Following another successful raise this morning, CrowdProperty has now lent £80,000,000 to SME developers - funding the development of 1,000+ homes worth over £170,000,000. CrowdProperty continues to perform exceptionally with the last 22 projects funded in less than a minute on average.
With uniquely diverse sources of capital from retail, high net worth, ultra-high net worth, private fund and institutional sources, CrowdProperty has built the best property project lender in the market to solve the pains of property professionals. Most funders in the market are exposed with single sources of capital - even those with multiple sources are exposed as those sources have exactly the same underpinning exposures to equity market volatility and lending attitudes. Diverse types of capital with different needs, preferences and attitudes, which is only built up by 6 years of lending with a perfect track record, gives CrowdProperty far greater reliability of funding through any stage of market cycles.
We continue to work closely on a one-to-one basis with borrowers whose existing projects may run late, striking new terms with those whose loans have either ended or are about to end giving them comfort that they have new/extended loans, getting them off penalty positions, giving them plenty of exit runway which they can repay early at no cost and protecting their legal position, whilst ensuring our lenders’ position is safe.
We’re changing the game of property project finance and would welcome the opportunity to discuss your next development project. Together we build.