You are here: Home - News -

Complex Buy To Let

MT Finance and Triple Point strike £30m corporate revolving credit facility deal

by:
  • 13/11/2023
  • •
  • 0
MT Finance and Triple Point strike £30m corporate revolving credit facility deal
Specialist lender MT Finance and investment manager Triple Point have agreed a £30m corporate revolving credit facility to support the lender’s growth.

The facility builds on the ongoing partnership between Triple Point and MT Finance, which saw £8m in funding from Triple Point in 2021 to complete the management buy-out of the company.

The latest credit facility will be used to support the lenders “loan originations and continued investment in operations”.

MT Finance, founded in 2008, offers buy-to-let mortgages, bridging loans and auction finance.

Ellis Diamanti, relationship director at Triple Point Private Credit, said: “We are pleased to continue our relationship with MT Finance by providing this new facility. Having first supported the management buy-out in 2021, the business has continued to enhance its reputation as a leading property finance provider in the UK. We look forward to supporting the business’ future ambitions.”

Joshua Elash (pictured), CEO of MT Finance, added: “Triple Point has been an excellent partner to MT Finance over the last several years and we are delighted to have the opportunity to further expand the relationship. This new facility will help drive our exciting growth plans as we look forward into 2024.”

Related Posts

Share This Article
Tags

Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course. She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021. In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business. She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023. Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum. In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.

There are 0 Comment(s)

You may also be interested in

Email Newsletter

Register your account and sign up for our newsletter

  • Useful Links:
  • Follow Us
© AE3 Media Ltd, Basement office, 21 Great Winchester Street, London, EC2N 2JA, Company registration number 8938488.
AE3 Media Limited is authorised and regulated by the Financial Conduct Authority
The principal business of AE3 Media is journalism. As our website contains links through to firms which provide consumer credit we have limited permission to undertake credit broking activities and for these limited activities only AE3 Media Limited is authorised and regulated by the Financial Conduct Authority
We take reasonable care to correct errors or omissions on our site as soon as we can after we are made aware of them. However, we do not guarantee that all information is accurate and free of errors and omissions at all times and we do not accept any responsibility or liability for any loss you may suffer as a result of information on this site not being accurate at all times.
We do not recommend or accept any responsibility for any third party provider’s products, services, information, advice or opinions provided to you either directly or via their websites. We will not be responsible to you if any product or advice you obtain form a third party is not suitable for you or does not meet your requirements. Any links to a third party provider’s website on this site are for your convenience only. If you contact a third party provider advertised or mentioned on this website, either directly or via a link, any use by you of the third party provider’s website, products or information will be subject to the third party provider’s own terms and conditions. You should read these carefully.