Legion Trade Finance additional funding
Legion Trade Finance has secured new investor funding as part of its continued drive to boost support to SMEs.
The announcement follows a year in which the Henley-on-Thames based business facilitated trades worth over £40m, bringing much needed financial support to businesses neglected by traditional sources.
LTF is an independent financier of UK companies who need facilities to purchase goods from their suppliers globally, offering structured finance solutions including loans, paying suppliers direct and letters of credit. Our typical facility is between £100k to £2m over the trade cycle.
Robin Smith, chairman of LTF said: “We are continuing to experience strong growth and demand for our funding solutions, so these additional facilities from our investor base are very timely as we enter a fourth year of trading. Our increased facilities will be available to help SMEs who are in need of working capital support.”
