The lender has achieved this milestone on the back of its significant growth in recent years, during which it hired new members across all areas of its lending team, and secured new funding from investors — including a £300m institutional funding line from Waterfall Asset Management.

David Kaye, CEO at Puma Investments, said: “We’re incredibly proud to reach this milestone and we’d like to thank our team, our advisers and all the developers who have worked with us in achieving this.

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“We’re pleased to be supporting the professional developers building the high-quality residential, commercial and specialist properties that are much needed across the country.

“Post-pandemic, it is clear now more than ever that funding the development of important real estate assets across the UK is high on the agenda, and we are confident that Puma will continue to play a significant role in the sector going forward.”

Paul Frost, MD at Puma Property Finance, commented: “Over the last two years, we have seen huge interest in our lending products, as UK developers look for more flexible funding options.

“Alternative lenders, such as Puma, are continuing to fill the gap as traditional banks have retrenched, and we provide the personal and tailored service that borrowers are looking for."