Capital on Tap: Secures £450 million funding facility

Capital on Tap: Secures £450 million funding facility

• Capital on Tap secured a £450m funding facility with Atalaya Capital Management, BNP Paribas, and HSBC
• Launched in 2012 and has provided over £3.5bn of funding to more than 125,000 small businesses across the UK
• Recognized by Forbes last year as one of the UK’s fastest-growing businesses
• Provides business credit cards with leading employee spending controls, reporting, and rewards
• Working remotely whilst reaching an agreement on the facility created its own challenges
• Built a useful product that has helped thousands of small businesses in the UK meet their funding needs