City based bridging lender Capital Bridging Finance Limited (CBFL) has completed more business in June than in any other month since its launch in 2010.

It lent over £11 million last month.

Keith Aldridge, the lender’s managing director, said he was delighted with the current position.

“All the research work we did with our broker distribution earlier in the year is now paying dividends and we are seeing business coming in from many new supporters nationwide, including Scotland,” he said.

“In June we lent in excess of £11 million across the whole spectrum of our proposition from buy-to-let residential, to heavy refurbishment and new build on both first and second charges.

“What we found particularly pleasing was that our brokers now have the confidence to trust us to find solutions to their clients needs, with loans up to our maximum provision and so our spread of funding is across our full range from £30,000 to £3 million.

“We are continuing with our programme of support for our brokers and by working very closely with our valuers and legal practices, we expect to maintain the momentum we have established at the end of the first half of the year to be continued until the end of the year and beyond.”