High-net-worth (HNW) and ultra-HNW (UHNW) capital provider Tenn has grown its funding mix to over £1bn and added a capital facility across the UK.
Tenn said the capital facility, which is available across the UK, means private clients can “enjoy the same quality of engagement and understanding of their specific requirements and circumstances” that the lender offers on its global platform.
It said the launch of the facility would serve clients with mid-tier capital requirements and mixed UK-based portfolios, and was “driven by demand from its professional partners”.
Matt Watson, CEO of Tenn, said: “Our success in international markets has proven that the capital requirements of premier, private clients deserve a more agile approach and intelligently innovative solutions. We deliver this consistently for our clients through our evolving high-value products and high-touch services.
“With the expansion of our funding capacity to over £1bn, we are pleased to be able to introduce our new, broadened service to the UK-specific market, where we have had much demand from new HNW clients with national or multi-class asset portfolios.
“We can transfer our extensive experience and deep understanding of these portfolio profiles to provide the rapid liquidity needed by our clients in their real estate transactions – ensuring swift, reliable and favourable outcomes.”
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