Worldpay

Alternative Finance Key to the Future of British Small Business Expansion - Seite 2

"Steve Newton, Executive Vice President, UK and Europe Worldpay said: "Worldpay Business Finance has proven extremely popular with small businesses looking for alternative methods of finance. Worldpay Business Finance was created specifically with the unique needs and structure of small businesses in mind - it's flexible and it's fast.

"In 2017, we tripled funding for growth to UK SME businesses and have now advanced over £40million - but we know that this form of funding has the potential to help thousands more.  So over the next year, we'll make it easier to access the scheme by increasing call centre and online support to enable Britain's small businesses to thrive."

Rob Straathof, CEO at Liberis said: "SMEs contribute more than £200bn a year to the UK economy; and as this is only set to increase, access to funding is certain to remain integral to their growth. As such, we're delighted to be continuing our partnership with Worldpay, as Worldpay Business Finance, enabling us to help even more small businesses in the future. Enhancing this opportunity, we will be prioritising education and collaboration to successfully secure the livelihoods of small UK businesses."

ABOUT WORLDPAY, INC.  

Worldpay, Inc. (NYSE: WP; LSE: WPY) is a leading payments provider with unique capability to power global integrated omni-commerce, any payment, anywhere. With industry-leading scale and an unmatched integrated technology platform, Worldpay offers clients a comprehensive suite of products and services globally, delivered through a single provider.

Annually, Worldpay processes over 40 billion transactions through more than 300 payment types across 146 countries and 126 currencies. The company's growth strategy includes expanding into high-growth markets, verticals and customer segments, including global eCommerce, Integrated Payments and B2B.

Worldpay, Inc. was formed in 2018 through the combination of the No. 1 merchant acquirers in the U.S. and the U.K., Vantiv, Inc. and Worldpay Group plc. Worldpay, Inc. trades on the NYSE as "WP" and the London Stock Exchange as "WPY."

Visit us at http://www.worldpay.com.

About Liberis: 

Liberis is a leading alternative finance provider, offering simple, flexible and transparent funding to help UK SMEs achieve their ambitions.

Through its Business Cash Advance, an innovative form of funding, Liberis links repayments directly to cash flow so businesses only repay when their customers pay them.

Liberis is backed by the UK Government owned British Business Bank and is part of Blenheim Chalcot, the UK's leading venture builder.

To date Liberis has helped over 6,000 SMEs, advanced £210m in funding through Business Cash Advance^[2] and supported over 35,000 jobs in the UK.^[3]

For more information, please visit http://www.liberis.co.uk

Social media channels:

Facebook: @LiberisUK

Twitter: @LiberisUK

1. Research conducted by YouGov of 1,095 senior decision makers across UK small businesses on behalf of Worldpay, October 2017

2. Between 2007-2018

3. Since 2007