Kuflink Bridging completes its first drawdown loan
Kuflink Bridging, the Kent-based short term lender, has successfully completed its first drawdown loan for £1.2 million on a partially completed nursing home in Essex.
Kuflink announces five-year sponsorship with Ebbsfleet United Football Club
Kuflink is delighted to announce a landmark five-year sponsorship with Ebbsfleet United Football Club. Under the terms of the sponsorship the stadium will be known as “Kuflink Stadium”.
The sponsorship is part of Kuflink’s ongoing commitment to supporting the local community with a focus on sport, health and education.
Harwinder Singh founder of Kuflink said, “Kuflink is excited to sponsor Ebbsfleet United Football Club, and we look forward to working closely with the club on a number of local community and commercial ventures. I would like to thank the team at Kuflink who worked closely with the Club to strike the deal for what is a fantastic opportunity for both Kuflink and Ebbsfleet United Football Club.”
Vice Chairman Peter Varney, Ebbsfleet United Football Club said “We are very excited to be entering into a five-year commitment with Kuflink. I would like to thank all of the team at Kuflink for the confidence they have shown in the club by entering into a long-term agreement and all of us look forward to working with them on a range of community and commercial initiatives and it will be nice to work with a company that has such a strong community focus and shares our core values. I must also thank Dave Archer and his team for negotiating such a prestigious agreement to coincide with the opening of our new £5m main stand.”
News of the sponsorship follows the ongoing support the Alpha Foundation, set up by the founders of Kuflink, has provided to the local community for more almost 10 years. The charity has worked closely with Kent County Council and Gravesham Borough Council to establish The Grand, located in the heart of Gravesend, which provides fantastic opportunities and amenities including a café, networking events, exercise classes, stop smoking support, an allotment to harvest fruit and vegetables.
Kuflink Bridging makes series of appointments
Richard Clare and Stuart Boag have joined bridging lender Kuflink as senior underwriters and Debbie Paxton and Clare Smith have both joined as case managers.
Kuflink Celebrates a terrific 12 months
August 19th 2016 was a landmark day for Kuflink – on this date 12 months ago we launched our P2P investment platform. Building on the success and reputation of the well-established Kuflink Bridging, this venture represented an exciting new chapter for the company and, one year on, we’re delighted to say that it has been a roaring success. What’s more, both sides of the business have gone from strength to strength, with significant milestones achieved across the board.
Shortly after the launch of the new platform, Kuflink launched itself into its new headquarters. At the time of the move (in October last year), Kuflink consisted of just 12 people – today we are 31-strong and are actively looking to grow the team further.
Kuflink’s progression has been underpinned by important industry recognition – in October 2016, Kuflink Bridging secured full FCA authorisation and, six months later, our P2P arm Kuflink Limited achieved the same feat. But it’s not just the industry watchdogs who have tipped their hat at Kuflink’s impressive progress; over the past year we have proudly been awarded the Business Product Innovation of the Year title at the Business Moneyfacts Awards 2017, as well as being named Best Specialist Finance Provider at the Property Wire Awards 2017.
Importantly, as Kuflink has seen its team grow and the industry take note, we have also been busy expanding the range of investment options available to investors. Kuflink’s Select-Invest, in which we invest 20% in every deal alongside our investors, has remained at the core of our proposition. But in recent months we have also added Auto-Invest and an Innovative Finance ISA to our range of investment products. As if all that wasn’t enough, in May we added Corporate Functionality to the P2P platform, while in June we also launched our new-look website!
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Capping off this momentous 12 months for the company, on August 9th 2017 Kuflink launched the next iteration of its P2P platform. Bringing Select-Invest, and the new Auto-Invest and IFISA together in a new home, the easy-to-use platform once again demonstrates Kuflink’s appetite to improve the way it supports its investors.
A year after launching its P2P offering, Kuflink has seen more than £4.5 million of investment through the platform. We’re delighted to say that to date, the total amount that has been lost by investors comes to the grand total of £0.00.
Thank you to all the people who have been part of the Kuflink story so far – as we reflect on a brilliant, progressive 12 months we are looking forward to sharing yet more successes with you in the years that lay ahead.
Kuflink launches IFISA with two fixed-term products
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Kuflink launches Innovative Finance ISA
Kuflink, the bridging loans business, has launched a new Innovative Finance Isa for investors who want to fund property-related loans.
Kuflink Debuts Property-Backed Innovative Finance ISA & New Investment Options
UK-based peer-to-peer lending platform Kuflink has launched its Innovative Finance ISA (IFISA) and also two investment options.
How do Peer-to-Peer Platforms open up Property Investment to the Masses?
The UK boasts one of the world’s foremost residential and commercial property markets. Renowned for its dynamism and demand, Kuflink research recently revealed that nearly 9 million UK investors are considering safe haven assets such as property in this intense political climate. As a consequence of strong market demand, the Office for National Statistics (ONS) this week revealed that the average UK house price had seen a year-on-year rise of 5.6% in April 2017 to reach £220,094.
While Kuflink’s research and the ONS data demonstrate that real estate remains a leading investment class, the ability to enter the property market is becoming increasingly difficult due to increasing prices, stringent bank lending measures and delayed mortgage approval rates – gross mortgage lending in the UK dropped by 6% at the beginning of 2017.
To act upon the property investment opportunities on offer across the country, a growing number of investors are now turning to alternative finance platforms – a recent property investor report revealed that 75% of property investors have turned to alternative finance over the past 12 months after struggling to secure loans from mainstream providers.
To support Britain’s generation of aspirational property investors, Kuflink will be releasing a new report that delves into the challenges and opportunities faced by individuals attempting to enter the property market. Furthermore, the study will examine whether or not investors are confident that the next government will provide adequate support to enable them do so. Based on a nationally representative sample of 1,000 UK investors, the report will assess the positive impact alternative finance is having in providing aspirational investors with the tools they require to access investments that would otherwise be out of their reach.
To find out how Kuflink’s industry-leading peer-to-peer platform can support your investment strategy, speak to a member of the team today on +44 (0)1474 33 44 99.
