Peer2Peer Finance News
The UK's first peer-to-peer finance magazine for investors and the industry
  • Home
  • News
    • Personal Finance News
    • Industry News
    • SME News
    • Global News
  • Property
  • IFISA
    • IFISA Guide
  • Video
  • Open Banking
  • Cryptocurrency
  • Features
    • Joint Ventures and Promoted Content
  • Comment & Analysis
  • What is P2P?
  • Partners
  • Events
    • Past Events
  • P2P Power 50
    • Power 50 2020
    • Power 50 2019
    • Power 50 2018
    • Power 50 2017
  • Sign up to our e-newsletters
  • Magazine
  • Directory
  • Jobs
  • My Account
    • Manage Account
    • Change Password
    • Log In
    • Log Out
DavidTurner-CEO-InvestandFund
November 2 2017

Invest & Fund passes £30m lending milestone

Suzie Neuwirth Industry News, News alternative finance, David Turner, Invest & Fund, property finance

PROPERTY lender Invest & Fund has passed £30m in lending, following the completion of a £5.6m residential development facility.

“We passed £25m in total lending in late October,” Invest & Fund’s co-founder and chief executive David Turner (pictured) said.

“Our most recent development deal takes us above £30m, showcasing our ability to find and deliver development and bridging loans from £250k right up to and beyond the £5m mark.”

Read more: Want to invest in property? Then take a look at these peer-to-peer platforms

The platform specializes in residential property development finance which has been valued at between £250,000 and £5m. The latest deal was funded by the Invest & Fund’s institutional lender base, although the platform is also open to investments from individuals and brokers. Since December 2015, individual and institutional lenders have also traded more than £11m on the resale marketplace.

Earlier this year, Invest & Fund became the latest alternative lender to win full authorisation from the Financial Conduct Authority.

It has recently expanded its team by appointing new business development managers in London, the midlands and North-West England.

Read more: Invest & Fund hires ex-banker Adam Barrett to woo institutions

RateSetter changes approach to property loan defaults Grand Ambition

Related Posts

Consultant Dismantling A Work Team In Cyberspace

Industry News, News, Top 3

Honeycomb reshuffles board and declares dividend

Businessman holding a light bulb

Industry News, News, Top 3

P2P stakeholders welcome Kalifa recommendations

hire

Industry News, News, Top 3

VSL promotes non-executive director to chairman

Popular posts:

  • Funding Circle strikes another CBILS securitisation
  • RateSetter to stop investment withdrawals from 26 March
  • UK Finance calls for global fintech cooperation
  • Metro Bank plans to offer RateSetter lending through…
  • RateSetter confident of growing Metro Bank’s…
  • FCA puts the brakes on Buy2Let Cars
Back To Top
  • Home
  • Contact
  • About
  • Team
  • Advertising
  • Subscribe
  • Privacy
  • T&Cs
  • Disclaimer

Follow Us on Social Media

© Peer2Peer Finance News 2020
• Additional design by