Bridging lender Onate targets growth after securing €60m funding

Irish property lender sees itself garnering half of a €200 million short-term financing market here

5th December, 2021
Bridging lender Onate targets growth after securing €60m funding
Dan Gandesha, a British entrepreneur, provides property bridging loans up to the value of €2 million to small and midsized investors Picture: Fergal Philips

Irish property lender Onate is targeting significant growth over the coming years after securing a €60 million funding line from an unnamed European lender.

The company, founded by Dan Gandesha, a British entrepreneur, provides property bridging loans up to the value of €2 million to small and midsized investors secured against residential and mixed-use investment property, excluding people’s principal homes.

The business, which began trading in January 2021, has expanded its areas of...

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