BloomSmith is pleased to announce the renewal of its funding line with Shawbrook Bank, reaffirming a long-standing relationship that underpins the firm’s 2025 expansion plans.
The renewed facility ensures BloomSmith remains firmly positioned to deliver fast, reliable VAT funding to property investors and developers at a time when confidence is beginning to return to the UK’s commercial real estate sector.
BloomSmith’s unique model allows clients to fund the VAT due on commercial property acquisitions in as little as 48 hours—entirely unsecured and with no second legal charge.
Matthew Newman, Director, Speciality Finance at Shawbrook Bank said: “We’re delighted to continue our partnership with BloomSmith, a business that has consistently demonstrated both innovation and reliability for us and their customers, in a niche but essential area of property finance.”
Speaking on the renewal, Nigel Smith, CEO of BloomSmith, commented: “Shawbrook has been an outstanding partner for us over the years, and this renewed facility is a clear vote of confidence in our model and the role we play in supporting British real estate transactions.
“As enquiries rise and sentiment starts to shift in a more positive direction, this renewed backing gives us the firepower to meet demand and continue helping our clients move quickly on deals, without the cash requirement associated with VAT becoming a stressful sticking point.”
With the UK commercial property sector expected to rebound across 2025, according to RICS latest UK Commercial Property Monitor, BloomSmith is primed to help both domestic and oversea investors seize opportunities without unnecessary financial friction.
If you would like to learn more about our VAT bridging loans, then you can speak to our team today.
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