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Project B-North is a new challenger that aims to disrupt the UK business lending market by fast and flexible delivery through technology and a lean, regionally-distributed operating model, focusing specifically on the large and under-served broker channel. Having completed the initial capital raise in December 2018 followed by a further tranche in May 2019, Project B-North is well advanced on many fronts and progressing in line with, or in advance of, their initial plans. Momentum continues to grow along with future investment opportunities and we look forward to informing interested parties of these opportunities when they arise.
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