MT Finance Group has secured an additional £500m senior facility from J.P. Morgan, aiming to enhance its lending capabilities in the UK short-term finance market.
Established in 2008 by Joshua Elash and Tomer Aboody, this deal marks a strengthening in the relationship between the two firms, following their collaboration in July 2022 to support MT Finance Group’s buy-to-let mortgage offering.
Ben Lawrence, chief financial officer of MT Finance Group, said: “We are delighted to have the opportunity to further develop the already strong relationship with JP Morgan.
“Having experienced significant growth in 2023, this new funding line provides us with additional capacity to continue this exciting trajectory.”
Rob Tanna-Smith, executive director at J.P. Morgan’s EMEA Securitized Products Group, added: “We are pleased to be broadening our relationship with MT Finance with this new funding line.
“This transaction is a clear indication of the scale of MT Finance’s ambitious plans for continued growth within the specialist lending sector.”
