Major banks add crowdfunder to alternative lender panel
Seedrs has been invited to join NatWest and Royal Bank of Scotland’s (RBS) select panel of alternative funding solutions.
The crowdfunder has become an equity funding partner in the banks’ Capital Connections programme.
The panel allows NatWest and RBS relationship managers to offer UK business and commercial customers an alternative solution if their standard finance offerings aren’t suitable.
Customers of both banks are able to contact funders on the panel directly and there is no commission to be paid for referrals made by relationship managers to ensure transparency and to eliminate any conflict of interest.
“Our partnership with RBS and NatWest provides us with a great opportunity to facilitate investment into more ambitious early-stage businesses,” said Jeff Lynn, CEO and co-founder at Seedrs.
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