MT Finance agrees £125m loan acquisition deal

Established in 2008, by co-founders Joshua Elash and Tomer Aboody, MTF has grown over the last 8 years from establishment to having successfully completed in excess of £250m in loans in the last few years predominately funded from their relationships with high net worth individuals.  Throughout this time the company has assisted property professionals, business owners, and individuals with their finance requirements. 
 
Joshua Elash, co-founder, said:

“We are delighted to be partnering with an institution of such significant standing and this additional funding will enable the company to drive forward the ambitious growth plans we have in place to grow MTF into the market leading bridging finance provider.”
 
Tomer Aboody, co-founder, said:

“This is an exciting day in MTF’s history and starts a new chapter of growth.  We look forward to continuing to engage with our highly valued client and broker relationships. We move forward into 2017 with significant optimism for the future.”
 
MTF was advised by the Financial Services Corporate Finance team at EY. 

Joshua Elash said:

“We would like to give our thanks to Nick Parkhouse and the team at EY who spent the time to understand the shareholders goals, worked with us to devise a long term plan and then set about executing the transaction supporting us through the entire process.”
 
Nick Parkhouse, Executive Director and head of Financial Services Debt Advisory, said:

"The team here is absolutely delighted for Joshua and Tomer and the whole team at MTF and look forward to continuing to support them in their future successes.” 

Charles Bischoff and Katie McMenamin at the finance legal team at Travers Smith LLP provided Legal advice to MTF.