Triple Point has originated a £55 million facility for Perch Group, the Blackpool-headquartered credit score administration enterprise, as a part of an enhanced £400 million funding platform supposed to assist continued UK development and expertise funding. The deal, introduced on 7 October 2026, provides Triple Point to a lending panel that already contains NatWest Group, Hampshire Trust Bank, Shawbrook Bank, Paragon Bank and Lloyds. Quilam Capital, an early backer, stays a fabric fairness investor within the enterprise.
Founded in 2016, Perch has expanded from a regional start-up into a bunch with greater than 500 workers, over a million prospects below administration and belongings below administration exceeding £1 billion. The group operates throughout the complete credit score administration lifecycle via 5 subsidiaries: debt purchaser Perch Capital, buyer engagement specialist ACI UK, discipline providers supplier Verify, SRA-regulated regulation agency TM Legal and outsourced contact centre enterprise Perch Connect. Combining these capabilities below a single possession construction is central to the agency’s positioning.
The deal
Ellis Diamanti, head of specialty finance at Triple Point, described Perch as “a genuine UK growth story, built outside London into one of the country’s leading credit management platforms with a ten-year track record.” He added that Triple Point seems to be ahead to supporting the enterprise because it enters its subsequent part of growth.
Mark Pickup, chief monetary officer at Perch Group, mentioned the expanded funding bundle “provides a strong foundation for future growth as we continue investing in technology and delivering outstanding customer outcomes.” The firm didn’t present additional element on the particular expertise tasks the capital will fund, nor did it disclose the person mortgage tenors or pricing inside the £400 million platform.
Fieldfisher LLP acted as authorized adviser to Perch Group. Hunton Andrews Kurth LLP suggested Triple Point and Ashurst Perkins Coie LLP suggested the senior lending syndicate.
Market context
The UK debt buying and credit score administration sector has attracted vital institutional capital over the previous a number of years, with lenders drawn to the mix of comparatively predictable money flows from bought debt portfolios and the regulatory readability supplied by the FCA‘s consumer credit regime. The FCA’s Consumer Duty guidelines, which got here into full impact in 2023 and prolonged to closed merchandise in 2024, have positioned heightened obligations on credit score administration companies to reveal good outcomes for prospects in monetary problem. Perch’s built-in construction, which brings authorized, discipline and call centre capabilities in-house, is partly a response to that compliance setting: proudly owning the complete buyer journey reduces reliance on third-party brokers and offers the agency extra direct management over conduct threat.
For Triple Point, the ability extends the agency’s specialty finance guide, which sits alongside its clear power, social housing and ventures methods inside an roughly £2.5 billion under-management platform. Specialty credit score origination within the client debt buying area requires deep sector information to evaluate portfolio high quality, and the deal alerts Triple Point’s urge for food to compete with extra established credit score fund managers on this nook of the personal credit score market.
The breadth of the senior lending syndicate, spanning high-street names and specialist challenger banks, displays the maturity Perch has reached as a borrower and the boldness that a number of regulated establishments have positioned in its underwriting and collections mannequin. The subsequent indicators to observe are the tempo at which Perch deploys the expanded facility into new portfolio purchases and the particular expertise build-out it funds, each of which is able to form whether or not the group can maintain AUM development past the £1 billion mark.
AI degree 1 of 5: written by Darlyn Ho; AI helped with tone, construction or wording; edited and signed off by Mark Walker, Editorial Director. What the levels mean
