It recently received a £300m funding line with Lloyds to support the growth of Lendco’s buy-to-let (BTL) mortgage portfolio,
Furthermore, Lendco benefitted from a term-extension to its existing £250m bridging facility with NatWest.
Lendco described its current funding momentum as strong, following the successful completion of its seventh BTL securitisation in April; Atlas 2026-1 was the company’s largest ever securitisation.
Adrian Scragg, director of treasury at Lendco, said: “It has been a busy time for the Treasury team as we continue to build scale into our funding platform. Not only have we strengthened our existing partnerships, but we’ve forged new relationships ahead of this exciting new phase for the business.”
Simon Knight, CEO of Lendco, added: “We’re delighted to have committed top-tier funding partners that believe in the Lendco business. This puts us in an even stronger position to deliver our strategic growth ambitions in the coming months and years, and more importantly, allows us to further support the broker community and their clients.”
Episode 1: First-time buyers : Powered by Partnership podcast from Newcastle for Intermediaries
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