Fenyx Bridging, a newly established short-term property finance lender, has secured a £10m funding line from Shawbrook to support its entry into the specialist bridging market.

The privately owned business, led by an experienced management team with a record of success in the sector, will provide short-term finance to professional investors and developers across England and Wales.

The launch comes as demand for flexible bridging solutions continues to grow, particularly in residential and mixed-use transactions.

MARKET ENTRY WITH SCALE

The deal was completed under tight timescales, with Shawbrook’s speciality finance team working alongside Fenyx to structure and approve the facility ahead of the lender’s go-live date.

The £10m block line will allow Fenyx to build market presence from day one, underpinned by the scalability of the bespoke funding structure.

The introduction between the two businesses came via Tempus, a longstanding Shawbrook client with close links to the Fenyx management team. Shawbrook said Fenyx’s established processes, sector knowledge and legal frameworks gave it confidence to back the new venture quickly.

Maurice Adler, chief executive 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, added: “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, 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.”