Enterprise Finance claims record bridging month

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Enterprise Finance

Enterprise Finance completed its highest ever amount of short-term loans by value in November.

Last month, Enterprise Finance completed just over £20 million of loans.

Danny Waters, CEO, Enterprise Finance, said: “With the high street lenders still on red alert, and the property market yielding considerable opportunities, the bridging sector continues to go from strength to strength. The fact that this data wasn’t skewed by one jumbo loan gives it even more weight.

“We’re by no means alone in experiencing the exceptional demand for bridging finance: as the AOBP data reveals, there is momentum across the board, which is great to see. As an industry, we can move into 2013 in a very positive mindset.”

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