Our history

Founded by Jamie Davidson in 2007 Conduit Finance was formed with the objective of being able to deliver competitive and creative funding solutions. In 2008 the markets began to tighten and there were certain banks lagging behind the market so it became apparent that we would be able to add value for clients over the coming years by spotting and exploiting not only active retail banks but also liquid investment funds, high LTV secondary funders and completely new lenders. 

In 2009 we started to see lenders turn from banks being liquid sources of lending to illiquid timebombs. Widespread calling up of loans began as did the increased level of litigation by, and against, banks. The perception of banks began to change as losses were crystalised and personal guarantees were called in with the outcome being a raft of company administrations, liquidations and personal bankruptcy. We identified this shift and began to act on behalf of clients, where we were using the banking skills we previously utilised for new business, for restructuring and refinancing. 

As 2010 began our focus was to continue to evolve to ensure that we were able to provide clients with new lending options as some clients grew and others sought to exit the previously popular Irish and Scottish banks. Liquidity was now the issue so our focus turned from the retail banks to profiling new sources across the UK which produced some interesting results and successes. Through lateral thinking and extensive profiling of funders we successfully sourced funding for both trading and property clients. During this year we began the process of building the team. 

2011 sees the strengthening of our team, the continual expansion of our lending panel and organic growth despite the challenging economy. Our growth is driven by our ability to deliver and solve problems for our clients so fees are utilised to expand the team and also broaden our sector expertise. As an independent firm we have no third party equity investors so we are able to price our fees on a flexible deal by deal basis which ultimately benefits both our clients and our firm. 

2012 will see us having completed the team which will ensure we have a physical presence in both London and The Midlands with Edinburgh acting as the administrative head office. The outlook for the market remains choppy but with the widely reported refinance bubble looming large in 2013 we expect 2012 to be a year of product evolution, new to market lenders and slightly increased competition for bankable proposals.