Credit

Funding conditions, quoted specialist lenders, and companies showing signs of difficulty.

Bank Rate
3.75%
Held at the MPC meeting of 30 July 2026, on a 6–3 vote. Bank of England. Checked 30 August 2026.
Found Credit
6–10% fixed
Founder Capital's own published borrower pricing: £100k–£2m, 2–5 years, secured, to limited companies and LLPs for business purposes. Borrower pricing, not an investor return.
Practice pricing
1.3–1.6× fees
Founder Capital's published range for accountancy practices, centred on 1.45× gross recurring fees. foundercapital.co.uk/valuation.
Challenger share of SME lending
60%
Challenger and specialist banks' share of gross UK SME bank lending. British Business Bank, Small Business Finance Markets 2025/26.

Quoted specialist lenders

On price-to-book. EV/EBITDA does not apply to a lender.

LenderPriceChangeMarket capPrice / book
OSB GroupOSB
Specialist secured lender.
514.5p 0.39%£1.74bnBook value not sourced
Paragon BankingPAG
Specialist lender across SME and property.
797.5p 0.19%£1.46bnBook value not sourced
Close BrothersCBG
The benchmark UK specialist lender to SMEs — closest quoted analogue to Found Credit.
412.6p 0.10%£622.5m0.37×
Secure Trust BankSTB
Smaller specialist bank; a read on what sub-scale lending books are worth.
1490p 1.50%£275.9m0.71×
S&USUS
Family-controlled specialist lender with a long record through cycles.
2000p 1.27%£240.0m0.96×
Time FinanceTIME
Small-cap asset and invoice finance lender — the closest listed thing to a £100k–£2m book.
57.4p 0.35%£53.3mBook value not sourced

Companies in difficulty

Negative net assets, overdue filings, insolvency history, or security taken.

Nothing flagged.

Funding figures are point-in-time with the source and date shown against each. They are context, not a live feed.

Check a company against Found Credit’s lending box