The facility will enable the property bridging and development lender to meet rapidly growing demand from new and repeat customers for lending solutions on a diverse range of residential and commercial property.
European law firm Fieldfisher acted for KHK Capital.
Andy Kent, founding partner at KHK Capital, said: "We are very pleased to have secured this financing through Shawbrook Bank at a time when we are experiencing growing demand from our customers for funding on a variety of property projects, including residential and PD conversion schemes, ground-up builds and straightforward bridging loans.
"Shawbrook is the ideal lender for KHK — it is responsive, easy to work with, and understands our business.
“It gives us the freedom we need to implement our own policies and respond rapidly and flexibly to our customers.
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"We are seeing increasing demand from new and existing clients that respond to the way we operate, and this new tranche of funding means we will be able to add significant value to our existing loan book."
According to Andy, KHK Capital has been a 'family office' working mostly with private funds for a number of years, and has funded a variety of projects, including auction purchases and any type of refinance.
"KHK is a small and responsive team directly controlled by the business owners, and many of our repeat customers like that we are responsive, flexible and easy to work with,” he added.
Jake Francis, associate director at Shawbrook Bank, said: "We are very pleased to be providing KHK Capital with funding through this period of exciting growth.
“The business has a solid reputation with existing customers, which is fundamental at this time, and we are delighted to support the management team with the growing demand it faces in a sector we know well."
Oliver Abel Smith, partner at Fieldfisher, commented: "The financing demonstrates that firms like KHK are funded for future growth, which is a strong signal that the property sector remains attractive to lenders."