MFS secures new £200m funding line

Market Financial Solutions (MFS) has secured its second funding line in 2021.

Related topics:  Commercial,  Commercial finance
Rozi Jones
24th February 2021
Paresh Raja
"Investors want to engage with lenders that have the experience and expertise to take on complex cases, deliver bespoke solutions and come up with creative exit strategies."

The new £200 million credit line from a global hedge fund will help MFS fund large loans fast and development exit loans for significant property projects. It will ensure the bridging provider can take on large funding cases where other bridging lenders are not equipped to handle.

In January 2021, MFS successfully secured a £150 million credit line to meet the increasing demand for its tailored bridging loans. With enquiries rising, additional funding has been sourced so that loans can be deployed quickly.

Since inception, MFS has delivered over £1.05 billion worth of specialist finance loans, which have been used to cover a variety of asset classes, from residential to commercial property.

Paresh Raja, CEO of MFS, said: “All successful funding partnerships are built on trust and transparency. Investors want to engage with lenders that have the experience and expertise to take on complex cases, deliver bespoke solutions and come up with creative exit strategies. This is something MFS has continued to excel at.

“This latest funding news is a reflection of the trust and confidence MFS has effectively established over the years with its funding partners. By committing to the highest professional standards, I expect our loan book to continue to grow in the coming months.

“Importantly, MFS has delivered over 100% volume growth in the last year despite the challenges posed by the pandemic. This is testament to the skill and experience of our team, and I look forward to working closely with our funding partners to ensure both their needs, and the needs of our borrowers, are met.”

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