Founded in 2013, Assetz Capital claims it has become a leading alternative finance provider to SMEs in the UK.
Now, as the business marks its ten years of doing business. The firm announced “that over the course of its history its supported the construction of over 7,000 new homes.”
Over the years the business says it has “provided accessible financing options to UK businesses, helping them to grow and expand, creating jobs and contributing to the economy by providing flexible and accessible financing options.”
With property development finance, bridging loans and commercial mortgages, the company has “supported well over 1,000 businesses, lending over £1.5 billion.
With SME housebuilders, Assetz Capital says it has “played a key role in addressing the UK’s housing shortage by providing development finance.”
By supporting the construction of over 7,000 new homes across the country, this has helped to grow “the supply of much needed housing and helped keep price growth under better control at a time of high demand.”
This means that, over the past few years, the company “has funded the equivalent of around 1 in every 12 homes built by SME housebuilders.”
Assetz Capital has also “provided significant funding in the property development market, providing finance not just for residential developments but also for large-scale projects such as purpose-built student accommodation commercial property, and the care sector.”
Aside from property development, Assetz Capital also “provides commercial mortgages in most business sectors and across the whole of the UK.”
As a key lender, “operating in short to medium-term lending, Assetz Capital offers borrowers, and their advisers, a range of bespoke property-backed specialist finance solutions.”
Making a positive impact in the community, over the years Assetz has “donated and raised many thousands for local charities and causes, making a positive impact on the community by helping fund projects ranging from education and health to housing and the arts.”
As Assetz Capital enters its 10th year of operations, it is clear (according to the firm) “that the company has made a significant impact on the UK finance industry, the housing market and large numbers of SME businesses across the country.”
With flexible and accessible financing options, innovative technology, and a commitment to responsible lending practices and community involvement, Assetz Capital claims it is “well-positioned for continued growth and success in the years to come.”
Stuart Law, founder and CEO at Assetz Capital, said:
“It is humbling to see what our team at Assetz Capital has achieved over the past decade, alongside its funders providing loan capital for us to lend. From our aspirational beginnings ten years ago, to now becoming one of the top alternative finance providers in the UK, we have supported thousands of businesses and investors in realising their financial goals. Our substantial support for the SME housebuilding sector, helping it grow back and compete again with the national housebuilders is particularly satisfying.”
As noted in the update:
“Our commitment to providing accessible and common sense lending to businesses, whilst embracing technology and innovation, and also making a positive impact in the community has been key to our success. As we celebrate our 10th anniversary, we look forward to continued and even greater growth and impact in the future.”
Andrew Charnley, managing director at Assetz Capital, added:
“Assetz Capital has been at the forefront of addressing the financing needs of UK businesses and property developers, contributing to the growth of the economy and the construction of thousands of homes. As we reflect on our accomplishments over the past 10 years, we are excited about the future and the opportunities ahead.”