UK’s LendInvest Secures £300M Financing Syndicate with BNP Paribas, Barclays, and HSBC

LendInvest (AIM: LdINV) has reportedly secured a £300 million financing syndicate with BNP Paribas, Barclays, and HSBC.

LendInvest, the UK’s platform for property finance, has recently confirmed the renewal of its £300 million revolving warehouse financing agreement with BNP Paribas, Barclays Bank PLC, as well as HSBC.

As mentioned in the announcement, the facility has now been extended for a further three years on “improved terms,” reflecting the continued confidence of financial institutions in LendInvest’s business model and tech platform.

As noted in the update, the £300m facility, which is said to be shared “equally” between BNP Paribas, Barclays, and HSBC, will aim to support LendInvest’s Mortgages division, with a focus on its “shorter term bridge financing solutions’ – like Bridge-to-Let and Refurbishment and Retrofit products.

As explained in a blog post, these products provide vital financing solutions for property investors and developers, enabling the acquisition and enhancement of properties – such as “upgrading properties to meet Minimum Energy Efficiency Standards (MEES), a regulatory requirement aimed at improving the energy performance of homes across the UK.”

Rod Lockhart, CEO of LendInvest, commented that they are pleased to announce the renewal of their funding agreement “with BNP Paribas, Barclays, and HSBC.”

Rod added that this three-year extension highlights the confidence that investors “have in LendInvest’s business strategy and the capability of their mortgages division to drive sustained growth.”

He also shared that this renewed facility reinforces their commitment to supporting the UK housing market by “offering propositions that enable stock upgrades through retrofit financing, while also expanding access to flexible mortgage products like our Bridge-to-Let range.”

The agreement builds on LendInvest’s recent “momentum” in the capital markets, following “the £500 million funding agreement with JP Morgan announced last month.”

David Langford, Relationship Director at HSBC, said that HSBC is delighted to support LendInvest in expanding its funding capabilities.

David also noted that this financing strengthens their commitment to helping bring innovative solutions to the UK property market, “enabling more investors and developers to access crucial resources at a time when agility and growth are key.”

Kevin Vanistendael, Director of Securitised Product Solutions at Barclays, said Barclays is dedicated to offering strategic financing solutions that empower businesses to thrive.

Kevin added that their involvement in this extension underscores their continued support for innovative mortgage providers “like LendInvest, as they bring new products to the UK Mortgage market that help both investors and borrowers alike.”

As covered, LendInvest is the UK’s platform for property finance. LendInvest offers short-term, development, “bridging and buy-to-let mortgages to intermediaries, landlords and developers.”

Its tech and user experience are designed to make it “simpler for both borrowers and investors to access property finance.”

LendInvest has lent over “£3bn of short term, development and buy to let mortgages.”

Its funders as well as investors reportedly include institutions like HSBC, Citigroup and NAB, and, in 2019, it was said to be the “first” Fintech to securitize a portfolio of BTL mortgages.

The company has reported annual profitable growth since 2015.



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