CapitalRise reaches £100 million milestone for funds returned to investors
CapitalRise has reached a new milestone having now returned over £107 million in capital and returns to investors, with zero losses or defaults since its inception in 2016.
Through CapitalRise, investors have averaged returns of 8-9 per cent per annum on the projects they have backed, which are predicated on stringent due diligence and low loan to asset value ratios. This has allowed CapitalRise to remain default free throughout its trading and has created a large amount of demand for, and trust in, their investments.
The CapitalRise team is built on a wealth of experience in finance, prime property, and technology, allowing the firm to grow and succeed in a highly competitive market despite the impacts of Covid and a challenging development market.
The figures follow a record-breaking year for CapitalRise in terms of the amount of loans originated. The company experienced significant growth in 2021, which has continued into 2022, as it continues to enable prime developers to facilitate the growth in demand for luxury developments. They have now lent against well over £640 million worth of prime property. Recent loans have been provided in some of the most desirable postcodes in the Prime Home Counties and Prime Central London.
Uma Rajah, CEO and co-founder, CapitalRise said: “This milestone is an amazing achievement and no small feat given the challenges we have encountered over the past few years. Our loans remain a benchmark for quality and trust, exemplified by the rising demand from investors. They are built on rigorous underwriting, due diligence and vigilance and we will continue to strive to maintain our spotless record so far.
I am immensely proud of our whole team and I can truly say that each and every one of them has contributed to the success of CapitalRise and I look forward to hitting more milestones in the near future.”