Allica Bank’s £350 million ENABLE Guarantee deal with the British Business Bank is the first transaction of its kind to include a private-sector junior investor, Sona Asset Management. This expands SPECIALTY FINANCE and LENDTECH by freeing up additional regulatory capital and enabling Allica to lend up to £700 million in asset finance to established UK SMEs. The structure is designed to encourage private-sector participation in UK challenger bank lending and to serve as a template for future transactions. Strategically, the deal reinforces Allica’s position as a leading UK SME lender at a time when challenger banks account for 60% of total small business lending in the country.

Allica Bank Lands £350M ENABLE Guarantee Deal With British Business Bank