LendInvest extends JP Morgan debt financing agreement to £1.5bn

LendInvest has extended its funding agreement with JP Morgan by £500 million, increasing the total value of the account to £1.5 billion.
JP Morgan has supported LendInvest since 2021, starting with an initial £500 million investment and a prior purchase of its £125 million mortgage portfolio.
With this extension, LendInvest’s funds under management have surpassed £4.55 billion, driven by investor interest in asset-backed property finance amid current macroeconomic conditions.
LendInvest plans to use the new funding to expand its mortgage offering, which began in 2019 with £200 million in funding from HSBC. Other major backers include Barclays, BNP Paribas, Citi, Lloyds, National Australia Bank, Wells Fargo, and Chetwood Financial.
The company operates an online marketplace for property finance, offering buy-to-let mortgages, development finance, and bridging loans.
LendInvest has been publicly traded on the London Stock Exchange since 2021, with over £7 billion lent since its founding in 2008.
JP Morgan declined to comment on the extension.