Ten years on: the market and lending fundamentals
By Uma RajahBorrower and broker priorities have significantly changed over the past decade as development finance has been transformed, and reliability and certainty are becoming as important as pricing. Looking ahead, the role of the specialist lender can only grow
Section: magazine
Reaching our 10-year milestone gives us an opportunity to reflect not just on business growth but also on how the development finance market itself has evolved. When we founded CapitalRise in 2016, it was in response to a clear gap. Experienced developers working on prime residential schemes often struggled to access funding suited to complex projects. Too often, lenders relied on standardised credit processes ill-suited to the nuances of high-end development, driven by fixed criteria rather than how schemes would actually be delivered.
As founders with prime property development backgrounds, we had experienced these issues first-hand. Our approach was to structure finance around each project’s specific characteristics, working closely with borrowers who needed an informed, flexible funding partner.
A decade on, those principles remain unchanged. We have now supported over £650m of lending against more than £1.4bn of high-end property.
Read the full column here.
Keywords: Bridging lender, Specialist finance, CEO, Ten years on, Experience, Bridging finance