Millbrook expands into commercial property finance

Published on

Millbrook Business Finance has launched a new commercial property finance division, widening its services for small and medium-sized enterprises to include property funding alongside its existing business finance offering.

The Northampton-based brokerage, founded in 2020, will now provide clients with access to commercial property finance, bridging loans, buy-to-let mortgages and development finance.

This is designed to complement its existing panel of more than 100 lenders and builds on Millbrook’s reputation for providing tailored funding solutions to SMEs.

The new division will support businesses looking to purchase or expand premises, investors seeking to grow their property portfolios, and developers requiring flexible finance to complete construction projects.

Bridging finance will also be available for short-term funding needs, such as auction purchases, refurbishments and conversions.

Stuart Benge (pictured), head of commercial property finance at Millbrook Business Finance, said: “By now offering commercial property finance, we can support our SME clients across all areas of business finance and help provide flexible funding solutions: from the acquisition of trading premises to maximising the earning potential from current property assets right through to helping solve the UK housing crisis.

“As a natural extension to Millbrook’s proposition, this will cement our position as a leading business finance broker with SMEs.”

Justin Amos, managing director, added: “Launching into commercial property finance was always on our radar and so I am delighted to now add this to our range of services.

“This year marks our fifth anniversary as a business and so offering commercial property finance is a significant step on our growth. We look forward to helping SME clients with all their business and property finance needs.”

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

Mercantile Trust promotes Nina Kainth to head of sales

Mercantile Trust has promoted Nina Kainth to head of sales, bringing its business development...

Gatehouse exits BTR platform to fuel home finance growth

Gatehouse Financial Group has sold its build-to-rent platform to Apollo in a move designed...

Regulators set out framework for higher loan-to-income lending as cap is eased

The Prudential Regulation Authority and Financial Conduct Authority have published proposals setting out how...

Planning delays and tax burden undermine housing viability, says RSM UK

RSM UK has called on government to reassess planning reforms and tax policy after...

HLPartnership adds Jon Cooke as board adviser

HLPartnership has appointed estate agency executive Jon Cooke as a board adviser, in a...

Latest publication

Other news

Mercantile Trust promotes Nina Kainth to head of sales

Mercantile Trust has promoted Nina Kainth to head of sales, bringing its business development...

Gatehouse exits BTR platform to fuel home finance growth

Gatehouse Financial Group has sold its build-to-rent platform to Apollo in a move designed...

Regulators set out framework for higher loan-to-income lending as cap is eased

The Prudential Regulation Authority and Financial Conduct Authority have published proposals setting out how...