CrowdProperty, a prominent player in property development finance, has recently secured a £3m investment from Canada’s Flow Capital Corp. This substantial financial boost is set to propel CrowdProperty’s innovation and expansion plans, further cementing its position in the UK’s property finance sector.

In its ten years of operation, CrowdProperty has made a substantial impact on the UK’s housing market, having financed the development of 3,542 homes, which cumulatively represent a property value of £842m. With agreements for £482m in facilities, the company has played a crucial role in addressing the soaring demand for housing in the UK.

The injection of £3m will be channelled into enhancing CrowdProperty’s platform and streamlining application processes. It will also enable the company to expand its team across various departments, bolstering overall business growth over the next three years.

Mike Bristow, CEO of CrowdProperty, expressed his enthusiasm for the investment, viewing it as a strong endorsement of the company’s current performance and its potential for future expansion. He emphasised CrowdProperty’s commitment to its core mission: offering timely and reliable finance to SME property developers, while fostering the growth of all stakeholders involved.

Damon Walford, CCO at CrowdProperty, also commented on the investment’s timely nature, noting that it allows the company to fast-track its business investments, aligning with its strategic goals. With a solid strategy in place and the market’s fragmented nature, Walford expressed confidence in CrowdProperty’s ability to strengthen its market presence further.

This new funding marks a significant milestone for CrowdProperty, promising an era of enhanced service delivery, business growth, and sustained contribution to the UK’s property development sector.