Commercial News

'Boutique' commercial consultancy passes half a billion in completions

Amy Loddington -
|
6th September 2018
growth up launch new raise higher climb hike

Boutique commercial finance consultancy, Mantra Capital, today announced it has arranged over £0.5 billion of specialist loan finance across more than 40 lenders since launching in August 2015.

Mantra Capital’s area of expertise extends across multiple sectors, from commercial mortgages, bridging and development loans to buy-to-let, private residential mortgages, complex offshore loans and business funding, in its numerous forms.

While residential and commercial property investment, specifically development finance, has been a key driver in 2018, Mantra is increasingly supporting UK SMEs in their funding needs using a mixture of challenger, specialist and mainstream lenders.

Mantra is targeting £1bn of loans arranged by the end of next year and plans to increase its head count with strategic hires in the months ahead. 

Nimesh Sanghrajka, Managing Director, Mantra Capital, commented:

“We’re thrilled to have passed our first major financial milestone and are now targeting £1bn of loans arranged by the end of 2019. Conditions are ideal: liquidity, across both business and property finance, is at unprecedented levels and the number of lenders operating in the market is growing all the time. Ironically, the sheer number of challengers and specialist lenders means it's become harder for people and businesses seeking finance to understand which route is best for them. As a company with a background and expertise in banking, strong contacts across the sector and a knowledge of the quirks and inclinations of each individual lender, this is where we find we are adding value.”

Related articles
More from Commercial News