GB Bank triples maximum loan size to £15m

The specialist lender launched in 2022.


Related topics:

Monday 6th January 2025

coins pound money grow save

Specialist lender GB Bank has announced a significant expansion of its lending capabilities, introducing loans of up to £15 million across its specialist funding solutions. 

GB Bank launched in August 2022 after receiving its full UK banking licence, initially providing property development loans of between £500,000 and £5 million, with lending supporting regional property developers, small and medium-sized businesses, and construction companies.

The increased capacity will help the bank to support larger and more complex residential and commercial property projects, particularly across London and the South East.

Mike Says, CEO at GB Bank, said: “We are thrilled to kick off 2025 with this exciting announcement. By increasing our lending capabilities, we can further expand our client base and collaborate with brokers on even more ambitious residential and commercial property projects.

“We have experienced exponential growth in recent months, and we are primed and well positioned to champion property-backed lending right across the UK.”

Rozi Jones - Editor, Financial Reporter

Author:
Rozi Jones Editor, Financial Reporter
Do you have a story for Financial Reporter?
Get in touch

Comments:


Breaking news
Direct to your inbox:

More
stories
you'll love: