Whitton’s Impact Capital launches lending platform

Impact Capital Group has launched a new business arm to provide development finance for modular builds. Industry veteran Robert Whitton has expanded the regeneration company to include development finance via Impact Lending. Impact Capital Group has acquired Hambros Secured Lending, which was established in 2019 to offer mezzanine and bridging real estate loans. Chief executive David Travers will lead the new business. Impact Lending will provide loans of up to £15m to third party developers that acquire homes from Impact Modular, while also financing Impact Capital Group’s own pipeline. Robert Whitton, founder and chief executive of Impact Capital Group, said: “The growing shift towards sustainable homes is a long-term environmental investment with a multitude of benefits for developers and our wider community. “Bringing Impact Lending into the group means that we can provide a holistic solution, by catering for the end-to-end lifecycle of future developments that will benefit generations for years to come.” Whitton established Impact Capital Group last year, as a modular housing business targeting £1bn in opportunities through large regeneration and small smart neighbourhoods. The company secured £100m from a private family office to acquire offsite manufacturer Lesko Modular , as well as a handful of sites around the South East and enlisted former Quintain chief Nick Shattock to lead Impact Developments. To send feedback, e-mail emma.rosser@egi.co.uk or tweet @EmmaARosser or @estatesgazette Image © Paul Cooper/Shutterstock