TAB has secured a £500 million funding facility from funds managed by global investment manager AB CarVal.
The facility will power the full-scale launch of its new product suites, TAB Mortgage and TAB Bridge.
TAB Mortgage provides flexible long-term finance with loans from £100,000 to £5 million, up to 75% LTV for residential and 70% for commercial properties.
TAB Bridge, the flagship short-term finance solution, also offers loans from £100,000 to £5 million, with terms up to 24 months and up to 75% LTV on residential properties.
The funding will also help TAB embed AI across asset-backed finance, developing systems to improve speed, precision, and decision-making throughout the lending lifecycle.
Looking ahead, TAB says plans are underway for Core Plus, a new offering targeted at borrowers just outside traditional institutional criteria.
Duncan Kreeger (pictured), CEO of TAB, said: “This is a transformational moment. CarVal’s backing isn’t just funding, it’s institutional validation of the platform we’ve built and the future we’re creating. We’re not here to follow the market; we’re here to reshape it.
“We’ve built a strong reputation in bridging. With this facility and a growing pool of institutional capital, we’re set to bring the same innovation and responsiveness to the mortgage market. Funding of this scale doesn’t happen by accident - Rikesh Saujani, Nick Robinson, Jason Shead, and the wider team were instrumental in bringing this deal to life, and Interpath were exceptional in helping us secure it.”
Robert Sinclair, managing director with AB CarVal, added: “As we continue to find opportunities in asset-based finance in the UK, we are delighted to support TAB with this new facility to help them continue to scale and enhance their bridge and mortgage product suite in the specialist lending market. The TAB team’s focus on product and tech innovation to better serve customer needs within a strong risk framework is differentiated and continues to meet strong market demand.”
Jack Dutton, director of financial services debt and capital advisory at Interpath, commented: "It was a real pleasure working with Duncan, Rikesh, Stephen and the wider TAB team on this transaction. Their clarity of vision and collaborative approach made the process rewarding from start to finish. This new facility will provide TAB with the platform to continue growing its bridging and commercial mortgage products, further strengthening its position in the market. We look forward to seeing the business go from strength to strength."
