What is TP24 and what type of lending does it provide?

TP24 is a receivables-backed SME lending fintech company that provides financial solutions to small and medium-sized enterprises. The company specializes in using receivables as collateral to facilitate lending to SMEs.

How much funding did TP24 secure from Barclays?

TP24 closed a AU$585 million global debt deal with Barclays Bank Pic, with AU$100 million allocated to the TP24 business in Australia and a further AU$100 million accessible for growth.

Who arranged the TP24 and Barclays debt deal?

The AU$585 million global debt deal between TP24 and Barclays was arranged by Neu Capital, an Australian debt advisory firm.

TP24 lands AU$585m global debt deal with Barclays