TAB has announced that it has surpassed £500m in loan redemptions since launching in 2018, marking a significant milestone for the specialist real estate finance and investment company.
The firm said the achievement highlighted the strength of its underwriting, the resilience of its portfolio and the effectiveness of its recoveries team. It follows shortly after TAB secured a £500m funding facility with AB CarVal, which the business said would help propel it towards its target of a £1bn loan book.
Duncan Kreeger (pictured), chief executive of TAB, said: “Reaching £500 million in loan redemptions is a major milestone for TAB.
“It is a clear validation of our lending model and the strength of our underwriting and risk discipline, delivering not just speed and flexibility but consistently positive outcomes across our portfolio.
“When clients repay at this scale, it shows trust in the process, confidence in the product, and belief in the platform.
“Combined with our £500 million institutional facility from AB CarVal, this moment marks a new chapter in TAB’s growth and underlines our ambition to become the UK’s leading non-bank lender.”
STRONG GROWTH TRAJECTORY
The company said it intends to leverage its partnership with AB CarVal to expand lending capacity, support a wider range of borrowers and create new investment opportunities. It is also investing in technology, embedding artificial intelligence across asset-backed finance to enhance decision-making and improve efficiency.
TAB said it remains committed to its founding principles of trust, transparency and execution as it seeks to scale its operations and strengthen its position as a prominent non-bank lender in the UK.
