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Together boosts funding with additional £150 million

31 January 2018

We recently announced a further increase in funding, with the issuance of £150m in senior secured notes.

The increased funding affirms our financial strength as we continue with our ambitious growth plans across both our commercial and personal finance businesses.

Gary Beckett, our group managing director and chief treasury officer, said: “Alongside our established securitisations and recent successful debut RMBS (residential mortgage-backed security), our bonds are an important cornerstone of financing the continued growth of our loan book. This bond tap offers increased liquidity to an already successful issue and adds further depth and diversity to our funding structure.” 

Marc Goldberg, our commercial CEO, said: “Having been providing finance for 44 years, we’re established as leaders in the specialist lending market, but we have big plans for continued growth. This additional funding will enable us to support more customers, and is a testament to the strength of our successful business model.”

Our personal finance CEO, Pete Ball, added: “In the past year we’ve widened our distribution across mainland UK and expanded our product offering so that we can help even more customers to access the finance they need, so we’re delighted with this £150 million increase in funding which will enable us to continue with our expansion.”


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Together - Marc Goldberg

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