RBS backs Masthaven with new funding line
Masthaven Secured Loans has signed an agreement with Royal Bank of Scotland which makes available additional funding for the lender.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
Managing Director, Andrew Bloom, said:
“We are delighted with the confidence being shown in us by RBS. It demonstrates RBS’s commitment to the secured loan market and their belief in the Masthaven Secured Loan proposition. We are keen to expand our penetration in the secured loan market and this is a welcome boost.”
Jon Sturgess, Head of Sales - Secured Lending, commented:
“I am really excited about this level of increased funding and I know our introducers will be pleased with the result in terms of further improvement to our product range regarding price and criteria.”
An RBS spokesman added:
“The secured loan market is very important to RBS and thus we were delighted to have supported Masthaven in the next stage of their growth plans. We look forward to further building our relationship with the business and management team.’’
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Budget
Budget: Government confirms details of 2.5% deposit first-time buyer scheme
State Pension
Budget: Government confirms state pension tax protection
FCA
FCA restricts six lenders over anti-money laundering concerns
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Budget
Budget: Government reduces Lifetime ISA withdrawal charges ahead of new FTB ISA launch
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
