NatWest to provide small business loan through B2B prepaid provider Soldo
UK bank NatWest has partnered with prepaid card provider Soldo to provide loans to Soldo’s customers. Soldo which is pre-paid card company for small business and a multi-user business expense solution providing automated expense reporting while giving businesses control over how can where employees can spend company money.
With this partnership, Soldo users will be able to apply for business loans from NatWest under Esme Loans and Rapid Cash providing up to £250,000 or up to £500,000 as a flexible line of credit against unpaid invoices. Both of these services are available through Soldo’s desktop app.