Sandfield Capital, a LendTech company specializing in providing loans for legal claims, has successfully secured a £20 million credit facility through Ampla Finance. The funding, the initial tranche of a larger £100 million fundraise, will play a pivotal role in expanding Sandfield Capital’s operations significantly.

Private debt finance specialist Altimapa Capital is leading the £100 million fundraise, revolutionizing SME funding by directly engaging with a network of over 600 institutional investors.

Sandfield Capital collaborates with a curated panel of specialist law firms, focusing on specific legal areas, including housing disrepair claims, breaches of customer data, mortgage interest miscalculations, and claims against finance brokers. Notably, all loans provided by Sandfield are fully insured, relieving individuals of any financial obligations in case their legal claim is unsuccessful.

Founded in 2020 by Steve D’Ambrosio, with support from a private investor, Sandfield operates out of offices in London and Liverpool. The company employs a fully automated and scalable platform that facilitates real-time data exchange among law firms, investors, and insurers. This technology allows Sandfield to process thousands of loans monthly without manual intervention.

Steven Ambrosio, CEO of Sandfield Capital, expressed, “This funding marks the first phase of our journey to raise £100 million, transforming our business and expanding access to justice for individuals.”

Pedro Tavares, CEO and Founder of Altimapa Capital, noted, “Sandfield Capital has a well-thought-out business model and a sound proposition. We are delighted to have structured a deal that highlights the expertise and professionalism of all parties involved.”

Richard Kennerley, CEO of Ampla Finance, added, “Sandfield is well placed to capitalize on evolving tech trends in civil litigation, providing its client base with a high-quality, ethical, and comprehensive offering.”

With plans to create ten new jobs in the coming year, Sandfield Capital is poised to meet the growing demand for its services.

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