Bluecroft Finance secures revolving credit facility from Shawbrook
Bridging lender Bluecroft Finance has secured an eight-figure revolving credit facility from Shawbrook to support its expansion in the UK lending market.
The revolving credit facility includes an accordion feature that allows for a potential 50 per cent expansion, offering flexibility for future growth.
Read more: Bridging market predicted to grow in 2025
“This new partnership with Shawbrook marks an important milestone for Bluecroft as we continue to scale at pace,” said David Giovanni, managing director of Bluecroft Finance.
“Since launching in 2023 we’ve grown rapidly, expanding our specialist team to support an increasing number of customers across the UK.
“Our focus remains on delivering excellent service, combining speed and expertise with the personal approach that borrowers value. In an era of increasing automation in lending, we believe the human element is more important than ever – and Shawbrook understands this best-of-both model.”
Read more: Bridge lender Hope Capital wins £25m Shawbrook funding
“Bridging finance continues to see strong demand, with the market reaching record highs in recent quarters as borrowers seek faster, more flexible funding solutions,” added Chris Clarke, senior director, speciality finance at Shawbrook.
“As bridging plays an increasing role in property transactions and development finance, Bluecroft has established itself quickly in this space, combining deep market expertise with a strong service-driven approach.
“We’re pleased to support them as they continue their growth journey and expand their offering to meet this rising demand.”
Legal support on the transaction was provided by Ben Truman and Sam Ash Croft of Osborne Clarke on behalf of Shawbrook.
Read more: Shawbrook extends funding line for dev lender Magnet Capital
