Niederer Kraft Frey advised Zuger Kantonalbank as sole lender on an innovative CHF 24 million credit facility to finance Carvolution's expansion of its modern vehicle fleet.

Swiss start-up Carvolution is the market leader in all-inclusive car subscription services in Switzerland, providing its customers with tailor made mobility solutions. The implementation of this credit facility is a significant milestone for Carvolution in its growth trajectory and sends a strong signal to the Swiss start-up community as a whole.

The NKF team was led by partner Philip Spoerlé, working with associate Selim Lötscher (M&A/Finance) and partner Markus Kronauer (Tax).