DF Capital raises additional £40m of growth capital

We are delighted to announce that DF Capital has successfully concluded a £40m fundraise supported by our existing and new shareholders through the issuance of new shares.

Carl D’Ammassa, CEO, says: “This extra capital injection further unlocks our growth ambitions and enables us to focus on accelerating our business plan. We are looking forward to building our loan book further by supporting the needs of our dealer and manufacturer customers as we look beyond this third lockdown.

This is a great vote of confidence from investors and demonstrates the significant support of the firm’s growth strategy. As a recently and fully authorised bank, we have an exciting journey ahead of us – that’s undoubted!”