LendInvest has extended its existing separate account with JP Morgan by an additional £500m, boosting the overall funding to a total of £1.5bn.
This funding will be used to support the growth of LendInvest's Mortgages proposition.
As a result, LendInvest now has more than £4.55bn of funds under management, as investors seek secured, asset-backed investment opportunities in property finance.
Rod Lockhart, CEO at LendInvest, (pictured above) said: "We are delighted to extend our funding partnership with JP Morgan.
“This milestone transaction is a major vote of confidence in LendInvest and its market-leading origination capability and technology, and it demonstrates our continued ability to scale our strategic partnerships.
"This extension will significantly strengthen our already competitive BTL proposition, ensuring we remain at the forefront of the industry through our innovative approach and exceptional customer service."
