Lovey Raises £250M Credit Facility

Lovey, a Birmingham-based FinTech company specializing in SME lending and brokerage, has secured a £250 million senior secured credit facility. This funding represents the largest capital line in the company history to date.

Investors

The funding was provided by Pollen Street Capital, an alternative asset manager specializing in private equity and credit strategies.

Lovey Use of Funds

The capital will be used to increase the company lending capacity, enabling it to scale its own-book lending operations and provide larger loans to UK small and medium-sized enterprises.

About Lovey

Founded in 2016 by Jack Smith, Lovey provides financial services to UK small and medium-sized businesses. Originally operating as a broker, the company entered the direct lending market in 2022 to offer faster and more flexible access to credit for SMEs.

Funding Details

Company Website: https://lovefinance.co.uk

Company: Lovey
Raised: £250M
Round: Credit Facility
Funding Date: October 28, 2026
Lead Investor: Pollen Street Capital
Software Category: FinTech
Source: https://fintech.global/2026/10/28/lovey-secures-250m-pollen-street-facility-for-sme-lending/