LONDON-- Small and medium business financial services provider Inspired Capital PLC (INSC.LN) Thursday announced an increase of its debt facilities with Lloyds Banking Group PLC (LLOY.LN) from 34 million pounds ($54.7 million) to GBP50 million to finance its invoice discounting business.

The company has also agreed terms of a GBP3.5 million debt finance facility which has the potential to be extended further up to GBP7 million.

Shares at 0749 GMT, unchanged at 16 pence valuing the company at GBP34.5 million.

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

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