‘Built to Last’ As Property Finance Lender Celebrates 45th Anniversary

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More than 100 property professionals gathered to help an expanding finance lender in the sector celebrate its 45th anniversary.

MSP Capital invited clients, suppliers, partners, team members and prospects to an afternoon party at Scaplen’s Court in Poole, Dorset, near to its head office.

The theme was ‘Built to Last’, reflecting the importance of strong foundations and solid long-term strategy for both property development and overall business success. It was the latest in-person industry event hosted by the principal lender since Chief Executive Leigh Bartlett last year set a new loan book target of reaching £750 million by 2030.

Leigh said:

“Bringing together so many valued contacts in such a relaxed and enjoyable setting was a real pleasure. Forty-five years is quite a milestone. Events like these are about celebrating the connections that drive our business forward."

“All the suppliers who came along were local and we thank them for helping to make the day such a success. We look forward to many more events like this in the future as we continue to grow the strong relationships that underpin what we do best.”

MSP Capital’s longest-serving current employee, Commercial Director Adam Tovey, who joined in 2010, said:

“The original purpose of our firm was to help property developers access funds when they faced challenges raising capital elsewhere, from high street banks or other lenders."

“Forty-five years on, our blend of flexibility, agility, property insight and customer focus continues to help us grow. We work closely with developers, housebuilders, brokers and other property professionals and we’re increasingly operating on a national basis.”

Among the guests at the celebration was Duncan McCarthy of developer Nord Homes who has been an MSP Capital customer since 2007 when he was having difficulties sourcing funding elsewhere for a five-home development in Wimborne.

Duncan said:

“MSP Capital are easy to work with, and it is very helpful over the longer term when you see familiar faces who understand what you are trying to do and can help. They offer flexible terms and always find a way of making it work when banks are being more rigid.”

Also there was Nigel Price, Chairman of estate agent Goadsby Residential, who said: “MSP Capital are straightforward to work with, very professional and approachable.”

Guests were entertained by music from jazz band The Gershwin Gang and fun facts shared by compere Paul Kinvig.

Reflecting the ‘Built to Last’ theme, caterer Molecular Magic served canapes and desserts decorated inventively to resemble materials from the property sector such as concrete and wood. And in a further ‘Built to Last’ touch, saddler James Edwards from North Devon firm Acorn Saddlery was on hand to make offcut leather into coasters personalised for each guest with their initials using embossing tools.

Founded in Poole in 1981, MSP Capital has grown to employ a 60-strong team, all ‘property people’ irrespective of their department, with further appointments due this year. Having caught the attention of institutional investors, a controlling interest in the firm was sold to Cabot Square Capital in 2018.

Pollen Street Capital, Shawbrook Bank and the world’s largest bank, JP Morgan, are also funding partners, adding capacity to enable highly competitive lending rates across both development and bridging loan products.

MSP Capital is hosting a further anniversary celebration this month at Lockes Bar in Covent Garden, London, for around 50 brokers based in the Capital.

Photo: Chief Executive Leigh Bartlett addresses the audience at MSP Capital’s 45th anniversary celebration in Poole.

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Oct 23, 2024
2 min read

Williams Racing is pleased to announce a multi-year extension and expansion of its award-winning partnership with Gulf Oil International Ltd.

The union between two icons of motorsport began in 2023 when Gulf, one of the world’s leading manufacturers of oils and lubricants, joined Williams’ mission to transform and win future world titles.

Driven by a shared passion to bring fans closer to the sport, the partnership has delivered memorable moments including the Gulf x Williams Fan Livery Vote campaign which saw 180,000 votes cast for the Bolder Than Bold livery which ran at three Grands Prix last year and picked up two prestigious awards. The livery returned in September as Alex Albon drove the FW45 in front of a passionate bumper crowd at the Anhebi Sambadrome in São Paolo.

An exciting new era for the partnership will begin in 2025, when Gulf’s vibrant coffee brand Reviva will become the Official Coffee Partner to the team.

Crafted from 100% Arabica beans sourced from Rainforest Alliance-certified farms in Brazil, Colombia and Honduras, Reviva’s balanced yet bold and vibrant taste will fuel the team and its guests at all races on the Formula 1 calendar and at Williams’ HQ in Grove.

Bringing together two brands committed to high-quality performance, Reviva’s logo will feature on the FW47 car to be driven by Alex Albon and Carlos Sainz – one of the most formidable driver line ups on the grid.

Gulf will also continue to reach beyond the Formula 1 team by partnering with Williams Esports and the Williams Racing Driver Academy, supporting the next generation of stars on their motorsport journey and fulfilling Gulf’s vision of a bright and modern future for motorsport.

It is Williams Racing’s second major global partnership extension announced this month as the team continues to strengthen in all areas, following the news that Kraken will remain as the team’s Official Crypto and Web3 partner into 2025.

James Vowles, Team Principal: "We are thrilled to deepen and extend our partnership with Gulf Oil International, a brand with a motorsport heritage to match our own and one that is synonymous with excellence and innovation. Together we have put captivating fan engagement and developing the next generation at the heart of our partnership, and this extension is another vote of confidence in Williams’ ongoing transformation. The introduction of Reviva as our Official Coffee Partner will mark the start of our next chapter together, bringing together two brands with bold ambition and strong momentum.”

Mike Jones, CEO, Gulf Oil International UK Limited: “We are excited to announce this partnership of Reviva Coffee and Williams Racing. Reviva is expanding Gulf’s footprint into the speciality coffee sector, and we look forward to seeing it on the world stage of Formula 1 through the Williams Racing partnership. We are also delighted to extend the partnership between Gulf and Williams Racing, building on what we have achieved in our first two seasons together, and our commitment to continue bringing engaging activations for the fans, including iconic Gulf liveries and F1 demos in our key markets."

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‘Built to Last’ As Property Finance Lender Celebrates 45th Anniversary

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