PMJ Capital has announced that it has reached a significant milestone – providing over £200 million of funding – to SME developers and property entrepreneurs across the North West and beyond.
Established in 2015, PMJ provides short-term property finance on a wide range of residential, semi-commercial and commercial properties throughout the North West of England. The business is led by a management team with skills across business, property investment, accountancy, legal and specialist property finance with its head office located in Bolton.
Managing Director David Rainford commented: “Over the past nine years, we’ve worked with developers across the North West and developed a strong client list. As independent property finance specialists, we are not pigeonholed in terms of what we’ll look at, which we believe is part of our success.”
PMJ announced in July 2022, that it had reached the £100 million milestone, which has now doubled in just two years.
Added David: “We currently working with 50 developers with a loan book of £80m and £15m in the pipeline.
“Our schemes are located mainly in the North West, but, we are supporting our long standing developers in other parts of the country on a series of projects from conversions through to new housing developments.
“We have made a number of key appointments over the past 12 months, including a dedicated investment director to assist with the growth of the business. We do, however, keep our team small and nimble to ensure that the service we provide is always relationship led. That is something that won’t change as we continue to grow.”
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