Tab, a UK-based property finance firm, has secured a £500 million funding facility from funds managed by AllianceBernstein’s alternative investment division, AB CarVal, to support its transition from a bridging loan specialist to a mainstream lender.
The new facility, announced on September 9, 2025, builds on Tab’s previous financing efforts, including a £300 million private securitisation facility secured with NatWest and Atalaya Capital Management in October 2023. This latest agreement will enable the full-scale launch of Tab Mortgage and Tab Bridge, marking a strategic shift for the company.
Tab Mortgage offers long-term financing solutions for residential, semi-commercial, and commercial properties. Concurrently, Tab Bridge provides short-term bridging loans designed for property transactions requiring interim financing. These flagship lending products were relaunched in June 2025 with updated service level agreements, clearer pricing structures, same-day turnaround times, and a simplified lending process for borrowers.
Founded in 2018 by CEO Duncan Kreeger, Tab has lent over £600 million since its inception. Mr. Kreeger stated that future product growth will be driven by “developing intelligent systems that improve speed, precision, and decision-making throughout the lending lifecycle.” The company also indicated plans to introduce a new product called Core Plus, aimed at borrowers who fall just outside traditional institutional lending criteria, with further details yet to be disclosed.
Prior to the current AB CarVal facility, Atalaya Capital Management had provided Tab with a revolving credit facility of up to £120 million in February 2022, demonstrating a history of institutional backing for the property finance platform.
