MFS secures renewed and extended funding lines of £1 billion

MFS has secured funding for long term commercial real estate loans, large loans and Bridge Fusion loans.

Related topics:  Specialist Lending,  Commercial
Rozi Jones | Editor, Financial Reporter
23rd July 2024
Paresh Raja MFS new
"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."
- Paresh Raja, CEO of MFS

Market Financial Solutions (MFS) has renewed and upsized multiple institutional funding lines of over £1 billion to fuel the growth of its loan book.

The additional capital from multiple institutional investors enhances MFS's capacity to offer a wide range of financial products, including bridging, buy-to-let, its new Bridge Fusion range, and commercial real estate loans.

Founded in 2006 and based in London, MFS specialises in large and complex property-backed loans, offering financing options up to £50 million with terms ranging from three months to five years. The additional package includes committed funding for long term commercial real estate loans, large loans (£5 million and above) and MFS Bridge Fusion loans (24-36 month terms).

Paresh Raja, CEO of MFS, commented: “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.

“The renewed funding line will help MFS support those investors and brokers, and the continued backing and confidence that we receive from these investors demonstrates the quality of MFS’s products and operations. It’s been a busy six months, and I look forward to seeing MFS go from strength to strength in the second half of the year.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.