As Impact Lending, the business will provide financing solutions to external developers, including a product range dedicated to sustainable construction.
Hambros Secured Lending has rebranded itself as Impact Lending, a new arm of the Impact Capital Group.
As Impact Lending, the business will provide financing solutions to external developers, including a product range dedicated to sustainable construction.
Funding will be available from £500,000 to £15m for eligible sustainable developments as well as traditional products.
In order to qualify for the sustainable range, a customer must engage with Impact Modular as the main contractor and manufacturer of its modular units.
In addition, Impact Lending will inherit a range of traditional construction products from Hambros Secured Lending, including Stretch Senior, Mezzanine and Bridging products.
David Travers, chief executive of Impact Lending said: “We are delighted to unveil our new identity as Impact Lending, which will bring our lending company in line with the culture and ethos of the Impact Capital Group.
“We recognise the history of our industry and that is why we honour the traditional construction product range.
“However, it is part of our company’s culture to encourage all of our clients to consider building using sustainable construction methods on their future developments and contribute to the Green Recovery initiative.”
Robert Whitton, founder and chief executive of Impact Capital Group, added: “The Government has an ambition to meet Carbon Net Zero by 2050 and has set out clear guidelines to launch a Green Industrial Revolution.
“The growing shift towards sustainable homes is a long-term environmental investment with a multitude of benefits for developers and our wider community.
“Bringing Impact Lending into the group means that we can provide a holistic solution, by catering for the end-to-end lifecycle of future developments that will benefit generations for years to come.”
