CapitalRise originates £27.3m of loans in June

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CapitalRise CEO Uma Rajah

Leading specialist prime property finance company, CapitalRise, has originated £27.3m loans in June, a record month for 2022.

In June, CapitalRise provided loans for several projects in Prime Outer London and the Prime Home Counties.

These included a £2.6m development loan for a Hampstead residential project, and £9.1m senior bridging loan for a property in St. Georges Hill, Surrey, and a £15.6m loan for the development of five luxury homes on a 27-acre gated site in Farnham, Surrey.

Each of the loans required the provision of individual structuring to provide bespoke facilities that corresponded with the key requirements of the borrowers.

A key USP of CapitalRise is its deep expertise of prime property development through the full purchase and development cycle, which allows it to think differently to its competitors and provide attractive funding solutions for its customers.

Uma Rajah, CEO, and co-founder, CapitalRise said:

“The completion of these and other recent loans in Prime Central London show our commitment to continuing to support SME developers both in Prime London and the home counties.

We continue to grow our team to service the ever-increasing demand we are seeing for development finance in our chosen markets and are supporting our clients through the provision of ever innovative loan structures.

We have increased the depth of our funding lines in order to maintain the rapid growth of the business and we are excited about the opportunities ahead of us.”