MT Finance secures new £40 million funding facility

MT Finance has secured £40 million in corporate revolving credit facilities to support its lending growth in the UK property market.

The credit facilities build on the previous £8 million of funding supplied by Triple Point 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. 

MT Finance specialises in buy-to-let mortgages, bridging loans, and auction finance. 

Ellis Diamanti, head of speciality finance at Triple Point Private Credit, who helped to secure the funding, commented: “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 (pictured), 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.”