London’s Uncapped Closes £200M Debt Financing To Provide Up To £10M For Online Businesses

Oct 19, 2023•about 2 years ago

Amount Raised

£200 Million

LondonPetAnimal Feed

Investors

Caps ResetEscapeFortress Investment Group Llc

Description

London-based Uncapped, a fintech revolutionising funding for digital entrepreneurs and high-growth businesses, has closed a £200 million debt facility. Provided by funds managed by affiliates of Fortress Investment Group LLC, this financing continues the long-term partnership between the two firms.

Company Information

Company

Uncapped

Location

London, England, United Kingdom

About

Founded in 2019, Uncapped is a leading alternative finance provider empowering ambitious companies to turbocharge growth through non-dilutive capital. Uncapped provides working capital lines from £10k to £10m with no security, no hidden charges, and no personal guarantees, allowing founders to access fair and flexible finance to fund inventory, marketing and all other growth needs while retaining full control and ownership of their business.

Related People

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends