Capital Bridging Finance Limited (“Capital” or “Capital Bridging”) is changing its name to Amicus. The business, one of the leading short term property finance lenders in the UK feels the change of name will better support their strategy of broadening their lending proposition and builds on their strong reputation as a dependable, adaptable, approachable lender that works hard with their customers to find a solution.
Keith Aldridge – MD commented:
“We have seen fantastic growth since launching the business five years ago, trebling the size of the business last year alone to deliver nearly £150,000,000 of new lending. The change of name to Amicus reflects the progress we have already made, extending our offer beyond bridging into development and other types of short term lending. It also gives us the flexibility to build on our proposition and deliver the same customer focus and adaptability into other specialist lending markets.”
John Jenkins CEO added:
“Capital has a great reputation and has built strong relationships across the short term lending market. The rebrand to Amicus allows us to build on this and start to broaden our proposition into other areas of lending. We think our high touch, relationship-based approach will resonate well in specialist lending markets that are increasingly poorly served by mainstream lenders. We are excited at the opportunities the new brand enables.”
Amicus Finance Limited (“Amicus”), formerly Capital Bridging Finance Limited (“CBFL”, operating under the trade name “Capital Bridging Finance”), was formed in 2009 by Keith Aldridge, the firm’s MD, with support from a successful hedge fund investment manager. They have grown steadily, now enjoying a 7% share of this fast growing market with over £150m advanced annually.
Amicus provides bespoke short term loans secured against UK properties. The company provides first and second charge lending on residential and commercial investment properties for between six and eighteen months to enable purchase, refurbishment, development and for general business reasons.
Both Amicus and its subsidiary, Amicus Capital Limited are authorised and regulated by the Financial Conduct Authority for credit-related regulated activities. Amicus Capital Limited is authorised to enter into and administer regulated mortgage contracts, which include first charge loans to individuals on an owner occupier basis.
Amicus is headquartered in London and operates nationally.