Hope Capital has revealed that the 2021/22 financial year was the strongest in its 10-year history.
The specialist short-term lender revealed total completions from 2020/21 to 2021/22 grew by 107% and there was nearly a 50% increase in AIPs.
Throughout 2021, Hope Capital launched a number of products and offerings, including the refurbishment range, discounted rate loan and development exit loan.
Hope Capital adds two BDMs
“This last financial year has been the most successful year for Hope Capital, delivering re-sults well beyond all expectations,” said Jonathan Sealey, chief executive at Hope Capital.
“To achieve this significant milestone during a period of so much uncertainty, given the wider economic climate and the impact the pandemic has had on so many industries, is an un-believable accomplishment for Hope Capital.
“Owing to the resilience and hard work of the team, coupled with the excellent service we are renowned for delivering and our innovative product range, we have significantly improved our overall performance.
“Despite the challenges posed by the pandemic, the specialist lending market has continued to stride forward, and we believe that, as even more brokers become aware of the benefits bridging finance can bring, the sector will only continue to grow.
“Looking ahead, we are planning to propel this success even further, which we feel confident we will achieve by continuing to launch innovative products, as well as focus on our long-term recruitment strategy.”