HMS, the specialist provider of loan servicing to the real estate finance industry, is delighted to announce its appointment by Brydg Capital Limited (“Brydg”) to service its loans made under the Coronavirus Business Interruption Loan Scheme (CBILS).
Brydg Capital, an existing client of HMS, has been awarded accredited lender status by the British Business Bank and, through this partnership with HMS, will now be able to provide crucial finance loans to SMEs across the UK who have seen financial disruption from the coronavirus pandemic.
HMS, part of specialist real estate asset manager QSix, will continue to manage the existing bridging and development loans for Brydg Capital.
The announcement comes following HMS’ rebrand from its previous name of ‘Hampton Mortgage Servicing Limited’, reflecting the strong commercial growth, expansion of service proposition and diversified client base since its founding in 2013.
“We are delighted to support Brydg Capital in servicing these vital loans for businesses which are suffering under the pandemic. As an existing client, we know Brydg as a sector-leader among the UK real estate lending platforms and we have no doubt that the strength of our partnership will allow us to deliver fantastic results for SMEs across the UK.
Following HMS’ brand refresh, this is also a further reflection of our continued growth and our ability to work with the best companies in achieving fantastic results. We cannot wait to get started.”Daryl Gorham, Head of Servicing at HMS, commented
Launched in 2013, HMS is a specialist, boutique asset servicing platform dedicated to servicing loans within the real estate sector. The firm also provides debt recovery services to unsecured loan portfolios. With extensive experience in the servicing of complex portfolios combined with a technology-first approach to loan servicing, HMS is trusted by alternative lenders, investment funds and housebuilders to find bespoke solutions for their customers allowing them to focus on their core lending objectives. Based in Farnham, HMS employs more than 15 employees.
*Hampton Mortgage Servicing Limited