CrowdProperty has secured a £100m forward-flow funding partnership with ColCap Financial UK Ltd, marking an important step forward in our strategy to strengthen and diversify our funding capacity.
The agreement provides access to up to £100m of additional funding over an initial two-year term, supporting development finance, development finish, development exit and bridging loans ranging from £200,000 to £5 million.
ColCap Financial UK Ltd is the parent of buy-to-let mortgage lender Molo and part of the Sydney-headquartered ColCap Financial Group. The partnership combines ColCap’s funding strength with CrowdProperty’s specialist property development expertise and established lending capabilities.
Greater funding capacity, choice and flexibility
The partnership strengthens our ability to support developers at different stages of their projects, from acquiring sites and progressing construction to completing developments and managing sales exits.
It also broadens the funding options available through CrowdProperty, providing greater flexibility to match eligible projects with appropriate finance solutions and offer more competitive rates on certain products.
For developers, this means more choice when funding a new project, refinancing an existing facility or securing the finance needed to complete a development.
For brokers, the partnership expands the range of solutions we can consider for their clients, backed by our experienced lending team and specialist understanding of property development.
Our focus remains on providing dependable funding, clear communication and a commercially focused approach to assessing individual projects.
Supporting SME developers through changing market conditions
SME housebuilders continue to face challenges around construction costs, project timescales and sales exits, making access to appropriate funding particularly important.
Development finish and development exit finance can play an important role for developers approaching the final stages of a project, particularly where additional funding or time is needed to complete works, refinance existing borrowing or progress property sales.
These products are an important initial focus of the partnership, alongside development finance and bridging solutions for eligible projects.
By expanding our funding capabilities, we aim to provide greater support to SME developers and regional housebuilders delivering much-needed homes across England and Wales.
A significant step forward for CrowdProperty
Steve Deutsch, CEO of CrowdProperty, commented:
Our partnership with ColCap represents an important step forward for CrowdProperty as we continue to strengthen and diversify our funding capacity. By combining our specialist property development expertise and established origination capabilities with the funding strength of ColCap, we can provide greater support to SME developers delivering much-needed homes across the UK.
Steve Smith, Head of Sales at CrowdProperty, added:
Housebuilders continue to face challenges around build costs, project timescales and sales exits, making access to appropriate funding particularly important. This partnership gives us additional capacity to support housebuilders at different stages of their projects, including those looking to refinance existing facilities or secure funding to complete developments and bring properties to market.
Matt Kimber, CEO of ColCap Financial UK Ltd and Molo, said:
SME housebuilders are vital to delivering the homes the UK needs, and this partnership is a natural extension of our UK business alongside the buy-to-let lending provided by Molo. CrowdProperty is an established specialist with a strong record, and we are pleased to provide long-term funding to support its growth.
Ravi Chauhan, Founder and Managing Director of Laeceum, which advised CrowdProperty on the transaction, commented:
It was a pleasure acting for Steve Deutsch and the CrowdProperty team on this partnership, from the very first conversation to the final signature. It is a transaction that will put real capital behind UK housebuilding, and we are glad to have helped CrowdProperty deliver it in partnership with Matt Kimber and the ColCap Financial UK Ltd team.
Continuing our commitment to SME property developers
Since 2013, CrowdProperty has supported the delivery of almost 4,000 homes, working directly with developers and through the intermediary market.
The ColCap partnership marks another step in our long-term strategy to diversify our funding sources and support more SME developers across England and Wales.
Combining institutional funding with retail investment through our proprietary platform allows us to bring together specialist property expertise, technology and a broader range of funding solutions.
Media coverage
Development Finance Today: CrowdProperty secures £100m to back SME housebuilders
Property Week: CrowdProperty wins £100m via JV to support SME housebuilders
The Intermediary: CrowdProperty secures £100m forward-flow partnership with ColCap
Mortgage Solutions: CrowdProperty obtains £100m forward-flow partnership
Estates Gazette: CrowdProperty secures £100m from ColCap
Ready to discuss your funding needs?
Whether acquiring a site, funding a new development, approaching completion or looking to refinance an existing facility, our team can provide the right solution, including development finance, finish and exit and bridging loans.
We also work closely with brokers to provide tailored funding solutions for their clients, backed by our specialist property development expertise.
Call 020 3012 0166 or email our Direct Team [[email protected]] or Broker Team [[email protected]] to discuss your requirements.
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