Saturday, March 25, 2023
Get in touch
UTB provides £6.25m commercial bridge
Homes at 1 Mayfair in London's most expensive luxury development will start at £35 million
Blue Shield completes £16.7m bridge for buy to rent landlord
Shawbrook Bank’s loan book has increased by 25% year-on-year to £10.5bn.
The lender explained that its loan book growth was driven by its “diverse offering and further expansion across our markets”, while its enhanced profitability was driven by net interest margin improvement and cost management. The bank’s overall arrears rate was 1.9%, which compares to 1.7% in 2021.
Shawbrook said there was a net £47.7m impairment loss, which is when the value of a company assets decreases, on financial assets was recognised for the year, which is up from £31.4m in 2021. It had strong originations, especially in its SME and real estate markets. Its real estate loan book was pegged at £5.9bn, up 9.3%, and accounted for around 56% of the group’s total loan book.
What does Shawbrook offer?
Shawbrook helps our clients with creative funding solutions with its unique approach based on flexibility, fast decision making and great service throughout the transaction. It provides development finance, commercial mortgages and business finance.
Some of the assets and sectors the lender funds include:
- Transportation
- Plant and machinery
- Sustainable Energy Projects
- Manufacturing and Engineering
- Healthcare Assets and Residential Care
- Marine and Aviation
Call Trinity Specialist Finance to secure funding on 020 7016 6151 or book a consultation
Share on:
Aaron has been quoted in
