Capital on Tap triggers leadership reshuffle
Co-founder David Luck will assume the role of executive chairman, while CPO Damian Brychcy takes on the role of CEO.
Co-founder David Luck will assume the role of executive chairman, while CPO Damian Brychcy takes on the role of CEO.
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The facility will be used to build out a central finance hub for small business owners in the UK and US.
Capital on Tap says the funding will help SMEs access credit at a time when the UK is anticipating a recession.
The firm launched its US credit card in March 2021 and has an office in Atlanta.
Capital on Tap has also created new services to aid COVID-affected businesses.
It has provided nearly £1 billion in funding to more than 60,000 small businesses in the UK.
Get to know the SME lending specialist that’s challenging U.K. high street banks by providing zero percent interest when balances are paid in full within 37 days.