Foresight Group (Foresight), a listed infrastructure and private equity investment manager, has provided a senior debt facility of up to £75 million to Impact Lending, a specialist property lender that provides senior and mezzanine bridging and development loans up to £10 million, primarily to UK SME residential property developers.
Founded in 2019, by property entrepreneur Robert Whitton and finance professional David Travers, Impact Lending is part of Impact Capital Group, which specialises in real estate, development finance, strategic land purchases, sustainable construction through modular manufacturing and flexible, smart office services.
Foresight has worked with Impact Lending to structure a debt facility to fund the growth of the Company’s lending strategy. This will help to address two key market issues: the UK’s systemic housing shortage and environmental sustainability through the supply of Green Loans to help fund sustainable development.