The funding increases Clearwell’s total capacity for residential-development finance to more than £250 million, including a £100 million contribution from long-standing partner Fasanara Capital.

Clearwell said the capital will be deployed to support small- and mid-sized housing schemes, with a strong emphasis on quality, viability, and timely delivery.

Over the past five years, Clearwell has developed a proprietary loan-management system (LMS) for development finance that tracks construction progress and sales in real time.

Clearwell Capital chief executive Ed Marley Shaw commented: “Both HSBC and Fasanara share our long-term vision and commitment to SME developers. This facility reflects our institutional readiness and our belief in doing development finance the right way. We can now focus on what we do best: backing deliverable housing projects across the UK.”

Fasanara Capital chief executive Francesco Filia added: “Clearwell remains at the forefront of using intelligent systems to deliver asset-based lending. The addition of HSBC provides added firepower, helping our funds deliver scalable, real-economy impact in UK housing.”

Oke Uwakwe, HSBC managing director of structured finance, said: “We are pleased to extend this facility to Clearwell Capital, supporting their growth strategy and helping them accelerate the delivery of housing across the UK.”

With the new facility in place, Clearwell Capital said it is seeking experienced developers with strong track records and ready-to-deliver residential schemes.