Triple Point triples Red Kite Lending's credit facility to £50m
What's the deal? Triple PointDealroom has a profile for this one. Try Dealroom → has renewed and increased a credit facility for UK bridging lender Red Kite Lending, taking it from £15m to up to £50m.
The London-based investment manager said the larger facility gives Red Kite additional capacity to support its continued expansion.
"This upsize reflects the confidence we have in Red Kite's team and the discipline they've shown in scaling the business," said Sam Stuart-Smith, Triple Point's head of relationship services. "We're proud to deepen the partnership and support their next stage of growth."
The partnership between Triple Point and Red Kite was established in 2024. Red Kite provides short-term property lending and development finance to professional landlords, developers and property investors across the UK.
Read more: Alternative Credit Investor