Fresh Thinking Capital

Fresh Thinking Capital provides over £10m to SMEs

Fresh Thinking Capital has completed £10m of loans to SMEs in nine months, with the support of Leeds law firm Clarion.

The company – which was launched in January 2018 by Melanie Hird (pictured above, left) and Andrew Walls (right) – provides secured short- to medium-term lending to SMEs across the UK.

“The key to our success has been the speed at which we are able to lend – it usually takes just five to 10 days from the initial meeting for us to deliver the deal, and this fast turnaround is often vital if a company is to take advantage of an opportunity,” said Melanie.

“We launched the business with funds of £30m on deposit for immediate lending to SMEs and there has proved to be huge demand for our services.

“Having such a close relationship with Clarion – developed over 15 years of working with the firm – is instrumental in enabling us to operate to such tight timescales.

“It’s great to have a legal partner on board who we can trust to deliver as we work towards achieving our target loan book in excess of £100m.”

Philip Dine, legal director in Clarion’s banking team, added: “With their substantial experience of investing in SMEs over the last 10 years, Melanie and Andrew have the expertise needed to fill the gap in the market for swift short- to medium-term lending. 

“We look forward to continuing to support them as the business grows.”

Andrew said that it had had a tremendously successful first nine months and was now looking forward to growing its current team of eight in response to client demand.

“We are also planning to expand from our bases in Leeds and London and establish a national network of offices, giving us easy access to SMEs throughout the UK.

“There will be further updates on our next office launch shortly.”

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