News

LendInvest to enter home loan market with up to GBP 20 mln HSBC funding

Tuesday 9 April 2019 00:24 CET | News

Mortgage marketplace LendInvest has announced that it will enter the regulated home loan market for the first time after securing up to GBP 200 million in funding from HSBC UK.

LendInvest’s first home loan product will launch this year, offering short-term bridging finance to homeowners for terms of up to 12 months.

The company uses a marketplace model and proprietary technology, supported by institutional funding, to offer attractive opportunities for both borrowers and investors.

Corporate investors and sophisticated or high net worth individuals can invest in the mortgages it writes via its Co-Investment Platform, discretionary fund and GBP 500 million LSE-listed bond programme.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: LendInvest, HSBC, funding, loans, finance
Categories:
Companies:
Countries: World





Industry Events