Tuesday, November 5, 2024
Andrew Charnley | Managing Director of Assetz Capital | Assetz Capital

Assetz Capital expands UK lending partnership with Aros Kapital

Assetz Capital has announced an expansion of its partnership with Aros Kapital in the UK's lending market. This development is expected to result in Assetz Capital deploying over £200 million of Aros Kapital's funding across various sectors throughout 2024.

In addition, Assetz Capital has introduced a new Planning Assistance Loan Product aimed at supporting the conversion of commercial buildings. The launch comes with a rate drop, providing more opportunities for businesses involved in such projects.

On social media, Assetz Capital shared details about recent deal completions. One notable transaction was a £3.97 million loan completed in Catterick with a term of 21 months and a Loan to Gross Development Value (LTGDV) of 70%. Another significant deal was finalized in Pontypool, Wales, involving an £820k loan over six months with an LTGDV of 69%.

These updates reflect ongoing activities and developments at Assetz Capital as they continue to engage in the lending market and support various financial projects.

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