A spokesperson from Fiduciam told Specialist Lending Solutions that the company is looking at increasing its presence across Europe as it has already expanded in Ireland, Spain and the Netherlands.
With 34 employees in the UK at present, the lender said it was looking to recruit more underwriters as part of its expansion plan.
The company said that this latest deal in France marks the next stage of its expansion into continental Europe and was a multi-national deal, involving legal teams in the UK, France and Switzerland, which is where the client lives.
In order to develop and expand its offering the lender has hired three French case managers, all based in London.
Johan Groothaert, CEO and co-founder of Fiduciam, said international owners of French real estate often found it very difficult to obtain finance from local banks.
He added: “Only a few private banks are open to these clients and they require the clients to move part of their private banking portfolio to them.
“So we have developed a genuinely innovative structure to lend against French real estate whereby we can take security without having to take a mortgage in many cases, and our interest rates are at the same levels as in the UK.
“By lending in this way, Fiduciam is able to save its clients from paying the stamp duty and notary fees, which can be very high in France.”
Dino Wyatt, an international mortgage specialist, added that the Fiduciam product allows foreign investors in French property to obtain short-term finance against their French real estate at competitive bridging terms in a way that was not widely available until now.