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Finance

We are ready for 2019.

Hope-Jonathan-2

by Jonathan Sealey

Whilst the infrastructure is now in place to move the business forward even more rapidly, we are not resting on our laurels. Hope Capital has recently moved into new offices in Liverpool which are four times the size of our previous one — up from 650sqft to 2,500sqft. The new office has provided a massive boost to our current staff, we’ve been a bit on top of each other for a while now so this really helps people. A good working environment is always a boost to people.

Changing times

One of the bigger changes at Hope Capital of late has been how we are funded. Historically we had been 100% funded by family money. The family still has a significant amount of money in the business but following a fund raise at the back end of 2017 we have increased our lending power.
 
It has been very successful, but we know we need to raise further funds. This doesn’t mean we intend to join the bridging price war, we aren’t the cheapest in the market but nor do we have to be. The demand for bridging is there and our selling point is the bespoke service we offer. We aren’t a ‘computer says no’ type of lender. We look at every case on merit and one of the benefits of having the right staff on board is that they have the skills required to assess a case properly.
 
For us it’s not about getting the right skills but the right person. When we have that person we can put the professional development in place to help them progress and learn the skills.

"The same values remain, and will always remain."

Jonathan Sealey, CEO

Planning ahead

With the right people and funding in place we want to further improve on what we have done before, it comes down to one thing: We may not be the cheapest but we can be the best!
 

Changes ahead

With all this change should brokers be worried that the Hope Capital of old will be swallowed up and converted in to a corporate animal?
 
Not at all, the same values remain, and will always remain.
We will always look at every loan in terms of is it a good opportunity for us and the borrower. We don’t want to see borrowers end up in trouble and nor do we want to end up in trouble.
 
We are already seeing cases where borrowers have unrealistic expectations when it comes to the value of their property. As a business we need to be aware of that moving forward — especially inside the M25.
 
We are in a great place, we have a great reputation, we are continually improving and it’s just about refreshing what we do. We’re seven years old now and we’re a growing company.
 
There are opportunities for borrowers, brokers and lenders ahead which is a great place to be in. For Hope Capital we are looking to grow the book, grow the company and keep doing what we are doing.
 
We can become more competitive and take business away from our peers by proving that we can do it better. We’re here for the long-term and will continue to support what is clearly a growing and prosperous market.

Hope-Jonathan-2

Jonathan Sealey

Jonathan started Hope Capital in 2011 after working in property for over 9 years and is responsible for the company’s strategic growth.

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