TriplePoint has increased its credit facility for UK bridging lender Red Kite Lending from £15 million to up to £50 million. The UK-based investment manager said the larger facility will provide Red Kite with additional capacity and 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, TriplePoint's head of relationship services. The partnership between TriplePoint 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.

Triple Point has provided UK-based consumer lender Plend with a £20 million senior revolving credit facility, with an additional uncommitted accordion of up to £30 million. This marks Triple Point's first transaction in consumer lending. Plend will use the facility to refinance existing funding and support new loan originations as it scales operations. The company uses open banking technology to assess creditworthiness based on real financial circumstances rather than traditional credit scores, targeting near-prime borrowers often overlooked by high street lenders. Both firms are certified B Corporations. Triple Point manages approximately £2.5 billion across private credit, clean heat, energy transition, social housing and ventures. The investment manager's specialty finance team has completed several similar facilities over the past year.

Hope Capital has secured an expanded £75 million funding line from investment manager Triple Point. The facility represents a £30 million increase from the previous £45 million arrangement. The relationship between the two companies began in 2018 with an initial £10 million facility, which was later increased to £45 million. This marks the second increase to the funding line. The enhanced funding will enable Hope Capital to diversify its product offering and provide more flexible finance solutions to broker partners and their clients. Ellis Diamanti, head of specialty finance at Triple Point, praised Hope Capital's underwriting discipline and sector expertise. Chief financial and operating officer Kate Cowan said the facility strengthens the loan book and reflects lender confidence in the company's strategy.