The extension comes after taking out an additional £20m of funding three-months ago.
An initial funding line with Pollen Street was secured by MS Lending in August 2022, now totalling £90m.
Michael Stratton, CEO and founder of MS Lending Group (pictured above), said, “The further funds enables MSLG to fully focus on its continued growth journey for the second half of 2024, and most importantly provide our brokers and partners with a quality and service that is unmatched.
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“We are also proud to continue our relationship with Pollen Street Capital, to work with a funder who can take you from £0 to just shy of £100m and beyond is exactly what we needed, the relationship allows both companies to match each others business ambitions and I’m thrilled our relationship continues to flourish.”
James Bevans, investment director at Pollen Street, added: "we are delighted to continue to support MS Lending Group.
MSLG has built a fantastic track record, supported by deep expert knowledge of their clients and the bridging market.
“We value working with Michael and his team who are diligent, customer orientated and keen to grow their business — our real estate credit strategy aims to support fast growing experienced lenders helping to finance SME developers across the UK primarily in relation to residential-led schemes.”
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