CapitalRise has joined the Bridging & Development Lenders Association (BDLA), becoming the latest lender to align itself with the UK’s only trade body dedicated to the bridging and development finance sectors.
Founded in 2016 by luxury property developers, CapitalRise specialises in high-end property finance across the UK, with a particular focus on London and the South East. The firm provides both bridging and development funding for projects ranging from prime refurbishments to new-build schemes.
The BDLA, which represents the interests of specialist lenders and their customers, now counts more than 50 lender members with a combined loan book exceeding £13 billion. Including associate members, its total membership is approaching 100 firms.
Vic Jannels, chief executive of the BDLA, said: “We are delighted to welcome CapitalRise to the BDLA. Membership of our association demonstrates a strong commitment to responsible, specialist property finance and as our membership continues to grow, so does our ability to collectively influence key conversations with brokers, regulators and policymakers.
“Together we can ensure that our sector remains robust, responsible and forward-looking.”
Lorenzo Satchell (pictured), director of sales at CapitalRise, added: “Joining the BDLA was a natural step for CapitalRise. We’re passionate about delivering smart, bespoke finance for high-end developments and believe in contributing to a more transparent and collaborative marketplace.
“The BDLA provides a valuable platform for lenders to shape the future of bridging and development finance, and we’re pleased to be a part of that.”
