The new facility will allow Crown and Bentley to increase lending capacity and transaction volumes, enable faster decision making and support a wider range of property-backed lending opportunities.
The funding will be deployed to support a broad range of unregulated property backed bridging transactions, including acquisition, refinance, and value-add opportunities.
The exact value of the funding was not disclosed.
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Commenting on the announcement, Alan Hogan, managing director at Crown and Bentley (pictured above), said: “Shawbrook Bank is a recognised leader in the specialist fund market and agreeing this facility is a significant milestone for Crown and Bentley.
“It enhances our ability to serve the UK bridging market and underlines our commitment to providing flexible, dependable funding solutions for professional borrowers.”
James Hill, director of speciality and fund finance at Shawbrook Bank, commented: “Shawbrook is pleased to support Crown and Bentley as they continue to expand in the specialist bridging market.
“This facility reflects our confidence in their approach and our shared commitment to delivering reliable funding solutions for professional borrowers.”
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