Market Financial Solutions has renewed and increased its multiple institutional funding lines to over £1bn, “in response to rising demand for specialist finance”.
The lender says additional capital from several unnamed institutional investors boosts its capacity to offer a wide range of financial products including – bridging, buy-to-let, commercial real estate loans and its new Bridge Fusion range, which offers longer-term BTL bridging loan of up to £20m.
Market Financial Solutions, founded in 2006, specialises in large and complex property-backed loans. It offers financing options up to £50m with terms ranging from three months to five years.
Market Financial Solutions chief executive Paresh Raja says: “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.”