Fiduciam completed £43.5m in new loans in October, giving the lender what it called its “best month” since it was established.
Its largest German deal – a €3.5 transaction to a real estate investor – contributed to the total loans arranged during the month.
The transaction was a refinancing of an acquisition loan for part of a portfolio of properties containing multiple asset classes at different development stages.
Growth targets
The company has continued to grow appointing 25 staff this year. It now wants to hire additional case managers, underwriters and operations staff to help meet its 2020 growth targets.
Johan Groothaert (pictured), chief executive, said: “The void left by the traditional banks means that demand for our loan product continues to grow across the UK and European jurisdictions in which we lend.
“Our pipeline is very strong going into the end of the year and further consolidation in the marketplace lending sector will put us in an excellent position entering 2020.”
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.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS