A bridging lender has launched known as Momentus Capital from Dani Spitzer, who has expertise in personal banking.
The lender has secured a £100 million facility, whereas it’s going to concentrate on time-sensitive acquisitions and developments, from the acquisition of economic websites to the refurbishment of residential portfolios.
Momentus launched in the beginning of the month, with the lender concentrating on over £250 million in mortgage origination in its first yr.
Dani Spitzer, founder and chief government of Momentus Capital, stated: “The launch of Momentus Capital represents an thrilling new chapter in my profession. My aim is to do issues in a different way – combining deep sector information with a extremely personalised, solution-oriented method to bridging finance.
“Our mission is easy: to behave quick, lend responsibly, and empower our purchasers to grab new alternatives throughout each residential and business actual property.”
Headquartered in London, Momentus Capital presents bridging loans starting from £250,000 to £20 million, for residential and business property transactions throughout the UK.
