Reflecting on Q1: Momentum, Milestones, and Market Expansion at Onate

As we bid farewell to the first quarter of the year, the team at Onate team took some time to reflect on Q1.

While Q1 started at a slower pace than anticipated, we are thrilled to share that momentum really surged as we navigated through February and March. Here are our highlights: 

1. Ambitious Targets and Lending Opportunities

Setting ambitious targets for us as a group has been instrumental in propelling us forward. We seized lending opportunities presented by the dynamic property market, capitalising on our expertise to deliver loans to borrowers in a seamless process.

2. Maintaining Close Relationships

Our commitment to maintaining close relationships with our borrowers has proven invaluable. These relationships have not only helped us overcome the inevitable challenges, but have also fostered trust and collaboration, benefiting both parties.

3. Highlights and Achievements

Q1 was marked by significant milestones, including completing numerous loans for both new and existing borrowers. We have also taken proactive steps to enhance our offerings, such as reducing interest rates and introducing a fixed interest rate product. The latter will ease uncertainties if rate cuts do not materialise as quickly as initially was forecasted.

4. Refurbishing Residential Properties

We are excited to have advanced loans on tired and derelict residential properties, paving the way for their transformation into much-needed housing stock. Over the coming months, we look forward to witnessing the finished product once refurbishment works have been completed and the properties are fully let.

5. Expanding into New Horizons

One of the most exciting developments for the Onate team in Q1 was the opening of our office in Madrid. This expansion marks a significant milestone as we begin rolling out our loan offering in a brand new market. We are thrilled to embark on this journey of growth and exploration.

6. Looking Ahead 

We are eager to continue assisting borrowers, where they may be experiencing funding challenges, in order to achieve their goals. With our expanded presence and unwavering commitment to excellence, we’re confident that exciting times lie ahead for Onate and our growing client base.

Join us as we embrace the opportunities and challenges that await, shaping the future of bridging finance and property investment together!