Triple Point Private Credit has helped to secure £40 million in corporate revolving credit facilities for MT Finance.
This funding agreement will support MT Finance’s lending growth in the UK property market.
The credit facilities build on the previous £8 million of funding supplied in 2021 to support a management buy-out. The latest credit facilities will further support MT Finance’s loan origination activities and ongoing investment in its operations.
With over 15 years of experience and having originated £3 billion in funding, Triple Point Private Credit has helped support numerous businesses in scaling their operations.
Ellis Diamanti, head of speciality finance at Triple Point Private Credit, said: “We are delighted to have originated an extended funding line with MT Finance, with which we have a long-standing relationship. The latest credit facilities supplied by the lenders we represent reflect our collective belief in MT Finance’s strategic vision and growth potential within the UK property finance market.”
Ben Lawrence, CFO of MT Finance, added: “We are delighted to have the opportunity to further expand the relationship with Triple Point Private Credit and the lenders they represent. This agreement strengthens our funding options and will sit alongside and support other existing facilities within the bridging finance arm of the business.”