Specialist Lending

Evolution Money secures £100m debt facility with NatWest

Rozi Jones
|
11th July 2019
NatWest
"I am delighted that we are continuing our partnership with NatWest who have supported Evolution since 2013."

Evolution Money has announced a new three year £100m senior debt facility with NatWest to secure its capital requirements.

Evolution says the new facility will allow it to "continue delivering its growth plans whilst capitalising upon exciting new product opportunities".

Steve Brilus, CEO of Evolution Money, said: “I am delighted that we are continuing our partnership with NatWest who have supported Evolution since 2013. This sizeable commitment reflects our strong working relationship with the NatWest team, their confidence in our business and a shared vision of the future opportunities that exist in our sector."

Matt Glew, relationship director at NatWest’s large corporate and institutions business, added: “We are very happy to have closed this new facility with Evolution, and are looking forward to continuing to work closely with Steve and the team as the business moves into the next stage in its journey. We have extensive experience in the second charge mortgage sector and are excited to see Evolution grow with our support.”

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