United Kingdom-based Offa’s new funding line from Shariah-compliant Gatehouse Bank expected to support growth momentum

Offa, the UK’s first Shariah-compliant bridging lender, has obtained a significant funding line from Gatehouse Bank.

The company provides its clients’ loans between GBP 100,000 and GBP 10 million, with a maximum of 75% finance-to-value and has seen strong demand for its residential and commercial bridging finance products since the company launched in September 2019.

Having gained a reputation amongst its clients as a differentiator offering value-for-money services, Offa hopes this new funding line will help to sustain the momentum.

Offa’s services are available to the UK residents, expatriates, and overseas investors., and the company also caters to all kinds of business structures, including sole traders, partnerships, and limited compan...