ABN AMRO Commercial Finance provided fintech alternative financier TradeRiver with a £25 million ($31 million) funding solution to support the company’s growth.

UK-based TradeRiver provides SME businesses with unsecured revolving credit facilities to fund purchases of goods or services. The business has been growing significantly in the past 12 months with new staff and customers. The company captured the Direct Lending Platform of the Year category at the AltiFi 2016 Awards.

The back to back style funding solution involves up to £25 million ($31 million) including an accordion.

TradeRiver CEO Richard Fossett said, “TradeRiver is excited to announce ABN AMRO Commercial Finance as our new primary debt provider. The significantly increased level of funding supports both the growth of TradeRiver and that of our customers. We’re delighted that ABN AMRO Commercial Finance has taken time to understand how our unsecured funding model operates and how TradeRiver will help British companies grow.”

ABN AMRO’s Director, Corporate Client Origination, Jeremy Smith, commented, “It’s always exciting to support a business that is in turn committed to helping businesses grow and we have experience in structuring creative funding solutions for this sector.”