MFS secures £250m funding from institutional investor

Market Financial Solutions (MFS) has secured £250m of new funding from an institutional investor.

The funding, from one of the existing global financial institutions already backing MFS, comes as the specialist lender experiences significant demand across both its bridging products and buy-to-let mortgages.

Now with multiple dedicated funding lines, MFS will use the additional funding capacity to grow its loan book to £1bn by 2023. Large bridging loans and BTL mortgages will be two key areas of growth.

Founded in 2006, London-based MFS is one of the UK’s leading bridging lenders by market share.

In January 2022, it launched its BTL mortgage range to complement its bridging offering. Now, alongside its fast and flexible bridging loan products, MFS offers BTL loans for both vanilla and large, complex deals.

With 70 employees spread across two offices, MFS has further expansion plans for both its bridging and BTL products. The strength of its funding and the expertise of its team mean that MFS is geared up to deliver bespoke lending products on a large scale.

Paresh Raja (pictured), CEO of MFS, said: “We’re delighted to have secured this additional £250m funding from one of our well-respected global investors.

“It will greatly accelerate growth across our bridging and BTL product lines, allowing us to fulfil our goal of increasing MFS’s loan book to £1bn by early 2023.

“That we have existing investors keen to increase their funding into MFS underlines the strength of the business.

“Not only are we experiencing high demand from brokers and borrowers – particularly for large loans, BTL mortgages and complex deals – but we also have highly efficient operations.

“We can lend quickly and with the lowest default rate on track, exemplifying the quality of the loans and management of them.”

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