Whitehall Capital completes 5 loans in 7 days totaling £15m and makes another hire
Published By Pressat [English], Tue, May 17, 2022 4:30 AM
London, Tuesday - 17 May 2022: Specialist property financer, Whitehall Capital is continuing its growth trajectory with four loan completions in the last week and over £15m funded. Completions include a development loan in Fulham, and bridge loans in Barking, Croyden and Doncaster.
In addition, there was a third new hire in two months, Mo Miah who joins as Business Development Manager. Miah has many years of experience in banking and financial services business development and joins from a previous similar role of business development manager at a short-term commercial property financier.
Commercial Finance Director, Naseer Ahmed added, “We are 100% self-funded at Whitehall Capital, so we move at pace and can reduce transaction turnover times significantly. This gives us a real market advantage and has contributed significantly to the widely coveted reputation we enjoy for a quick turnaround, our clear, open, and honest communication throughout the loan process, and our ability to get projects funded.”
Expanding the team with leading experts is part of Whitehall Capital’s strategy to achieve rapid growth. Joining the ranks of the major league players, the fund is setting out to become a mainstream lender.
“We have the ambition, we have the investment and we have the right people, comments Anthony Bodenstein, Managing Partner, Whitehall Capital. “Together, we’re looking forward to doubling our books over the next year, providing clients with even more opportunities and services.”
Whitehall Capital is a specialist provider of bridge, short-term, auction and development finance solutions – 100% privately funded, with more than a decade in the market. The experienced team work to deliver short-term, flexible, and bespoke property funding solutions across the UK.
The fund lends on individual properties and portfolios with a value of up to £20m, with a loan to value of up to 70% and for a period of up to 12 months – each and every loan secured as a charge against the property in question.
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