Hope Capital expands funding line with Shawbrook Bank

By Bridging Loan Directory 23rd December 2024

Hope Capital has revealed it has secured additional multi-million-pound funding from Shawbrook Bank, enabling the lender to boost its funding capabilities significantly.

Having partnered with Shawbrook Bank last year, this marks Hope Capital’s second increase within 12 months, which will be instrumental in diversifying the type of loans the lender can offer to help support brokers and borrowers with its flexible and bespoke product range.

Kate Cowan, Chief Financial Officer at Hope Capital, said:

“Thanks to the continued support from Shawbrook Bank, this positions us fantastically as we anticipate achieving our most successful year to date in 2025.

Having supported a diverse range of borrowers’ projects this year, this additional institutional funding demonstrates our commitment to facilitate further lending growth.”

Securing the right mix of funding is crucial; and this new facility positions us extremely well, as we continue with our exciting trajectory.

We’re very grateful to collaborate with the team at Shawbrook Bank who share our outlook for providing high-quality loans to help fuel the UK property market.”

Hope Capital’s bridging range is available up to £5m, across residential, semi-commercial and commercial property types, offering up to 80% LTV with rates starting from 0.85% across England, Wales and Scotland.

Warren Mutch, Head of Specialty Finance at Shawbrook, commented:

“We are thrilled to be part of Hope Capital’s growth journey.

Over the past 12 months, they have made impressive strides as a specialist lending business, and we are delighted to extend our support further with this increased facility.

We look forward to seeing the new heights Hope Capital will reach in the coming year as they continue to support more clients and help boost the UK property market.”