TAB has completed a private securitisation facility with NatWest and Atalaya Capital Management of up to £300m to support its lending products.
Both funding partners support TAB's commitment to offering ESG-focused mortgage loans to borrowers, prioritising sustainable and responsible business practices.
As part of the funding line, Atalaya Capital Management is strengthening its partnership with TAB by providing mezzanine notes for the facility, demonstrating its continued commitment following a £120m revolving credit facility which closed in 2022.
Duncan Kreeger, CEO and founder of TAB, said: “Our new funding line marks a monumental moment for TAB. Partnering with an established institution of NatWest's size is testament to the progress we have made and the confidence in our vision. The completion of the private securitisation facility is a strategic move that will significantly enhance our ability to provide more competitive and flexible financing options to our borrowers for both short term bridging finance and longer term mortgages."
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