"Securing a new funding facility once again last month is a significant and exciting milestone, expanding the scope of what we can achieve as a lender in the short-term market"
- Kate Cowan - Hope Capital
Specialist short-term lender Hope Capital has strengthened its partnership with Shawbrook Bank by securing an expanded funding facility in June, following a period of record growth.
The lender first obtained a £25 million committed facility from Shawbrook Bank in 2023, followed by another multi-million-pound facility at the end of 2024. The latest agreement has doubled the total funding available, greatly increasing Hope Capital’s ability to support brokers and borrowers.
Hope Capital is on track to deliver its most successful year yet, with a marked rise in enquiries and completions. This growth is backed by Shawbrook Bank, which will continue to play a key role as the lender plans to introduce a variety of new products soon.
“We’re extremely proud to have maintained a strong partnership with the team at Shawbrook Bank for nearly two years now and are grateful for their continued support,” said Kate Cowan, chief financial officer at Hope Capital (pictured). “Securing a new funding facility once again last month is a significant and exciting milestone, expanding the scope of what we can achieve as a lender in the short-term market. Our diversified funding structure remains a critical component in delivering certainty to our growing network of brokers and borrowers, while maintaining the high service standards we are known for.”
This new facility from Shawbrook will complement Hope Capital’s existing arrangements with Triple Point and an increasing number of high-net-worth investors.
“Since initially delivering a funding line for Hope Capital back in 2023, we have seen the business grow substantially and maintained our support with a facility top-up late last year,” explained Warren Mutch, head of speciality finance at Shawbrook. “Kate and the team at Hope are now looking to move to their next stage of growth with new products, and we are delighted to continue supporting them on their journey.”
