The programme is supported by Goldman Sachs Private Capital and will run until January 2021, with the underlying loans drawn from across Together’s portfolio.
Marc Goldberg, Together’s commercial CEO, commented: "We have a clear strategy set out for the next five years and this additional funding will enable us to further increase our bridging finance lending. We’ve seen strong demand from businesses and investors in this area, and lent a total of £572.3 million of bridging finance in the 12 months to 30 September 2016. Meanwhile, across the group, annual lending topped £1 billion for the first time in our 42 year history.”
