Bridgebank Capital reports growth in demand

Published on

The Bridgebank Capital Group has reported almost £35 million of loan advances in the last couple of weeks, primarily as a result of increased activity from its large loans brand, Quantum by Bridgebank Capital. 

Amongst other cases, Quantum by Bridgebank Capital processed six large loan advances through to completion whilst overcoming a number of complexities involved. These cases included lending to offshore entities, bank settlement refinance, lending to foreign nationals and the provision of refurbishment and redevelopment funding, to name a few.

The common thread through all these cases though, was both the experience and wealth of the Applicants, supported by the transparency and quality of information provided, and their appointed professional advisory team.

In addition, Bridgbank is anticipating the run-up to the Christmas period to be extremely busy, with anticipated completions in excess of a further £20 million for the Group.

Carl Graham, sales director said: “As a company, we are delighted with the level and value of deal flow that we are now experiencing. Certainly, since our change of emphasis to target the larger loan sector of the short term lending arena, coupled with a major internal restructure over the summer specifically designed to deal with the level of competency and professionalism required to handle this type of lending, we are seeing an instant return on that investment.

“We look forward to continuing to build on the success of 2015 into the New Year.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

FRP arranges £4.1m refinance for York student accommodation scheme

FRP Real Estate Advisory has arranged a £4.1m commercial term facility to refinance a...

The Mortgage Works signals buy-to-let rate reductions

The Mortgage Works is cutting rates by up to 0.22 percentage points across selected...

Accord reduces residential and buy-to-let rates

Accord Mortgages is cutting rates across its residential and buy-to-let ranges. The intermediary-only lender said...

Leek BS launches five-year buy-to-let fixed rate

Leek Building Society has added a five-year fixed rate buy-to-let mortgage to its intermediary...

LendInvest unveils 10bps buy-to-let rate cuts

LendInvest Mortgages has reduced rates across its two-year and five-year fixed-rate buy-to-let products by...

Latest publication

Other news

FRP arranges £4.1m refinance for York student accommodation scheme

FRP Real Estate Advisory has arranged a £4.1m commercial term facility to refinance a...

The Mortgage Works signals buy-to-let rate reductions

The Mortgage Works is cutting rates by up to 0.22 percentage points across selected...

Accord reduces residential and buy-to-let rates

Accord Mortgages is cutting rates across its residential and buy-to-let ranges. The intermediary-only lender said...