Property investor secures £3m grant for innovation and growth plans

CrowdProperty, a finance provider for property development, has received a £3m investment from Canada’s Flow Capital Corp.

This investment will help speed up CrowdProperty’s existing plans for innovation and growth by improving its platform and application processes and expand the team across all areas of the business over the next three years.

Since its inception ten years ago, the Birmingham-headquartered firm has funded £842m of property resulting in the delivery of more than 3,500 new homes in the UK.

Mike Bristow, CEO of CrowdProperty, said: “This funding is a real vote of confidence, not only in our current offering, but our future growth potential and overall vision to take the business to the next level.

“We are delighted to be able to accelerate our plans to do what we do best – provide SME property developers with the finance they need when they need it, while also supporting our other stakeholders in building their futures.”