Market Financial Solutions (MFS) has renewed and upsized multiple institutional funding lines of over £1bn to fuel the growth of its loan book.
The additional capital from multiple leading institutional investors was sought to enhance MFS’ capacity to offer a range of financial products including bridging, buy-to-let (BTL), its new Bridge Fusion range, and commercial real estate (CRE) loans.
Founded in 2006 and based in London, MFS specialises in large and complex property-backed loans.
The company offers financing options up to £50m with terms ranging from three months to five years.
The additional package includes committed funding for long term CRE loans, large loans of £5m and above, and MFS Bridge Fusion loans.
Paresh Raja (pictured), CEO of MFS, said: “Although there has been an improvement in the economic climate with inflation falling, the property market continues to face significant challenges, with higher rates causing potential buyers to withdraw or delay their purchasing plans until the Bank of England reduces the base rate.
“However, challenges bring opportunities, and many investors are turning to specialist finance to expedite their plans and to benefit from the certainty that a bespoke approach to lending can provide.
“The renewed funding line will help MFS support those investors and brokers, and the continued backing and confidence that we receive from these investors demonstrates the quality of MFS’s products and operations.
“It’s been a busy six months, and I look forward to seeing MFS go from strength to strength in the second half of the year.”
