UK based mortgage marketplace has raised £200m in debt capital from HSBC.
The company, which offers individuals and institutions investment opportunities in UK mortgages, has gained the fresh financing from HSBC in the form of a loan. The money will allow the company to enter the regulated home loan market, offering short-term bridging finance for up to 12 months to homeowners. The move comes after it emerged last month that LendInvest had hired advisers at Lazard to assess various options including a £500 million potential initial public offering (IPO).