Chester-based lender Breeze Capital has obtained a funding facility from Shawbrook Bank, allowing it to enhance its product offerings and expand support within the bridging and development finance sector.
The agreement includes an uncommitted Revolving Credit Facility with an annual renewing availability period, ensuring maximum flexibility for the company.
Breeze Capital, owned by the Padley Group, specialises in providing residential, commercial, and refurbishment bridging and development finance to small and medium-sized enterprises in the Midlands and the North of England. The funding from Shawbrook will enable the lender to strengthen its product offerings.
The experienced management team at Breeze Capital, led by managing director Mark Harrison (pictured) and director of credit risk Natalie Smethurst, selected Shawbrook based on its strong relationship with the lender and the team’s ability to provide a highly flexible package.
Harrison expressed gratitude to Shawbrook for putting together a package that offers the flexibility needed for Breeze Capital to provide the best services possible to its clients.
He said, “I want to extend my gratitude to Warren and the whole team over at Shawbrook who have put together an unrivalled package, which not only ticks all the boxes but allows us the flexibility needed to ensure we can offer the best services possible to our clients whilst we continue to develop.”
Warren Mutch, director of speciality finance at Shawbrook, added: “Whilst Breeze Capital is still a relative newcomer to the bridging and development finance sector, the mix of having a highly experienced management team alongside strong capital backing from Padley made the business a natural fit for us to partner with.”
