Shawbrook Reaches £100M in New Funding Limits for Speciality Finance Customers
Shawbrook’s Speciality Finance team has reached a significant milestone, exceeding £100 million in new credit limits for its existing customers in 2024.
At a glance
Shawbrook’s Speciality Finance team has announced a significant milestone, exceeding £100 million in new credit limits for its existing customers this year. This achievement underscores the bank’s commitment to supporting specialist non-bank lenders in the property finance, SME lending, and consumer lending sectors.
Nearly a quarter of Shawbrook’s existing clients have secured increased credit limits, totaling over £100 million in 2024, demonstrating the bank’s commitment to supporting the growth of its clients across all stages of their development. Shawbrook provides direct and indirect financing to property professionals, SME leaders, and consumers, helping them achieve their financial goals.
Shawbrook’s Speciality Finance team’s milestone builds upon a similar achievement last year when the team exceeded £1 billion in live facilities. These milestones highlight Shawbrook’s ongoing commitment to supporting the non-bank specialist lending sector.
Recently, Shawbrook increased funding facilities for One Stop Business Finance and Albatross, two specialist lenders focused on SMEs and bridging loans, respectively.
This achievement, by the lenders we support, underscores the ambitious growth plans and commitment to their own customers.
Warren Mutch continued:
By providing these lenders with the necessary funding, we are helping them to serve a wider range of customers and contribute to the overall health of the lending sector. It’s inspiring to be part of such a thriving industry, and we look forward to deepening our relationships further while welcoming new lenders seeking tailored funding solutions for their businesses."
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