Ashcombe advises Spring Finance on £100M financing

Ashcombe is pleased to announce that it has acted as sole financial adviser to Spring Finance in relation to its successful raising of a £100m bank funding line.

Spring’s CEO Stuart Epstein said: “We are delighted to have raised this substantial bank funding line. This demonstrates the strength of the business and also gives us an excellent platform to increase our lending capability within the market. The increased level of broker distribution means that Spring Finance is in an excellent position for future growth within the dynamic second charge loan market.”

Andreas Wesemann, of Ashcombe Advisers said: “We are very pleased to have acted as financial adviser to Spring on raising this funding line. Spring operates in a market in which we see significant future growth potential.”