Asset management platform LendInvest has agreed a £150mn partnership with Barclays and HSBC.
In Brief:
LendInvest is an asset management platform for property finance.
The banks will fund short term mortgages through the LendInvest platform.
Existing partners also Citibank, JP Morgan and NAB.
What does this mean?
LendInvest aims to help borrowers access finance within days, using technology to enable faster processing and decision making. Barclays and HSBC will now be able to lend through the platform.
