CapitalRise, a prominent player in real estate finance, has announced the acquisition of a £250 million bank funding line. This move marks the company’s largest funding endeavour to date and its fifth successful acquisition of such a financial resource.

The newly acquired funding will enhance CapitalRise’s lending capabilities, particularly benefiting UK limited company borrowers. It introduces fixed pricing options, offering customers a sense of cost stability in the face of fluctuating interest rates.

Uma Rajah, CEO and co-founder of CapitalRise, commented on the development. She emphasised the importance of a diverse range of funding lines in bolstering business growth and ensuring a robust capital base. Rajah hailed the new funding facility as a significant addition to CapitalRise’s existing partnerships, reflecting the company’s expertise and strong performance in the specialist real estate sector.

CapitalRise also plans to expand its team across various departments, aiming to accelerate its growth trajectory and cater to a larger borrower base.

Lee Francis, Head of Origination at CapitalRise, highlighted the new facility’s role in meeting increasing demand and offering more substantial funding for high-quality projects. He stressed that CapitalRise’s specialised sector knowledge and rigorous lending practices have kept them actively engaged with new enquiries, even as other lenders pull back from the market.

The introduction of fixed pricing is poised to provide borrowers with much-needed certainty during times of variable interest rates, reinforcing CapitalRise’s standing as a prime choice for property finance in the UK.

Pip Lashko-Sayers, Associate Director of Capital Markets at CapitalRise, spoke about the company’s ongoing efforts to diversify its capital sources and product range. The focus remains on supporting a broader array of borrowers, with an open invitation for discussions on new institutional funding lines.

Lashko-Sayers also noted the resilience of their target markets — Prime Central and Outer London, and the Prime Home Counties — which continue to perform distinctively compared to the broader UK property market. She expressed eagerness to back attractive investment opportunities in these areas, bolstered by the new funding and enhanced resources.