In a challenging economic climate, the role of specialist lenders is crucial in maintaining financial certainty and confidence among developers, especially as traditional banks withdraw.
Established over 40 years ago, specialist lender MSP Capital, is recognised for its stability in the industry and ability to tailor bridging and development loans to fit the developer. In 2023 it expanded its team to meet rising demand and maintain the personalised, relationship-led service it’s known for – increasing their workforce by 26%.
The firm’s success, including winning Non-Bank Lender of the Year two years in a row, stems from its ability to provide certainty and support to developers directly. Associate Director of Underwriting, Chris Sheppard states,
“At our core we are a relationship-led business. That’s why we have so much repeat and referral business. That’s what makes the good specialist lender stand out from the regular lender.”