Since 2004, they’ve been “targeting this Triple Point in areas like infrastructure, energy efficiency and social housing, unlocking investment opportunities that make a difference.” They manage over £2.7 billion of private, institutional and public capital “across five distinct investment strategies: Social Housing, Energy, Digital Infrastructure, Private Credit, and Venture. We look forward to supporting them long into the future.”Īs covered, Capital on Tap claims that it “makes it easy for small businesses to manage their business spending, access funding, and earn cash back, travel, and gift card rewards.” Over 200,000 small businesses “have spent £4 billion on their Capital on Tap Business Credit Cards across the US and UK.”Īs noted in the announcement, Triple Point is “the place where people, purpose, and profit meet.” Having first supported the business in 2014, this facility is further evidence of the depth of relationship we have built with Capital on Tap over the last 8 years. “We are delighted to continue our longstanding relationship with Capital on Tap by providing this new facility. Capital on Tap decided the best way to proceed with the Bounce Back Loan facility was to keep it in-house so to speak, meaning that only their existing. Neil Richards, Partner and Head of Private Credit, Triple Point said: “We are pleased to be working with Capital on Tap on this new facility to fund credit card lending to support small businesses throughout the UK.” Rob Tanna-Smith, Executive Director, at J.P. Their quick and simple application allows business owners to get back to what. Reply from Capital on Tap 6 days ago Hi Mark, Thanks for your review, wed love to hear your feedback on how we can improve your experience Please do not hesitate to call us on 02 and our wonderful Customer Service team will be more than happy to help. Talk to a real person any time in 10 seconds or less. 24/7 support You don’t have time to wait on hold. Their willingness to support our mission of ‘Making the Lives of Small Businesses Easier’ not only recognizes the importance of this mission but also Capital on Tap’s track record of delivering.” Capital on Tap allows small UK businesses to access funding of up to 100,000. The Capital on Tap Business Credit Card comes with uncapped 1.5 cashback on all card spend, with flexible ways to redeem your rewards. “We are thrilled to be working with JP Morgan, whilst continuing our long relationship with Triple Point. This new funding facility “comes just four months after securing a $200m facility to power growth in the US.” Both facilities are vital resources “with ambitious expansion plans in place, following Capital on Tap’s impressive 61.98% annual sales growth over the last 3 years.”Īlan Hart, CFO, Capital on Tap, commented: Over 200,000 small business customers have spent £4 billion on their Capital on Tap Business Credit Cards.” As noted in the update, this funding facility will “bolster their dramatic growth in the UK.
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