Royal Bank of Scotland reveals plan to launch IP-backed loans to fuel Scottish growth and innovation
- Market leading IP-backed loan will enable high growth businesses to access funding against value of their Intellectual Property when conventional lending is not suitable
- High-growth technology businesses in England have already secured £22m IP-backed loans from the bank in conjunction with IP valuation experts Inngot
- Announcement welcomed by the Deputy First Minister and Secretary of State for Scotland
- Move comes as policymakers and global businesses convene at Scottish Global Investment Summit at bank’s Gogarburn headquarters
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