This facility builds on the ongoing partnership between Triple Point and MT Finance, following £8m of funding from Triple Point in 2021 to complete the management buyout of the company.
The latest facility will be used to support the lender’s loan originations and investments in operations.
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Joshua Elash, CEO at MT Finance (pictured above), commented: “Triple Point has been an excellent partner to MT Finance over the last several years and we are delighted to have the opportunity to further expand the relationship.
“This new facility will help drive our exciting growth plans as we look forward into 2024.”
Ellis Diamanti, relationship director at Triple Point, added: “We are pleased to continue our relationship with MT Finance by providing this new facility.
“Having first supported the management buy-out in 2021, the business has continued to enhance its reputation as a leading property finance provider in the UK.
“We look forward to supporting the business’ future ambitions.”
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