New Exeter finance company lends record £1m to property developer

Exeter Finance Ltd, a two year old, privately funded lender, founded by two local finance entrepreneurs has secured their highest loan to date of £1m to a property developer wanting to complete a housing project in Cornwall.

Exeter Finance, set up in 2014 by David Kirk and Peter Keech, has gone from strength to strength in a short space of time with their first ever loan given to John Allen (pictured above with Peter Keech) for The Loft Club building in St Thomas. 

Two years later with 75 loans under their belt, the private lenders provide loans from £26,000 up to their most recent and significant amount of £1m.

Says Peter Keech: "We are delighted to be supporting growth in the South West.  The loans have helped create and safeguard jobs, deliver contracts efficiently as well as provide means for growth through working capital, infrastructure and expansion." 

"Our success lies in the fact we are quick to react to a client’s needs and make the process as easy as possible, without huge hurdles to jump to get a secured loan".

For more information visit www.exeterfinance.co.uk