Capital Bridging rebrands to Amicus

Capital Bridging rebrands to Amicus

After a trailblazing 2014, Capital Bridging Finance Limited is now changing its name to Amicus.

After a trailblazing 2014, Capital Bridging Finance Limited is now changing its name to Amicus.

The short term property finance lender, which enjoys a 7 per cent share of the market, feels the rebrand will better support its strategy of broadening its lending proposition and build its strong reputation.

Last year, as well as acquiring Mayfair Bridging, the lender saw its annual performance surge by 160 per cent.

Founder and MD Keith Aldridge said: “We have seen fantastic growth since launching the business five years ago, trebling the size of the business last year alone to deliver nearly £150,000,000 of new lending.

“The change of name to Amicus reflects the progress we have already made, extending our offer beyond bridging into development and other types of short term lending. It also gives us the flexibility to build on our proposition and deliver the same customer focus and adaptability into other specialist lending markets.”

Both Amicus and its subsidiary, Amicus Capital Limited are authorised and regulated by the Financial Conduct Authority for credit-related regulated activities.

John Jenkins CEO added: “Capital has a great reputation and has built strong relationships across the short term lending market. The rebrand to Amicus allows us to build on this and start to broaden our proposition into other areas of lending. We think our high touch, relationship-based approach will resonate well in specialist lending markets that are increasingly poorly served by mainstream lenders. We are excited at the opportunities the new brand enables.”

Last November, Capital Bridging posted record figures, lending £20 million in one month.

The lender is headquartered in London and operates nationally.

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