Fenyx Bridging will support professional property investors and developers with short-term bridging finance solutions for residential and mixed-use transactions across England and Wales.
The firm is privately owned and led by an “experienced management team with a strong track record in the sector”.
Fenyx Bridging will bring “proven expertise and robust processes to the market”.
The funding line from Shawbrook will “underpin a growing pipeline and establish an immediate market presence”.
Maurice Adler, CEO 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.
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“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 said: “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] on the legal and due diligence complexities, 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.”
