Avamore Capital secures new significant funding line from Shawbrook
Avamore Capital, a leading provider of bridging and development loans, has secured a new substantial funding line with Shawbrook Bank, a leading UK specialist bank.
At a glance
Avamore Capital, a leading provider of bridging and development loans, has secured a new substantial funding line with Shawbrook Bank, a leading UK specialist bank. This multi-year, multi-million-pound facility is the latest funding line acquired by Avamore and will be vital in supporting Avamore Capital’s ambitious growth plans.
This new funding line will further streamline the funding process, enabling borrowers to access the capital they require even faster, allowing them to move their projects forward without delay.
I am delighted to have closed this facility with Shawbrook. They are one of the leading UK Specialist banks and have been a joy to work with on securing this new funding arrangement. Despite some of the challenges the market has experienced over the last couple of years we remain excited about the future of the UK property market. This partnership markedly improves ours, and our broker partners, ability to help a range of property developers and investors. I’d like to thank the teams at Avamore, Shawbrook and our legal teams for their hard work and I look forward to seeing the partnership grow over the next few years.
Avamore will work closely with Shawbrook to provide funding solutions that align with its clients’ specific goals and objectives. By embracing a more dynamic approach to funding, Avamore can quickly allocate resources where they are most needed and capitalise on emerging opportunities, whilst navigating the ever-changing economic landscape with confidence and resilience.
This new Platform Lending facility joins the three existing funding lines and marks another step towards its commitment to supporting property developers, and meeting market demand.
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