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Post by CrowdProperty Representative on Oct 18, 2018 11:12:45 GMT
NEWS RELEASE: CrowdProperty Surpasses £10m Repaid to Lenders
CrowdProperty (www.crowdproperty.com), the specialist property peer-to-peer lender, has now repaid over £10,000,000 to lenders, continuing its 100% capital and interest payback track record.
The £10,088,967 paid back includes £9,221,876 capital and £867,091 interest. Having now funded the development of £64,790,000 of property and 423 British homes, CrowdProperty has lent £23,892,000 and has a very strong project pipeline for the remainder of 2018 and beyond.
On passing this landmark, Mike Bristow, CEO of CrowdProperty said: ‘We have always had a single-minded focus on being brilliant at efficiently matching and securing capital in the property development sector, providing a better deal for both property professionals and lenders. We have built robust systems and processes over many years and continue to develop the business for this sole purpose, forever building stronger and deeper expertise. This focus is paying off with our 100% track record and a pipeline of quality projects for our growing lender base that has never been stronger.’
This news comes just weeks after CrowdProperty was elected into the Peer-to-Peer Finance Association (P2PFA) as the only property development platform member.
For further information, please get in touch on 020 3012 0161 or hello@crowdproperty.com.
Kind regards,
Mike Bristow
CEO & Co-Founder, CrowdProperty
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