Holden Capital opens up lending arm

Principal Dan Holden said it was an “exciting milestone” in the company’s growth journey.

“We have grown from only dealing with developers directly to now welcoming deals to be brought to us from the broker network,” Mr Holden said.

HCP specialises in bank lending, private lending, mezzanine finance, joint ventures, and funds management.

In the first quarter of 2023, the lender had settled over $50 million across 10 transactions with the goal to continue its growth strategy along the eastern seaboard and extend our broker network across Australia.

“HCP completed $132 million worth of new loans in Calendar 2023 and is on track for $200 million in 2024 thanks to the newly settled deals from the broker introducers,” Mr Holden added.

Welcoming Mr Short to the new position, Mr Holden said: “Callum was well known to us having worked in other businesses within the Holden Group since 2018.”

Bringing over 10 years of experience in commercial property and finance with varying roles, Mr Holden said he was the “right guy for the job” and has that “inner drive”.

Mr Short has worked at a Fortune 500 company, a leading brokerage house and a quality development business, which has “given him multiple perspectives on client needs”, he added.

The role, which took effect in November 2022, is responsible for informing the broker community of HCP’s product offerings and working up deals to present directly to credit committee.

Mr Short said he was passionate about securing deals and ensuring clients get the outcome required.

“My passion is achieving outcomes for clients and the business by utilising a flexible approach and individually tailored solutions,” he said.

“There have been multiple transactions we have been able to facilitate for clients in Melbourne, Sydney and throughout South-East Queensland that have been quickly dismissed by other lenders … who had either let them down or were simply unable to secure the outcome the client required.”

In addition, given HCP was not funded by a warehouse facility “with prescriptive covenants”, it can be flexible to give sponsors “great funding outcomes”, Mr Short added.

[Related: Writing the book on construction finance broking]