Marc Goldberg

Together reports £150m funding increase

Specialist lender Together has increased its funding following the issuance of £150m in senior secured notes.

The increased funding affirms the lender’s financial strength as it continues its growth plans across both commercial and personal finance businesses.

“Having been providing finance for 44 years, we’re established as leaders in the specialist lending market, but we have big plans for continued growth,” said Marc Goldberg, commercial CEO at Together (pictured above).

“This additional funding will enable us to support more customers and is a testament to the strength of our successful business model.”

Gary Beckett, group managing director and chief treasury officer at Together, added: “Alongside our established securitisations and recent successful debut RMBS (residential mortgage-backed security ), our bonds are an important cornerstone of financing the continued growth of our loan book.

“This bond tap offers increased liquidity to an already successful issue and adds further depth and diversity to our funding structure.”

Pete Ball, personal finance CEO at Together, said: “In the past year, we’ve widened our distribution across mainland UK and expanded our product offering so that we can help even more customers to access the finance they need, so we’re delighted with this £150m increase in funding which will enable us to continue with our expansion.”

Sign up to our newsletter to receive more news like this story

I accept that by joining the B&C mailing list, I will receive relevant news and promotional material via B&C on behalf of its partners and advertisers. Your data will not be passed on to any third party.
No, thanks, just the news please.

Leave a comment