Editor's note: This brief was summarised by The Property AI Team from a report by Mortgage Solutions. Read the original article for full details.
Dantis Capital Secures £5m Bridging Facility from Aldermore
Specialist lender Dantis Capital has secured a £5 million block bridging facility from Aldermore. The facility is intended to support Dantis Capital’s lending activities for residential and commercial property transactions in England and Wales.
Dantis Capital, founded in 2023, offers short-term bridging finance with terms of up to 24 months. Its services are aimed at property investors and developers. The new facility from Aldermore will enable Dantis Capital to scale its loan book and increase the number of projects it supports across the UK bridging market.
The partnership is designed to help Dantis Capital expand its lending and provide more fast, flexible finance solutions to borrowers. The company’s focus includes supporting both residential and commercial property transactions, which may be relevant to letting agents and inventory clerks monitoring market activity and funding trends.
Source: Mortgage Solutions