With a $4 million funding injection, Valiant Finance will be able to strengthen their relationships with brokers, and in doing so help more Aussie SMEs.
Coming off the back of the Royal Commission into the misconduct of banking industry, Westpac and Valiant Finance have struck a referral deal, whereby customers unable to secure a loan with the bank will be referred to Valiant Finance as a potential avenue for alternate financing.
Valiant Finance also establishes transparency by allowing SMEs to compare business loan rates, terms and fees as well as creating access to credit specialists to aid in the loan application process.
Carthona Capital led the Series A round and we were pleased to participate as a follow-on from our initial seed investment in Valiant in 2016.