LendInvest successfully closes funding transaction

Lendinvest PLC

04 June 2024

 

LEI: 213800NWMK3O4UWP9N91 

4 June 2024

LendInvest plc

LendInvest successfully closes debt financing transaction

LendInvest plc (AIM: LINV) ("LendInvest" or the "Company"), the UK's leading platform for mortgages, today announces that it has successfully closed a three-year strategic funding facility to the value of £42.5 million with a global alternative investment manager.

Proceeds from the transaction will be used to refinance an existing short-term, Buy-to-Let and Residential mortgages funding facility.

Enquiries:                 

LendInvest via Teneo Hugo Davies, Interim CFO and Chief Capital Officer Leigh Rimmer, Director of Communications

[phone]

About LendInvest

LendInvest is the UK's leading platform for mortgages, and is listed on the London Stock Exchange (AIM: LINV).

LendInvest offers short-term, buy-to-let and homeowner mortgages. Its proprietary technology and user experience are designed to make it simpler for both borrowers and investors to access property finance.

LendInvest has lent over £6bn of mortgages. Its funders and investors include global institutions such as Citigroup, HSBC, J.P. Morgan, Lloyds Bank and NAB, and, in 2019, it was the first Fintech to securitise a portfolio of buy-to-let mortgages. 

The company was named Digital Innovation Award Winner at the Sunday Times Tech Track 100 Awards, Buy-to-Let Lender of the Year for 2020 at the NACFB awards, and one of FT1000's Fastest Growing Companies in Europe for 2021.

 

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