David Turner

Invest & Fund smashes £30m lending mark

Bridging and development finance platform Invest & Fund has passed the £30m lending milestone after providing a £5.6m residential development facility.

Invest & Fund financed the deal via its institutional lender base.

Individual and institutional lenders on the platform have traded more than £11m on the resale marketplace since December 2015.

“We passed £25m in total lending in late October,” commented David Turner, CEO and co-founder of Invest & Fund (pictured above).

“Our most recent development deal takes us above £30m, showcasing our ability to find and deliver development and bridging loans from £250,000 right up to and beyond the £5m mark.”

Invest & Fund works alongside a network of brokers, developers and over 500 individual and institutional lenders to assess, structure and deliver residential property development finance of between £250,000 and £5m.

The platform recently received full authorisation from the FCA and has appointed additional business development managers in London, the Midlands and the North West of England.

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