Distribution Finance Capital Holdings Plc (GB:DFCH) has released an update.
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Distribution Finance Capital Holdings plc, a specialist bank, has expanded its British Business Bank ENABLE Guarantee from £250m to £350m, boosting capital efficiency and supporting a projected loan book growth to approximately £850m. This increase is expected to bolster annual organic loan book growth by over 10%, without the need for extra tier 1 equity capital, thus amplifying the company’s capacity to aid SME dealers and manufacturers.
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