Aldermore provides £5m block bridging facility to Integer Lending

Aldermore has provided a £5m block bridging facility to Integer Lending Limited, the funding vehicle supporting Integer Investments’ specialist property lending business.

According to Aldermore, the facility will increase Integer’s capacity to finance property acquisitions and eligible renovation works and support the continued expansion of its lending offering.

Integer launched its UK lending activities in 2023, operating through Integer Investments Europe Ltd and Integer Lending Limited.

The business offers bridging and development finance and invests in affordable housing projects across the UK, including property refurbishments, blocks of flats, auction purchases, stabilisations and HMO conversions, with a particular focus on helping address the UK’s housing undersupply.

Steve Thorne, business development manager at Aldermore, said: “Integer has built a strong business in a relatively short period of time, backed by an experienced leadership team and clear ambitions for growth.

“We’re pleased to have worked closely with the team to provide a funding solution that supports the next stage of its journey and enables it to continue expanding its lending activities.”

Simon Lefevre, head of wholesale & structured finance at Aldermore, added: “This transaction reinforces Aldermore’s commitment to supporting both established and emerging businesses across the property sector.

“Integer has developed a strong proposition, focused on supporting property investors and developers while helping address the UK’s housing undersupply.

“By taking the time to understand the team’s plans and ambitions, we were able to structure a funding solution tailored to their needs, providing the flexibility and funding capacity to support their continued growth and help increase access to much-needed housing across the UK.”

Cristiano Bellavitis, founder of the Integer group said: “Securing this £5m facility from Aldermore is an important milestone for Integer. As property investors ourselves, we understand the practical pressures borrowers face, from tight completion deadlines and renovation costs to projects that require a tailored approach.

“The facility will enable us to support more property investors and broker partners, expand our lending capacity and broaden our product offering over time.

“Aldermore’s understanding of specialist lending gives us a strong platform to grow while retaining the speed, flexibility and disciplined underwriting that differentiate Integer.”