This client has been undertaking residential & commercial developments since 1999 and has an extensive and varied portfolio of completed projects.
We funded our first project for them in 2018 which was quickly followed by a number of other schemes thanks to our ability to turn around funding swiftly.
Spending two years working closely with their team we understand their key drivers. With our support, they have been able to establish a strong development programme in various locations across the South with more opportunities expected in 2021.
If you have frequented the Co-Op stores in Truro, Penzance and Milborne Port you will see that our client has created a niche, completing the stores either on a standalone basis or as part of a wider residential scheme, their latest at Lymington, being in the closing stages now.
With high street lenders becoming reluctant to provide funding for commercial new build projects such as these, MSP Capital’s finance provided the final piece of the jigsaw.
“We’ve been delighted with the support and flexibility provided by Adam Tovey and the team at MSP Capital. They’ve taken the time to understand our business and in particular, the relationship we’ve cultivated with the Co-Op team locally, which has enabled us to benefit from much-needed funding lines for these projects, which in turn has allowed us to maximise and strengthen our relationship with the Co-Op.”