The Montello Income Fund was a real estate bridging finance fund that is focused on lending against the residential property market in the United Kingdom (specifically in London).
[5] The Montello Income Fund is set up as a UK dual exempt unit trust and limited partnership that was open to individual investors, offshore bonds, and Self-invested personal pension (SIPP) investors.
As a bridge financing specialist, Montello provided short-term funding solutions for borrowers.
Examples of where Montello provides bridging finance includes auction purchases, for corporate cash-flow issues, to complete under-market value purchases, or other instances where fast settlements are required.
[7] In 2013, it spun off the business to LendInvest which became a fintech lending company.