Origin Capital, a recently launched senior debt commercial property finance provider, has been awarded the ‘Best Newcomer’ award at the 2015 InBusiness Editor’s Choice Awards.
Run in association with Chambers Ireland, the awards recognise excellence in Irish business across a variety of categories, and Origin Capital was one of many quality businesses to receive awards. Other winners included Eir, Eversheds, AIB Private Banking, and Glanbia.
Origin Capital offers a real alternative to traditional funding options in the Irish commercial property market, and is actively providing senior debt funding in excess of €3m for investment transactions.
The company offers clients the opportunity to deal directly with decision makers, who take a flexible approach to lending grounded in commercial common sense. This approach cuts out bureaucracy, increases decision making speed and connects clients to funding opportunities not offered by traditional banks.
Commenting on Origin Capital’s award, Joseph O’Connor, Editor of InBusiness magazine said “Origin Capital has come to market at a time when those seeking funding for Irish commercial real estate have been restricted by the options available to them, and has proved itself to be a much welcome addition to the market. We look forward to seeing more from the company in the months ahead”.
Receiving the award, Ross Metcalfe, CEO of Origin Capital commented ‘We are delighted to have received this award, which is enormous recognition for Origin Capital. Since we launched in April 2015, we have been extremely encouraged by the response we have received from the market – we have credit approved over €90m of lending and seen several deals through to completion”.
Metcalfe continued “We are looking forward to growing the business significantly in 2016. We are currently in negotiations to secure a further round of funding, with a view to becoming a sizeable and credible alternative to existing lenders in the market”.
Origin Capital provides senior debt commercial property finance in the Irish market for investment deals in excess of €3m. The company is a joint venture between LeBruin and certain investment funds managed by Tricadia Capital Management, LLC, a New York-based investment firm with approximately $4b in assets under management.
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