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Sancus Lending Group increases credit facility with Pollen Street to £300 million

Sancus Lending Group has increased its facility with Pollen Street Capital from £200 million to £300 million and extended the term to 11 February 2031. The revised agreement secures at least five years of committed funding for the property-backed lending platform and is intended to support growth in the UK, Ireland and the Channel Islands. The move builds on the existing relationship with Pollen Street and follows a trading update showing improved profitability and a growing loan book. » More on de.investing.com

In 2017, Sancus Lending has already paid €0.00752 in dividends. The last payout was in April 2017.

In the last quarter, Sancus Lending had revenue of €13.48m and net profit of €943.29k