. The facility allows us to move quickly on opportunities and continue to support introducers and clients with confidence.”
Tracey Blake, regional manager at Renaissance Asset Finance said: “Renaissance have a long-standing relationship with Andrew and the OSBF team. Over the years we have worked in partnership, we have seen consistent strong organic growth in their business driven by an ethos we resonate with which is to empower SME’s by delivering tailored funding solutions based on flexibility, innovation, and expertise.“