Shawbrook’s speciality finance team has reached a significant milestone, exceeding £100m in new credit limits for its existing customers this year.
The team has surpassed £100m in new credit limits this year, building upon a similar achievement last year when the team exceeded £1bn in live facilities.
These milestones highlighted Shawbrook’s ongoing growth and 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 small and medium sized enterprises (SME) and bridging loans, respectively.
Warren Mutch, head of specialty finance at Shawbrook, said: “This achievement underscores the ambitious growth plans and commitment to their own customers demonstrated by the lenders we support.
“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 while welcoming new lenders seeking tailored funding solutions for their businesses.”