FinancePeer to peer lender banking on success with Sharks deal

Peer to peer lender banking on success with Sharks deal

Premiership Rugby Club, Sale Sharks, have agreed a three-year partnership with peer to peer business lending platform, Huddle Capital

The partnership will see the firm sponsor the team’s new training kit as well as taking exclusive stand sponsorship at the AJ Bell Stadium

Sale Sharks have tied up a new commercial partnership with peer to peer business lending platform, Huddle Capital.

The Leeds-based business, which supports the growth of UK SMEs with business loans, will become the club’s official training kit sponsor ahead of the 2020/21 season, which is due to kick off towards the end of November.

As part of the three-year deal, the Huddle brand will also feature as a sleeve sponsor on the club’s new home and away strips, as well as taking on exclusive sponsorship of the south stand at the club’s home ground, the AJ Bell Stadium.

The move is part of a national drive by Huddle to raise awareness of its business and peer-to-peer finance, which brings together lenders and borrowers through an online platform.

Sale Sharks will also work with Huddle on educating players, staff and the Community Trust around the benefits of peer to peer investment and the increased interest in social lending.

“We’re delighted to welcome Huddle Capital as one of our new commercial partners for the 2021 season,” said Mark Cueto, Commercial Director at Sale Sharks.

“Huddle are doing great things in terms of providing more access to the peer to peer lending and investment market, and educating firms and individuals on the benefits. They’re a fast-growing business and join us at an exciting time for the company with big ambitions for the future.

“It’s great to see that next season is already shaping up to be a strong one for us in terms of the commercial backing we’ve received from sponsors – both new and renewed support from existing partners ­– and we look forward to building a really solid relationship with the team at Huddle moving into the new season.”

Emily Rackham at Huddle Capital said: “We’re really excited to be working alongside a top Premiership Rugby side like Sale Sharks. The club works alongside some really high-profile brands and is full of players with worldwide appeal, so we’re thrilled to be joining.

“Huddle was set up to provide more access to peer to peer lending for businesses and individuals, but also to increase awareness that this option exists as a very credible alternative to more traditional methods of borrowing or investing.

“We’ve achieved some fantastic growth recently and we’re really keen to increase this further through the power of the Sale Sharks brand and network of partners.”

Latest

3 Scientifically-backed benefits of whole-body cryotherapy

The popularity of whole-body cryotherapy has surged in recent years. What was once a niche recovery tool reserved for elite athletes is now accessible...

Debt is hitting mental health and relationships harder, new research finds

New data from Money Wellness shows that financial pressure in the UK is becoming more focused and more damaging in specific areas of people's...

Parfetts’ Go Local named Retailers’ Favourite Symbol Group

Stockport-headquartered wholesaler Parfetts has secured national recognition after its Go Local fascia was named Retailers’ Favourite Symbol Group at the Convenience Awards, marking the...

Estate planning expert says families should address six key questions to plan effectively

Navigating the growing complexity of estate planning can become far clearer when families focus on six essential questions, according to a senior industry specialist. Alan...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

5 Signs your commodities pricing strategy needs an upgrade

In the volatile world of commodities trading, pricing strategy makes the difference between profitability and losses. Yet many organisations cling to outdated approaches that...

Fake ‘luxury’ goods worth £3 million found in trading standards raid

More than 5,000 fake luxury goods worth £3.1 million have been uncovered in Bury by trading standards officers. The huge haul was discovered in raids...

3 Scientifically-backed benefits of whole-body cryotherapy

The popularity of whole-body cryotherapy has surged in recent years. What was once a niche recovery tool reserved for elite athletes is now accessible...

Parfetts’ Go Local named Retailers’ Favourite Symbol Group

Stockport-headquartered wholesaler Parfetts has secured national recognition after its Go Local fascia was named Retailers’ Favourite Symbol Group at the Convenience Awards, marking the...

More News

Debt is hitting mental health and relationships harder, new research finds

New data from Money Wellness shows that financial pressure in the UK is becoming more focused and more damaging in specific areas of people's...

5 Signs your commodities pricing strategy needs an upgrade

In the volatile world of commodities trading, pricing strategy makes the difference between profitability and losses. Yet many organisations cling to outdated approaches that...

Charity Accounting Partners launches sector-focused finance model for UK non-profits

Charity Accounting Partners (CAP), founded by ICAEW Chartered Accountant and former KPMG UK public sector auditor Carl Wakeford, is introducing a specialist approach to...