SDKA secures block discounting facility from Downing LLP

SDKA has announced a new funding partnership with Downing LLP.

The facility — of an undisclosed amount — will provide further flexibility to the bridging finance specialist, enabling it to expand its capacity and serve more of the UK market.

Kunal Mehta, managing director at SDKA, said: “This partnership adds further diversity to our funding panel, which includes two banks and now an investment manager in Downing LLP. 

“The funding we have secured enables us to accelerate our growth and react quickly to deals to offer fast, efficient, and transparent lending solutions. 

“It is a testament to our reputation and to the team at SDKA that we have been able to secure this exciting new partnership with Downing LLP, a well-capitalised investment manager. 

“Downing LLP clearly understands our market and requirements and we look forward to working with it.”

Ian Allder, head of block discounting at Downing LLP, commented: “Downing LLP is delighted to partner with SDKA.

“This relationship marks our continued commitment to the block market and illustrates our capabilities in serving the bridging finance sector. 

“SDKA is a standout business in the bridging finance market and we have been impressed with the quality of its loan book and team.”

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