Azzurro has purchased a portfolio of non-performing SME debts from a UK non-bank SME lender comprising Limited Company customers, backed by Personal Guarantees.
This transaction represents a new client relationship with an established UK SME lender who has lent over £3bn to businesses across the UK. The transaction continues to reflect our vision to provide compliant liquidity solutions to the commercial lending universe.
With our unparalleled experience in acquiring pools of SME lending receivables, we mobilised quickly to provide competitive pricing and an established contractual precedent, enabling the lender to execute a swift sale.
