Capital Bridging rebrands as Amicus
Since launching the business five years ago it has trebled in size, as the short-term lender completed just short of £150m in new lending last year.
Keith Aldridge, its managing director, said: “The change of name to Amicus reflects the progress we have already made, extending our offer beyond bridging into development and other types of short-term lending.
“It also gives us the flexibility to build on our proposition and deliver the same customer focus and adaptability into other specialist lending markets.”
Amicus currently has an estimated 7% share of the short-term lending property market.
John Jenkins, its chief executive, added: “Capital has a great reputation and has built strong relationships across the short-term lending market.
“The rebrand to Amicus allows us to build on this and start to broaden our proposition into other areas of lending.
“We think our high touch, relationship-based approach will resonate well in specialist lending markets that are increasingly poorly served by mainstream lenders.
“We are excited at the opportunities the new brand enables.”