The London-based company has been lending since November 2017 and is led by director Rudy Metta.
The announcement comes after Rockbridge recently completed a complex deal for a client.
Following two months of due diligence, the lender provided a £3.2m loan at 45% LTV secured against a biogas business and three other assets valued at over £22m.
The 12-month second charge facility will be used to restructure, ramp up output and improve the company’s EBITDA.
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Rudy said that its ability to commit quickly and analyse cases with an extra layer of complexity differentiated it from other lenders.
“We are seeing interesting opportunities and currently have a pipeline that investors and ourselves have committed to.”
Looking at how it plans to grow its loan book, Rudy added: “We are selective and will continue to assess deals that will meet our parameters and investment returns.
“We will stick to deal-by-deal cases.
“The secured lending space is still strong and due to a lack of appetite from mainstream lenders, we believe we’ll continue to benefit.
“[The plan is] to continue as we are, and to focus on perhaps hiring a BDM going forward.”
1 Comments
Martin Greenland
Another good story Tom, good work.