Castlelake Backs TradeBridge with £70m Financing Facility
Deal News | Apr 30, 2025 | Castlelake LP
Castlelake, L.P., a global alternative investment manager specialized in asset-based private credit, has entered an agreement to provide TradeBridge with a new financing facility of up to £70 million. This additional capital aims to enhance TradeBridge's support for B2B and B2C eCommerce marketplace clients, including UK Amazon sellers, leveraging a new strategic partnership with Amazon. Previously, in 2023, Castlelake supplied £100 million to TradeBridge to aid revenue-based financing solutions for UK and Australian pharmacies and dental practices. Alex Curcio of Castlelake emphasized the significance of innovative financing solutions for SMEs, noting the role of traditional capital's retrenchment. TradeBridge's Mark Coxhead highlighted the instrumental nature of its partnership with Castlelake in expanding credit access. Castlelake, managing around $25 billion, has been involved in acquiring assets and providing credit since 2015, with over $15 billion invested in asset-based opportunities. TradeBridge, since its inception over a decade ago, has extended more than £5 billion in capital to SMEs globally.
Sectors
- Alternative Investment
- Fintech
- ECommerce
Geography
- United Kingdom – The financing is particularly geared towards supporting UK Amazon sellers and other SMEs.
- Global – Castlelake and TradeBridge both operate on a global scale with offices across different continents.
Industry
- Alternative Investment – Castlelake, L.P. operates within the alternative investment sector, specializing in asset-based investments.
- Fintech – TradeBridge is a fintech company providing innovative financing solutions to SMEs and eCommerce marketplaces.
- ECommerce – The financing is aimed at supporting eCommerce platforms, particularly through TradeBridge's partnership with Amazon.
Financials
- £70 million – New financing facility provided by Castlelake to TradeBridge.
- £100 million – Previous financing facility provided by Castlelake to TradeBridge in 2023.
- £5 billion – Total amount of capital provided by TradeBridge to SMEs.
- $15 billion – Total investments by Castlelake in asset-based opportunities since 2015.
- $25 billion – Total assets managed by Castlelake.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Castlelake, L.P. | Financer | Company | A global alternative investment manager focused on asset-based investments. |
| TradeBridge | Financing Recipient | Company | A fintech lender providing innovative embedded finance solutions to SMEs globally. |
| Amazon | Strategic Partner | Company | Partnered with TradeBridge to aid UK sellers through marketplace financing. |
| Alex Curcio | Partner | Person | Partner at Castlelake involved in the financing agreement. |
| Mark Coxhead | Co-CEO of Product and Portfolio | Person | An executive at TradeBridge overseeing product and portfolio functions. |