CapitalRise Hits £200m Prime Property Loan Origination Milestone

Leading prime property finance firm CapitalRise today announces it has successfully originated more than £200m in loans, funding developments across London and the Home Counties to the value of over £640m.

The firm lent just under half (£99m) of this milestone figure in the 12 months to the end of June 2022 – this is a 252% increase on the total loans originated in the year prior.

Expanding institutional funding and internal team

CapitalRise expects to build on this momentum by continuing to diversify and deepen its funding lines and investing in the expansion of its team.

The firm closed new institutional funding lines in June and October 2022 (the latter for £20m). CapitalRise is also currently welcoming a number of new hires to its origination, credit, product, and marketing teams.

Recent loans c.£10-20m

CapitalRise prides itself on a pristine lending record, having achieved zero investment defaults or losses in its six-year history. This is testament to its rigorous underwriting process and commitment to only work with high quality, reliable borrowers.

The firm provides bridging, development, and sales period loans, tailoring the funding packages to the needs of each borrower. CapitaRise typically targets loan sizes of c.£1-20m, but it has recently been lending towards the upper end (c.£10-20m) of that range, which has also contributed to its rapid growth.

Uma Rajah, CEO and Co-Founder of CapitalRise said:

“We are absolutely thrilled to have reached this milestone. In 2016 we launched as a new lender into the prime Central London market when others were leaving it. The market was in decline, but as a debt provider with deep expertise in this specialist area, we understand the market well and appreciate its resilience in uncertain times. By lending prudently to high-quality borrowers on great schemes in desirable areas such as Chelsea and Mayfair, we have managed to grow the business considerably.

“At CapitalRise we consider each project on its own individual merits and avoid making blanket decisions. With this careful approach, we have been able to build a strong performing loan book that we manage proactively and in close collaboration with our borrowers.

“At CapitalRise we are confident that our business will continue on its current growth trajectory. With our depth of expertise, the resilience of the Prime Central London market, and our responsible approach to projects, we see the current market as a time of great opportunity for us.”