Fiduciam expands into Scotland

Fiduciam has expanded into Scotland and has now completed its first transaction north of the border.  A specific set of lender requirements and solicitors’ instructions was created for the Scottish market – including the creation of a ‘Scots law’ facility template and security documentation set. Given this, Fiduciam is now fully equipped to cater for the Scottish market based on local customs and aims to be the first port of call for any broker with a transaction to place in Scotland.

HM Treasury accepts Fiduciam as a Women in Finance Charter Signatory

Fiduciam has a team that is almost entirely fifty-fifty men and women with 21 male and 20 female employees.

Currently, women comprise 16% of Fiduciam’s senior management team, but with a number of very successful females in the firm, women will constitute at least a third of its management team within 18 months. 

Johan Groothaert, CEO of Fiduciam says, “We believe that diversity and inclusiveness in our workplace are conducive to a successful and dynamic business environment.  Women in Finance Charter is a fundamentally important initiative to broaden the diversity of financial services companies across the UK. The more companies sign up to initiatives such as these, the more it influences other firms to do the same thing, providing better career opportunities for women but also a better outcome for society as a whole.”

Fiduciam lends €5.7m for Dutch office portfolio

Fiduciam has granted a €5.7 million loan to enable a borrower to acquire a new office building and extend their portfolio in the Netherlands.

Since the opening of Fiduciam’s Dutch branch office over a year ago, they are seeing demand for their loan product.

The main banks in the country continue to reduce their commercial real estate loan books, which means there is demand that cannot be satisfied by traditional mainstream lenders. Fiduciam is filling this void, offering lower interest rates than the other alternative lenders in this sector.