Together has helped entrepreneur and former Dragons' Den star Jenny Campbell invest into a housing development with a £1.22m facility.
Campbell (pictured right) sold her ATM company YourCash for £50m in 2017, then set up her business Russon-Campbell Developments with her 27-year-old son Tom (pictured left) and builder Collin Russon.
The firm’s current investment is a £2.6m new-build development of two detached and three terraced homes in Oundle, near Peterborough. This is set to be completed in 2021.
A plot of land was purchased for the project using family money, but the firm wanted a commercial partner to provide funding to complete the housing scheme. However, the entrepreneur initially struggled to access the quick finance required.
Campbell said: “We went to two high street lenders, but it was hard to get the finance we wanted quickly. They had very formal processes and a ‘tick box’ approach to follow before they’d release the funding.
“What we were looking for was a more hands-on approach from a lender who wanted to understand our business and our plans for the scheme, as well as build a long-term relationship with Tom as a funding partner for future projects.”
Jonathan Sally, lending director at Together, reviewed the development and said the lender was “confident” in the success of the project.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
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She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
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