Palatine Growth Credit passes £50m in committed lending - UKTN
Summary
Palatine Growth Credit has passed £50 million in committed lending from its £81 million growth credit fund. The lender says it has completed 13 deals in less than two years and expects more announcements. It focuses on supporting established sponsor-backed companies across UK regions as they expand organically or through acquisition. The article highlights regional tech growth, local job creation, and expansion into new UK and international markets, with AI singled out as a major opportunity.
Funding
Amount
$63.5M
Total raised
Date
June 8, 2026
Announcement date
Investors
Barclays, HSBC
Lead investors
Company
-
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected