Sancus Lending Group Limited
("Sancus", the "Company" or the "Group")
Increased and Extended Credit Facility
Sancus Lending Group Limited (AIM: LEND) is pleased to announce that it has entered into definitive legal agreements to increase the size, and extend the maturity, of its existing credit facility with Pollen Street Capital ("Pollen Street"), following a strong year of lending growth across its UK and Ireland businesses.
Under the revised terms, the size of the facility has been increased from £200 million to £300 million, with the tenor extended such that it will now mature no earlier than 11th February 2031, providing at least five years of committed funding from the date of the agreed terms.
The upsized and extended facility enhances Sancus' funding capacity and flexibility, supporting the continued growth of its property-backed lending platform across the United Kingdom, Ireland and the Channel Islands. The transaction builds on a period of strong operational and financial performance for the Group, including material growth in lending activity, expansion of the loan book, a significant improvement in profitability and continued balance sheet strengthening through the proactive reduction of leverage and refinancing risk, as outlined in the Company's trading update released on 28 January 2026.
The facility extension further strengthens Sancus' long-standing partnership with Pollen Street and reflects Pollen Street's continued confidence in the Company's strategy, underwriting discipline and leadership, as well as the resilience and momentum demonstrated across the Group's core businesses.
James Waghorn, Chief Investment Officer at Sancus Group, said: "We are delighted to complete another extension of our successful partnership with Pollen Street. The increased and extended facility is a strong endorsement of our platform, performance and leadership team and provides enhanced flexibility to support our continued growth across the UK and Irish markets."
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Sancus Lending Group Limited
Rory Mepham, Chief Executive Officer
James Waghorn, Chief Investment Officer
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+44 (0)1481 708280
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Shore Capital (Nominated Adviser and Broker)
Tom Griffiths / George Payne (Corporate Advisory)
Oliver Jackson / Ansh Batura (Corporate Broking)
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+44 (0)20 7408 4050
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Redwood Co Sec Limited
Charlotte Sanders
Gwen Norman
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+44 (0)1481 701950
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