MT Finance lands

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MT Finance Group has secured £500m of additional funding from J.P. Morgan to boost lending in the UK short-term finance market. 

The specialist loans company says the senior facility from the US investment bank strengthens the relationship between the two firms, following a forward flow agreement to support the launch of MT Finance’s buy-to-let mortgage business last July. 

The UK firm was co-founded in 2008 by directors Joshua Elash and Tomer Aboody, to operate across bridging finance and BTL mortgage markets.      

MT Finance Group Ben Lawrence chief financial officer (pictured) says: “We are delighted to have the opportunity to further develop the already strong relationship with J.P. Morgan.

“Having experienced significant growth in 2023, this new funding line provides us with additional capacity to continue this exciting trajectory.”   

J.P. Morgan EMEA securitized products group executive director Rob Tanna-Smith adds: “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.”