{
  "id": 16744528,
  "title": "British SME lender Lovey secures up to €298 million to support UK companies",
  "url": "https://urgent.news/2026/10/27/british-sme-lender-lovey-secures-up-to-298-million-to-support-uk",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-27T11:43:06.000Z",
  "source": {
    "name": "EU-Startups",
    "slug": "eu-startups",
    "url": "https://www.eu-startups.com/2026/10/british-sme-lender-lovey-secures-up-to-e298-million-to-support-uk-companies/"
  },
  "original_language": "en",
  "account": "British FinTech firm Lovey has secured up to €298 million in senior secured credit to bolster UK small and medium-sized enterprises (SMEs). The facility, provided by alternative asset manager Pollen Street Capital, consists of €59 million in committed capital and a €238 million accordion. Lovey's CEO, Jack Smith, stated that the new facility will enable the company to provide more capital to UK SMEs and scale its own-book lending. Lovey's facility follows several other recent European lending announcements, including €240 million in France and €120 million in Lithuania. EU-Startups reported that these financing arrangements amount to approximately €733 million in total credit capacity.",
  "summary": "Lovey, a British FinTech and financial services provider specialising in SME lending and brokerage, has today announced a senior secured credit facility of up to €298 million (£250 million) with Pollen Street Capital, an alternative asset manager. The facility is made up of €59 million (£50 million) committed capital and a €238 million (£200 million) […] The post British SME lender Lovey secures…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}