Think big, think digital.

Founded 2018 in Zurich as an SME lending platform provider that offers a user-friendly, web-based loan application process, fintech Teylor soon found their platform was also attracting interest from financial institutions curious about the self-developed technology behind it.

To satisfy this secondary audience, Teylor went on to develop a Software-as-a-Service solution which it is now licensing to financial institutions across Europe, to help them digitise their own lending processes.

Meanwhile, the launch of a private debt arm and the Teylor Debt Fund allowed the fintech to finance loans itself, offering even greater flexibility to its customers, and attractive returns to debt investors.

Today, all those solutions form the Teylor Platform, a comprehensive solution for the SME lending market that serves SMEs, financial institutions and debt investors, and so far has enabled the processing of more than €3 billion of SME debt.

NatWest acted as both Mezzanine Syndication Agent and Hedge Provider to the recently closed facility to support Teylor with its growth ambitions in the German SME market. The interest rate management solution provided by NatWest allows Teylor to mitigate the interest rate and prepayment risk on the fixed rate asset portfolio, helping to unlock funding to the German SME borrower-base. The hedging is provided through NatWest’s Automated Treasury Solutions platform – a turnkey, web-based solution designed to streamline the traditionally manual process of hedging an asset portfolio.

Mezzanine finance has been provided by M&G following a syndication process run by NatWest. M&G are a specialist in European specialty finance across many asset classes, and the M&G team bring both their expert knowledge of the market and cross-regional practices, plus additional leverage to allow the platform to grow for the future.

NatWest is committed to champion potential and remove barriers for businesses to succeed.

Huy Nguyen, Head of Private Debt at Teylor, said: “This landmark DACH fundraising transaction is a milestone in Teylor’s growth story and for the European alternative lending industry, demonstrating the strength of the Teylor platform, our team and our technology. It was a pleasure working with all parties to make this happen, and our team is now looking forward to fruitful financing discussions with SME decision-makers.”

Miles Hunt, Head of Private Credit Syndicate at NatWest, commented: “As one of the biggest supporters of SMEs in Great Britain1 that’s committed to championing potential and removing barriers to success, we are delighted to help support Teylor to further grow their platform and offer lending to more SMEs across Europe.”

Vincent Charles-Gervais, Structured Credit Portfolio Manager at M&G added: “We are pleased to provide mezzanine finance backed by SME loans originated by Teylor, further establishing M&G as a prominent actor in the non-bank platform space globally.”

[1] NatWest Group is the biggest bank for businesses in Great Britain.
Source: MarketVue Business Banking from Savanta at Q4 2022. Based on a survey of businesses with a turnover up to £1bn.  19% of businesses in Great Britain (n=11,114) name a NatWest Group brand as their main bank. Excludes businesses using personal bank accounts.  

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