Hoist Finance acquires a portfolio of SEK 10 bn and deepens partnership with Lowell
As announced in Lowell Group’s earnings report for the first quarter 2024 published today, Hoist Finance has acquired a portfolio from Lowell Germany. The portfolio has an outstanding balance of SEK 10 billion and will be serviced by Lowell Germany under a six-year servicing agreement, in an arrangement similar to our collaboration in The UK and in Sweden. “This transaction is another example of our strong partnership with the Lowell Group and our continued focus on collaborating with industry peers across Europe. We at Hoist Finance remain committed to acting as a value adding problem