BloomSmith set to expand services in property sector with renewed funding line from Shawbrook
Shawbrook has renewed its revolving credit facilities to support specialist provider of VAT bridging loans, BloomSmith with its growth plans.
At a glance
BloomSmith has renewed its funding line with Shawbrook, reaffirming a long-standing relationship that underpins the firm’s 2025 expansion plans.
The renewed facility ensures BloomSmith remains firmly positioned to deliver fast, reliable VAT funding to property investors and developers at a time when confidence is beginning to return to the UK’s commercial real estate sector.
Shawbrook has been an outstanding partner for us over the years, and this renewed facility is a clear vote of confidence in our business and the role we play in supporting British real estate transactions.
Nigel Smith, added:
“As enquiries rise and sentiment starts to shift in a more positive direction, this renewed backing gives us the firepower to meet demand and continue helping our clients move quickly on deals, without the cash requirement associated with VAT becoming a stressful sticking point.”
Matthew Newman, Director, Speciality Finance at Shawbrook said:
“We’re delighted to continue our partnership with BloomSmith, a business that has consistently demonstrated both innovation and reliability for us and their customers, in a niche but essential area of property finance.”
With the UK commercial property sector expected to rebound across 2025, according to RICS latest UK Commercial Property Monitor, BloomSmith is primed to help both domestic and overseas investors seize opportunities without unnecessary financial friction.
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