M&G Investments has provided funding and equity to the lender.
Atelier Capital Partners offers a range of short-term and development finance solutions of up to 24 months to professional small- and medium-sized developers and property companies.
The specialist lender will focus primarily on schemes and assets on brownfield sites that support urban regeneration.
Atelier Capital Partners has committed over £25m of lending to date for land acquisition, light and heavy refurbishment, development, auction and more general commercial purposes.
The business will initially offer short-term loans from £500,000 up to £10m with retained, rolled and serviced interest options available.
“Short-term property finance is one of the most dynamic sectors in the UK and has gone from strength to strength during the past decade,” said Chris, chief operating officer at Atelier Capital Partners.
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“2020 is going to be an exciting year as we set out to establish ourselves as a trusted partner for intermediaries and property investors in search of institutional-grade specialist property finance.”
William Nicoll, head of institutional fixed income at M&G Investments, added: “As the backbone to the UK economy, access to short-term finance is essential for small- and medium-sized developers and property management companies to invest in and regenerate sites across the country.
“Providing institutional capital for this sector on a short-term basis will provide the sector with greater stability and we also expect it to generate income for our pension fund and institutional investors.”
Ex-Amicus Property Finance heads Keith and Chris established Atelier Capital Partners back in August last year.