Triple Point’s Private Credit team has expanded its funding relationship with The Electric Car Scheme, a UK-based EV salary sacrifice provider, through the arrangement of a newly structured revolving credit facility. The facility will enable investment for continued growth, product innovation, and strategic expansion.
The Electric Car Scheme enables employers to offer EV salary sacrifice schemes to their employees, helping drive the transition to low-carbon vehicles by making them significantly more affordable. The company has grown rapidly since starting in 2020, and currently serves thousands of employers, and hundreds of thousands of employees across the UK.
Both Triple Point and ECS are certified B Corporations,…