The two lending brands, Assetline Capital and Clinch, have been mothballed as they consolidate into a new lending identity, AltX Lending.
Asset management company AltX Financial Group – the parent company of non-bank lenders Assetline Capital and Clinch – has announced that it is consolidating all its lending brands under one banner: AltX Lending.
Founded in 2012, the AltX Financial Group originates and manages private capital transactions through three businesses covering lending, investments and funding.
While it had operated several lending brands that distributed through the broker channel – including Assetline Capital (specialising in long-term property-backed lending solutions) and Clinch (specialising in bridging loans and equity release products), these have now been united under AltX Lending.
The unified lending arm will continue to offer:
• Residential and commercial mortgages
• Private lending
• Development finance
• Bridging finance and equity release
According to the group, the unified name aims to make the breadth of its capabilities and expertise clearer to the markets it serves and reflects AltX’s evolution into an integrated financial services group.
The AltX Financial Group, therefore, now comprises AltX Lending, AltX Investments, and 365 Funding.
Speaking to The Adviser, AltX said the change affects only the brands; existing products and personnel remain unchanged, and brokers do not need to reaccredit.
The group said it would continue to invest in specialist expertise, broker support and collaboration across its lending teams.
Nick Raphaely, co-founder and co-chief executive of AltX Financial Group, said: “We’ve spent more than a decade building AltX into the business it is today. What began in specialist property finance has evolved into a substantial, integrated financial services group with deep expertise across lending, investment management and funding.
“Our brand needed to reflect that evolution.
“Today, we have an end-to-end financial services business serving brokers, borrowers, and wholesale and institutional investors. Bringing these interconnected capabilities together under one brand reflects the scale and breadth of what we’ve built.
“This is about more than a new identity. It’s about bringing the full strength of AltX together and ensuring the market sees the breadth of what we can deliver.”
Steven Beinart, co-founder and co-chief executive of AltX Financial Group, said: “The strength of AltX lies in the combination of our capabilities. We understand the needs of borrowers and brokers, we have deep expertise across specialist lending, and we’ve built established relationships with wholesale and institutional investors.
“That breadth gives us the ability to respond to opportunities across different markets and client needs, supported by specialist teams and a diversified funding platform.
“Our unified identity reflects the scale and breadth of AltX today, while providing a stronger foundation to expand our capabilities and continue growing the group.”
James Green, chief executive of Clinch Bridging Finance, also reflected on the name change, stating: “AltX Lending brings together the specialist expertise we’ve built across our lending businesses, giving brokers a clearer pathway to the right solutions for their clients.
“From residential and commercial mortgages to development finance and bridging, our dedicated specialists understand the complexities of each product and the scenarios brokers are working through.
“We’re building on the relationships brokers already know, with dedicated specialists working more closely across our lending teams to help brokers find solutions for more of their clients.”
Since its establishment in 2012, AltX has originated more than $8 billion in loans and grown to in excess of $2.2 billion in assets under management.
The group priced its inaugural $400 million residential mortgage-backed securities (RMBS) transaction, Horizon 2026-1 Trust, in September.
[Related: James Green appointed CEO of new non-bank lending brand]
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