Pivot
Provides temporary financial solutions for various property development needs, empowering our clients to advance their business goals.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | £35.0m | Late VC | |
| Total Funding | 000k | ||
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Pivot, operating under the full name Pivot Finance, is a specialized lender in the UK real estate market, established in 2012 by Shahil Kotecha. The firm focuses on providing development and bridging finance to experienced property professionals, including developers, investors, and professional landlords. Kotecha, who serves as the CEO, brings a background in real estate investment and development, having previously founded a property investment vehicle. His experience directly informs Pivot's strategy, which emphasizes a deep understanding of the property lifecycle.
The company's core business revolves around originating, underwriting, and managing property-backed loans, with a typical loan size ranging from £1 million to £10 million. Pivot's business model is that of a principal lender, meaning it lends its own capital, which allows for greater flexibility and speed in decision-making. Revenue is generated from the interest and fees charged on these loans. Its product suite includes development finance for new builds and refurbishments, alongside bridging loans designed to facilitate property acquisitions and manage cash flow between transactions.
Pivot targets a specific client base of established property developers and investors who require timely and structured financing solutions. The firm differentiates itself through a service proposition built on sophisticated underwriting, direct access to decision-makers, and transparency throughout the loan process. By focusing on the professional segment of the market, Pivot leverages its team's expertise in both finance and property to assess and manage risk effectively, aiming to build long-term relationships with its clients rather than focusing on transactional volume. This approach allows them to structure bespoke funding packages tailored to the specific needs of each project.
Keywords: real estate lending, development finance, bridging loans, property investment, structured finance, specialty lending, property developers, UK property market, alternative finance, asset-backed lending