Shawbrook’s £20m supports ScotLend’s growth – Daily Business

Specialist lender ScotLend has secured a £20 million facility from Shawbrook to bolster its national footprint in the bridging finance market.

The facility supports ScotLend’s offering of loans between £30,000 and £2m and marks a significant milestone for Shawbrook’s speciality finance team as its first transaction in support of a Scotland-based lender.

ScotLend launched in 2023 as Scottish Bridging Loans by property specialist David Travers and Sanjay Agarwal who has a background in healthcare and real estate. It was rebranded last year.

They drew on Shawbrook’s experience in the wholesale funding market and worked with the speciality finance team to agree a bespoke facility that supports their immediate needs along with flexibility for future growth.   

Shawbrook was assisted by Field Fisher and Morton Fraser MacRoberts on legal matters and Freeth’s acted as legal counsel for ScotLend.