TFG Capital

TFG Capital completes £50m of lending



674_2021-10-11-04-51-54pm.gif
TFG Capital has completed more than £50m of lending since launching in September 2014.

The Yorkshire-based lender was launched by James Mortimore (pictured above) to provide property- and asset-backed cash flow and bridging finance to SMEs.

TFG Capital has completed more than 110 deals and has a strong pipeline of deals worth an estimated £30m in the year ahead.

“Having worked in alternative lending for a number [of] years prior to setting up TFG Capital, I knew that there was a real appetite for funding which could be accessed quickly and which used more flexible criteria – based on security value – than traditional lenders,” explained James.

“We’ve been able to develop a unique product which lends purely on the strength of the client’s assets, with deals often completed within three days. 

“This has proved to be a winning formula; we’ve successfully worked with over 100 businesses and property developers throughout the UK and Northern Ireland, across all sectors.”

Last year, TFG Capital made a significant investment by moving to new offices in Doncaster and has seen its team grow to eight people in response to demand.

 “2017 marked a really important year for us, having established a successful business, we realised that we needed to invest in vital infrastructure – in terms of our premises, systems and expanding the team – in order to give us the potential to continue to grow. 

“We’re now in a really strong position to continue to build on our reputation as a reliable alternative funder for borrowers who need bridging and development finance quickly.”

Leave a comment