
Pollen Street announces £150m senior secured credit facility with MSP Capital
Pollen Street announces a new £150m Senior Secured Credit Facility with MSP Capital, a UK Bridging and Development Lender
MSP Capital provides specialist senior secured lending to SME property developers and investors via an extensive range of development and bridge loans. The business is one of the longest established lenders in this market having been founded in 1981 and benefits from an experienced management team alongside a large recurring client base. Cabot Square Capital acquired a controlling stake in MSP Capital in 2018 with the founding shareholders retaining a substantial minority.
MSP Capital has originated over £1.3bn to date. The lender has developed an established customer base and demonstrated an excellent track record through a number of economic cycles.
The facility will enable MSP Capital to grow their bridging and development loan portfolio and continue to support their growing client base of SME housebuilders and property professionals.
Connor Marshall-McKie, Investment Director at Pollen Street Capital, said: “We are delighted to extend our partnership with MSP Capital. The team has a fantastic track record, with over 40 years’ experience in property finance and deep knowledge of their local markets, representing a great fit for our asset backed credit strategy.
“Pollen Street's deep experience in supporting bridging and development lenders has enabled us to create meaningful impact across the UK and European development landscape. Through this enhanced collaboration with MSP Capital, we're proud to expand our commitment to financing affordable housing developments.”
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