Ceniarth Increases Impact Investment in Ethical Lending Fintech, Salad

Salad secures 67pc increase in facility agreement with Ceniarth

Ethical lender Salad has secured a 67 per cent increase in its facility agreement with family office Ceniarth, taking the total to £2m. The investment, which is part-guaranteed by financial inclusion firm Fair4All Finance, builds on the previous £1.2m loan to Salad in 2023. Read more: InRento sales revenue grows 53pc to €1.1m The extra investment […] The post Salad secures 67pc increase in facility agreement with Ceniarth appeared first on Alter…

Ceniarth Increases Impact Investment in Ethical Lending Fintech, Salad

Ethical lender Salad has secured a 67% increase in its facility agreement with Ceniarth, a family office which funds market-based solutions to benefit underserved communities. The £2m impact investment, part-guaranteed by not-for-profit financial inclusion organisation Fair4All Finance, builds on Ceniarth’s £1.2m loan to Salad in 2023. It will enable Salad, an affordable, mid-cost lender, to meet rocketing demand, saving more workers who need to…

Salad Money agrees further £2m investment from Ceniarth

Ceniarth has increased its impact investment in ethical lender Salad Money by 67%, bringing its facility agreement to £2m.  The new investment, backed partly by not-for-profit financial inclusion organisation Fair4All Finance, follows a £1.2m loan to Salad in 2023. The extra funding will help Salad, a social enterprise and community development finance institution, meet rising demand for affordable, mid-cost loans.  Tim Rooney (pictured), chief …