KSEYE Capital office

KSEYE Capital surpasses £100m loan book milestone

KSEYE Capital has announced its active loan book now exceeds the £100m mark.

The specialist lender — which is backed by multiple institutional funding lines, including a £300m facility from a global investment bank — has completed over £300m worth of bridging loans in its eight-year lending history. 

Recent highlights include a £9m facility secured against a portfolio of residential, commercial and mixed-use properties in London, which completed in just a few days, in addition to a £4m developer exit loan secured against a site in Bushey, Hertfordshire. 

“We’re really pleased to have reached the £100m active loan book milestone, which wouldn’t have been possible without the support of the KSEYE team [and] our broker [and] funding partners,” said Jitendra Khagram, director and co-founder of KSEYE.

“We’re incredibly grateful for this and, in the coming months, we’re keen to strengthen our existing relationships and explore new avenues. 

He added that the bridging lender will continue to invest in its staff and infrastructure.

Over the last 12 months, the company stated it had invested “significantly” in the expansion of its team and the development of bespoke loan management software — both of which is set to improve the lending experience for borrowers and brokers and support the continued expansion of the business. 

Ross Turrell, head of sales at KSEYE, commented: “We’ve built strong relationships with some excellent broker partners over the last 18 months and expanded the sales team at the back end of last year. 

“With the unexpected arrival of Covid-19, we had to adapt quickly, which allowed us to continue to lend safely throughout the lockdown period. 

“We’ve also been fortunate enough to upsize two of our funding lines in the last few months, so we’ve been extremely busy supporting brokers and borrowers throughout the pandemic, while other lenders have retracted from the market. 

“Although the purchase market has slowed, we are still seeing experienced property investors seeking out opportunities, in particular where they can add value and maximise revenue by converting, extending or changing the use of the property.”

KSEYE offers bespoke bridging finance solutions secured against residential, commercial, mixed-use and development properties in England and Wales

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