Zenzic Capital (“Zenzic”), a real estate credit investment manager focused on providing innovative and flexible capital solutions, has agreed a multi-million pound funding line with Shawbrook Bank.
Transactions range from acquisition and development finance to complex special situations, typically in the £3-50m bracket. Each Zenzic facility is structured to drive value and borrower alignment.
The new facility with Shawbrook Bank will enable Zenzic to provide additional financial support for real estate groups and developers, many of whom are underserved by wider capital markets.
Ismail Farhat, Director, Shawbrook Bank commented: “Increased funding availability for the UK’s SME property developers is critical for our economy. We are proud to fund Zenzic Capital as they facilitate growth amongst our country’s property developers.”
“We are delighted to have secured a funding line from Shawbrook and it is perfectly timed as we grow our business. Extending our funding lines will enable us to help more developers thrive at this crucial time for the economy. Property development is a key element of the UK’s economy, and with many of our customers requiring repeat funding, we will be able to continue to service their growing needs.”
Zenzic Capital’s Nadine Buckland