Committed over three years, the new funding agreement with an institutional-grade US credit platform enables Catalyst to expand its lending capabilities.
The lender will grow its bridging and refurbishment loan book by distributing competitive short-term finance to property developers and investors via mortgage intermediaries.
- What's in store for the bridging and commercial markets in 2024?
- House prices increase month-on-month in February, despite annual fall as 'buyers now sticking their heads above the parapet'
- 365 finance welcomes new CEO
Chris Fairfax, CEO at Catalyst (pictured above), commented: “Securing £750m investment is testament to the confidence our funding partners have in the Catalyst platform and, more importantly, in the brilliant work of my team who continue to deliver amazing results, with zero capital loss, during what has certainly been a challenging market.
“As ever, we have exciting growth plans and are ready to disrupt the specialist lending market with product innovation and meaningful solutions for our broker partners.”
Leave a comment