Fox Williams acted for CapitalRise on a £250 million funding facility, the fifth and largest funding facility it has secured. CapitalRise is a property lender for developers looking for bridging or development loans for prime London or home counties properties.
The Fox Williams team was led by partner Jon Segal, who co-heads the firm’s financial services team and leads the FinTech and alternative finance sector offering. Financial services and FinTech senior associate, Charlotte Eliasson, supported on the deal.
Commenting on the deal, Jon Segal said: “We’re delighted to have supported CapitalRise in securing a funding facility of this size, which will support the team on its continuing growth trajectory. Moreover, it was a pleasure to work with the talented CapitalRise team, including Uma Rajah and Pip Lashko-Sayers.”
CEO and Co-Founder of CapitalRise, Uma Rajah, said in a company announcement: “Securing a facility of this scale and nature is a great new addition to our existing partnerships. It is a testament to our depth of expertise and strong track record in this specialist area of the real estate market.”
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