Real Estate lender Zenzic Capital gears up for expansion with support from Shawbrook

• Zenzic Capital is a real estate credit investment manager with a diverse funding capability
• Zenzic is looking to provide additional financial support for real estate groups and developers, many of whom are underserved by wider capital markets
• The funding package agreed with Shawbrook includes a multi-million pound Revolving Credit Facility

Zenzic Capital has diverse funding capabilities, providing both single-site and platform level funding across acquisition, development, and special situations in the UK and across Western Europe. 

With a strong track record of performance, Zenzic is now looking to help more developers thrive at this crucial time for the economy. Transactions include acquisition and development finance with each Zenzic facility structured to drive value and borrower alignment. 

The funding package agreed with Shawbrook includes a multi-million pound Revolving Credit Facility that will provide Zenzic the ability to scale sustainably and meet its needs as a growing enterprise.

The teams at Shawbrook and Zenzic Capital have built a strong relationship over the course of several years, helping Shawbrook to build a greater insight into the operations and performance of the lender.

The strength of this relationship, coupled with Shawbrook’s extensive knowledge of the development finance sector and the flexible terms they were able to offer, were key determinants in Zenzic’s decision to choose Shawbrook as their funding partners.

Travers Smith Law Firm acted for Shawbrook on the deal.

Nadine Buckland, MD of Zenzic Capital said:

“We are delighted to have secured a funding line from Shawbrook. The team there understood our objectives in meeting our clients’ needs and crafted a solution that provides the bandwidth for our longer-term growth plans.”

Nadine added, “This partnership is testimony to our team which supports UK developers and the funding is perfectly timed as we grow our business. Extending our funding lines will enable us to help more developers realise their potential at this crucial time of the economy. Property development is a key element of the backbone of the U.K.’s economy, and with a majority of our customers requiring repeat funding, we will be able to continue to see to their needs.”

Ismail Farhat, Director of Structured Finance at Shawbrook, said:

“Zenzic Capital is a rapidly growing enterprise who have all the hallmarks of a successful developmental lender. We have been impressed with the team’s track record, particularly throughout the covid-19 pandemic where they maintained their loan book performance despite the obvious challenges. The team are hands on in their approach to lending, which chimes with our own ethos as a lender, and we’re looking forward to supporting them as they scale.”