Specialist short-term finance provider, Bridge Help, has joined the Finova Payment and Mortgage Services lender panel.
Finova deals with 70 lenders, 3,000 mortgage brokers and 200 financial institutions and the arrangement will allow Bridge Help to further expand the reach of its products and services to brokers.
Offering up to 75% of the Open Market Value (OMV) on secured commercial properties, Bridge Help provides fast finance to borrowers for land with full planning consent, commercial, semi-commercial and residential (buy-to-let) properties, as well as refinance for loans with existing lenders and litigation finance.
Chris Sellars (pictured), chief executive and general counsel of Bridge Help, said: “Joining forces with finova Payment and Mortgage Services was an easy decision given its stature and reputation within the industry, and gives us the opportunity to spread our reach further as we grow the business.
“We’re fast becoming known as the complex loans specialists because our team’s knowledge in legal, development, and finance means we are capable of completing deals that other lenders are not. It’s an exciting time for the development of the business and I look forward to working with finova’s brokers.”
Melanie Spencer, head of Finova Payment and Mortgage Services, said: “Our growing lender panel reflects our commitment to provide a product range that meets the diverse set of demands of the current market. We are delighted to have welcomed Bridge Help on board, and to offer borrowers another specialist lending option to navigate the current economic landscape.”
