A Belfast based, US-backed provider of alternative finance has pledged to provide up to £84m (€100m) in funding to growth-focused Irish companies over the next three years.
Upstream Working Capital has opened an office in Sandyford Business Park, Dublin, with a funding pot which has the potential to support transactions of up to £8.4m (€10m) per client.
Upstream began supporting the Northern Irish SME space in 2011. The company secured substantial backing from a major US-based shareholder in spring 2019.
This investor has helped fund companies internationally in North and South America.