Travers Smith LLP has advised NatWest on a £95 million debt facility provided to motor finance fintech Carmoola. The funding will be deployed to continue to scale the business and support the customer adoption that Carmoola has seen since launching ten months ago.
The Travers Smith team was led by Finance Partner Charles Bischoff, supported by Associates Jody Coleman and Simon Mc Partlan, and Trainee Marcus Millen.
Finance Partner Charles Bischoff commented: "We really appreciated the opportunity to work with NatWest on this financing in an extremely active sector of the market."
The NatWest team was led by Robert Lamont and John Whinnett.