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Royal Bank of Scotland to launch IP-backed loans ranging between £250,000 to £10m
Summary by GamesIndustry.biz
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2 Articles
Royal Bank of Scotland Reveals Plan to Launch IP-Backed Loans to Fuel Scottish Growth and Innovation
The Royal Bank of Scotland (RBS) has revealed plans to launch the first IP-backed loans for high growth businesses in Scotland – allowing them to access vital funding using the value of their Intellectual Property as collateral, instead of traditional physical assets. It follows a change in Scottish law earlier this year whereby the Moveable Transactions (Scotland) Act 2023 took effect, giving lenders the ability to accept effective security ove…
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