Future Finance, a London, UK-based private student lender, closed a £100m funding facility agreement with Waterfall Asset Management.
The new debt facility will allow the company to continue to grow its student lending business.
Led by CEO Alex King, Future Finance provides tailored loans to UK students whose government loans and bursaries are insufficient to cover higher education costs. To date, The company has raised over €90 million in equity and £150 million in debt, and has funded close to £70 million in loans to deserving students.
Future Finance is authorized and regulated by the Financial Conduct Authority in the UK Firm Reference Number is 719436.