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Assetz Capital introduces new institutional line of funding
Fundraising - MARCH 16, 2018

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Assetz Capital introduces new institutional line of funding

by Andrea Zander

London-based Assetz Capital has partnered with an institutional investor, part of a $100 billion–plus global multi-asset manager, to provide a new line of funding that is dedicated to the residential property bridging, refurbishment and conversion markets.

The new partnership provides an additional funding line for Assetz Capital to help it develop a wider range of funding for business borrowers and their intermediaries. This will further support borrowers seeking funding for residential refurbishment and bridging loans — of up to £5 million ($7 million) per project — and also allows for slightly increased LTV levels in the right cases — up to 75 percent. “This new institutional funding line is with a major institutional group that has the capacity to support a substantial amount of ongoing funding,” said Stuart Law, CEO at Assetz Capital. “It is also one that we know will further widen the scale and scope of lending to the businesses that we support. In

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