Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites.
Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. For avoidance of any doubts and to make it easier, you may consider any links to external websites as sponsored links. Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

BNP Paribas Asset Management selects Link Asset Services as debt servicer for new SME Alternative Financing platform

BNP Paribas Asset Management (BNPP AM) has appointed Link Asset Services as the debt servicer for its new SME Alternative Financing platform.

The SME Alternative Financing platform, currently operational in the UK, will invest through direct loans to finance ambitious projects for SME companies, complementing lending by domestic commercial banks to finance their growth. The platform has already successfully closed itsfirst loan in the UK.

Eligible SMEs typically have annual revenue less than €50million. Loans to be originated via the platform are likely to be between €0.5million and €5million.

Longer term, BNPP AM has ambitions to roll out the proposition to other European geographies, and the strength of Link Group’s European presence will play a key role in supporting this expansion.

Robbie Hughes, Chief Executive at Asset Services, part of Link Group said: “As institutions search for yield, this platform provides them with an opportunity both to deliver excellent returns and play a central role in stimulating UK growth. SMEs are the engine room of our economy, so increasing their finance options and supporting their growth can only be a positive. We look forward to supporting the growth ambitions of BNP Paribas Asset Management, both in the UK and eventually Europe, and in doing so, supporting the SME sector.”

Stephane Blanchoz, Head of SME Alternative Financing at BNP Paribas Asset Management added: “We are hugely ambitious with regard to our new SME Alternative Financing platform and it is great to find a partner that shares our vision. Link Group has a wealth of expertise across Europe which means that they were the perfect fit to support this fund and our growth strategy for it.  Our new lending programme will contribute much needed finance diversification for UK and European SMEs, and Link Group is central to making it a success.”

Link Group’s Asset Services division is Europe’s largest independent debt servicer and administers and safeguards €100bn of assets. With experience of managing loans in 15 jurisdictions, their dedicated team of over 700 works with acquirers and originators of secured and unsecured loans across the UK and Europe.