The principal lender — which was established in 2012 and recently achieved its £100m lending target — has a team of 12 and operates from offices in Birmingham, Cardiff, Edinburgh and London.

“This new investment will accelerate our growth strategy, helping our development of new products that more broadly support the needs of our clients and targeting new locations in order to better serve our growing national customer base,” said Tony Gilbertson, CEO at Signature Private Finance (pictured above, centre).

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“The significant increase in deals we have delivered in the preceding months gave us confidence to take this step at a time when the market is beginning to surge now the election is over and the uncertainty about Brexit has faded.”

Tony also revealed that the business would be moving forward with its new brand Signature Property Finance.

“We have refreshed our brand identity to reflect our determination to make the lending process simpler and more transparent,” he added.

“In addition to the standard bridge and refurbishment loans you’d expect from an alternative lender like Signature, we will shortly be expanding our product range to include a three-year bridging and development finance [product], demonstrating [that] we believe in doing what’s right for the client, not what’s easiest for the lender.”

James Livingston, partner at private equity and infrastructure investment manager Foresight Group, stated: “Tony and his management team have developed a successful alternative lender with a good corporate culture, and we look forward to working with them to take Signature through the next stage of its growth.”

Also pictured: David Hughes, finance director (left), and Jon Preston, sales director (right)