Tagged: assetz capital

UK’s Assetz Capital Introduces Large Cash Advance Boosting Developer Cashflow

Assetz Capital, a funder in the SME development lending market, announce a significant enhancement to its development lending solutions, “offering stronger initial day one advances to developers on schemes up to 70% LTGDV.” This strategic offer is designed to equip housebuilders “with robust financial support… Read More

Assetz Capital Updates on Two Property Deals

Digital lender Assetz Capital has shared information on two transactions. Assetz Capital is an online lender supporting the property development sector. According to the company, one transaction included a £5 million commercial mortgage to refinance an ibis Styles hotel at Waterloo Street in Glasgow, owned… Read More

Assetz Capital Introduces Planning Assistance Loan Product

Manchester headquartered specialist lender, Assetz Capital, has launched a new Planning Assistance Loan product, aimed at supporting the conversion of commercial buildings in to residential dwellings The new product solution is specifically designed “to help experienced property developers acquire commercial buildings, with the intent of… Read More

UK’s Assetz Capital and Aros Kapital to Support Lending Markets

Assetz Capital and Aros Kapital have announced an expansion of their partnership in the UK lending market. This is expected to see Assetz Capital deploy more than £200m of Aros Kapital’s funding across various sectors in 2024, “as part of their overall lending volumes.” Having… Read More

UK’s Assetz Capital Comments on the State of Housing Market and Government’s Potential Role

Andrew Charnley, MD, Assetz Capital, says that housing has been a popular topic of discussion, as both the Conservatives and Labour start to gear up for the next general election. Andrew Charnley from Assetz Capital notes that the UK faces many pressing social issues, but… Read More

UK’s Assetz Capital Commits to Additional Investment in Northern Ireland

Assetz Capital has appointed Ciaran McGivern as Relationship Director for Northern Ireland following growth of our developer client base. Assetz Capital claim they have “provided £152m of property lending to the region focusing on residential development projects, office to residential refurbishment schemes and commercial mortgages.” As… Read More

UK’s Atom Bank Teams Up with Specialist Originator Assetz Capital

As part of a new collaboration, Assetz Capital will become a key introducer of commercial mortgage loan applications to Atom Bank. The expansion allows Atom bank broadened access “to new areas of the UK market through a key distribution partner with an origination team covering… Read More

UK’s Assetz Capital Announces Agreement for £2.75M Development Exit Loan in Frome, Somerset

Specialist finance provider Assetz Capital is pleased to announce a recent agreement for a development exit loan in the town of Frome, Somerset. The lender will be “providing financing to support the ground-up development of an impressive scheme comprising 7 townhouses, 2 detached houses, and… Read More

UK’s Assetz Capital Announces £3.15M Deal for Conversion Project of Properties in Millbrook, Bedfordshire

Assetz Capital is pleased to announce a development exit deal in partnership with Healdan, a property development and construction business based in Bedfordshire. The deal involves the financing of a barn conversion project, “consisting of six homes, in the idyllic location of Millbrook, Bedfordshire.” Under… Read More

Former Assetz Capital Executive Joins CrowdProperty

The former National Relationship Director at Assetz Capital, Mark Davidson, has joined CrowdProperty as Head of Loan Management. CrowdProperty is a real estate crowdfunding platform that provides debt capital for property developments. Assetz Capital is a similar platform that provides property-secured finance for UK SMEs,… Read More

UK’s Assetz Capital Appoints David Allanson as Non-Executive Director

Assetz Capital continues its strategic expansion, by appointing David Allanson to its Board as a Non-Exec Director. Following a 30 year+ career in commercial lending, latterly as Regional MD, Lloyds Corporate Banking, David has for the last 6 years “taken up several non-executive/board advisory roles,… Read More

UK’s Assetz Capital Appoints Chief Commercial Officer Aiming for £2B Lending Milestone

Assetz Capital recently announced its institutionally funded lending strategy and its move away from retail funding of its lending. The 10-year old alternative lending platform has “continued to focus on its core areas of expertise including ground up residential housebuilding, residential refurbishment, and continued strong… Read More

UK’s Assetz Capital Now Supports Over 7,000 New Homes, Marking 10 Years of Business Operations

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… Read More

UK’s Assetz Capital Funds £2.83M Loan for Residential Development in South London

Assetz Capital, which claims to be one of the UK’s leading alternative finance providers, has announced that it has “funded a loan of £2.83 million for a new residential development in the affluent area of Purley, south London.” The loan has been “granted to a… Read More

P2P Lending: Assetz Capital Exits Retail Segment, Only Institutional Money Going Forward

Assetz Capital will exit its retail business and emerge as a lending platform completely funded by institutional money, according to an update posted on the company’s website. For observers of the peer-to-peer lending industry, the decision should come as no surprise. Assetz Capital has been… Read More

UK’s Assetz Capital Shares Important Update Regarding the Access Accounts

Over the last year, the team at Assetz Capital have finally seen “substantial rises” in bank interest rates after well over ten years of them “languishing at near zero levels.” Assetz Capital noted in a blog post that this has led to the Access Accounts… Read More

UK’s Assetz Capital Secures £297,697 via Seedrs

Assetz Capital, the billion pound+ business lender – funding 1 in 12 new homes by SME House Builders, has raised 119% (£297,697) of its £250,003 target from 240 investor via Seedrs with 21 days left in the firm’s crowdfunding campaign (at the time of writing)…. Read More

Assetz Capital to Leverage RiskNarrative Platform to Address Financial Crime Management

Assetz Capital is pleased to enter a partnership with LexisNexis Risk Solutions in order to adopt the LexisNexis® RiskNarrativeTM platform across its business. The platform uses automation, AI and machine learning to offer an enhanced, configurable and accessible financial crime lifecycle management service. This should… Read More

Tony Kear from UK’s Assetz Capital Comments on How Platform May Achieve £1B of Lending Per Annum

Tony Kear from UK’s Assetz Capital notes that he joined in November 2020 and was “just getting his feet under the desk when COVID hit.” Tony Kear shares that he started his Corporate Banking career in 1990 based in NatWest Bridgend with “an emphasis on… Read More

Assetz to Lend £1B in 2022, Target Support for SME Builders, Green Programs, Care Sector

Assetz Capital plans to lend £1 billion to homebuilders in 2022 before ramping it up 50 per cent in 2023 to £1.5 billion, the company said this week. The announcement was made by parent company Assetz. The move is designed to stimulate demand amongst SME… Read More

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