Fenyx Bridging, the newly established specialist lender, has secured a £10m block facility from Shawbrook to meet its growth objectives.
The business is set to support professional property investors and developers with short-term bridging finance solutions for residential and mixed-use transactions throughout England and Wales.
The newly launched business sought a scalable funding line to underpin a growing pipeline and establish an immediate market presence – a goal enabled by Shawbrook’s tailored support.
The deal was delivered under a tight deadline, with Shawbrook’s speciality finance team working closely with Fenyx to structure, approve, and complete the transaction ahead of the company’s target go-live date.
This approach ensured Fenyx was ready to commence trading on schedule.
Maurice Adler, CEO of Fenyx Bridging, said: “We are delighted to have partnered with Shawbrook to launch Fenyx Bridging.
“Their deep understanding of the specialist lending market and ability to move quickly on complex transactions were essential in helping us hit the ground running.
“The tailored facility, delivered ahead of an ambitious deadline, gives us the scalable platform required to serve clients from day one and pursue our growth ambitions with confidence.”
Emran Mohammad-Ali, associate director at Shawbrook, said: “Being a new business in the sector, Fenyx were eager to be fully operational and make an immediate impact from the outset.
“Maurice and his team demonstrated they had robust processes, proven expertise and solid legal frameworks – all of which confirmed their commitment to innovation in bridging finance.
“As a result, and with support from my colleague, Matthew Newman (director at Shawbrook) on the legal and due diligence complexities, we delivered a bespoke funding solution at speed, reflecting Shawbrook’s agility and expertise in specialist lending.
“We look forward to supporting Fenyx’s ongoing growth and success in the market.”