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MFS secures £125m in funding

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  • 15/08/2022
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Market Financial Solutions (MFS) has secured £125m in institutional funding from a “top-tier investment bank”.

The funding will add “significant capacity and funding diversification” so MFS can continue to expand its specialist lending product range.

The lender added that the funding was in response to “significant demand” for bridging and buy-to-let products, and the investment would support further growth.

MFS said it would help the lender achieve its £1.1bn loan book target in 2023.

The lender was launched in 2006 initially as a bridging lender and launched its buy-to-let offering earlier this year.

MFS secured £250m in funding in June this year from an unnamed existing institutional investor.

Paresh Raja (pictured), CEO of MFS, said: “Support of existing and new investors to increase their funding for MFS underlines the quality and strength of the platform. Throughout 2022, we have continued to experience high demand from brokers and borrowers – particularly for large loans, buy-to-let mortgages and complex deals – and we continue to service the demand with highly efficient processes.

“We lend quickly and maintain the highest quality of underwriting and loan management, delivering market leading standards.”

 

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