Kuflink, a peer-to-peer property lender, has secured a £35m revolving credit facility from Paragon Bank, arranged by European Risk Capital.

This new funding line will provide Kuflink with strategic access to institutional capital, scalable growth, new funding options, and a significant alternative source of debt finance.

Narinder Khattoare, CEO of Kuflink, stated that this facility will take Kuflink to the next stage in their growth plans, ensuring certainty of funding for their introducers and complementing their existing marketplace lending platform.

The debt facility, initially worth £35m, is subject to increase and comes with a flexible three-year commitment renewable annually.

Khattoare also assured that Kuflink remains committed to retail investors and that the Paragon funding line will not result in any changes to its existing business model.