The new funding is dedicated only to UK short-term funding loans, while the firm’s new UK product covers residential, commercial and semi-commercial loans from £1m with no upper limit.
The move into the UK by TENN is designed to more broadly serve clients with mid-tier capital requirements and mixed UK-based asset portfolios.
- The Finance Professional Show 2024: The Video
- Tenn Capital completes £40m super-prime London bridge loan
- Tenn reaches record lending in March 2024
Matt Watson, CEO at TENN (pictured above), commented: “With the expansion of our funding capacity to over £1bn we are pleased to be able to introduce our new, broadened service to the UK-specific market where we have had much demand from new HNW clients with national or multi-class asset portfolios.”
In March of 2024, TENN reached a record level of monthly lending, with a combined lending value of over £55m.
Leave a comment