GLI Finance invests in TradeRiver
TradeRiver Finance, the funding specialist that has loaned £25m to firms over the past two years, has secured a £2.8m investment from GLI Finance. TradeRiver said the investment will help it to increase the size of its loan book. “With GLI Finance, we not only have a new investor but an important partner with whom we can work to help UK SMEs grow through increased sources of liquidity,” said TradeRiver chief executive Richard Fossett.