GB Bank has tripled its maximum loan size to £15m across its specialist funding range, confirming its “commitment to growth”.
The lender said that the boosted capacity will help the firm “support larger and more complex residential and commercial property projects, especially across London and the South East”.
Last year, GB Bank secured a £20m capital boost to accelerate its growth plans and went on to make four appointments to its executive team, with Eddie Tahearn taking on the role of CFO, Sean Lynskey as chief operating officer, Anne-Marie Lister as independent people consultant and chief people officer and Rupert Carlton as interim chief risk officer.
Mike Says, CEO of 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.”
GB Bank offers both buy-to-let (BTL) and specialist residential lending solutions, including commercial investment and commercial owner-occupier mortgages.
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The bank was founded in 2017.