Following an approach by a private bank this addition to their resource gives the lender, who is growing in popularity, the potential for greater flexibility in finding solutions for their specialist broker clients.
Keith Aldridge, the Managing Director at Capital Bridging, commented:
“Once again we are delighted that we have been approached by a well established private bank to offer funds to our growing number of specialist brokers. In the last six months we have seen our funding lines increase fourfold and this additional line will enable us to further extend our distribution and allow us to be more flexible when supporting our broker partners.
At a recent AOBP forum, the broker’s main demand of lenders was for a more flexible, individual, approach to their funding needs and this facility will allow us to build on our growing reputation as a lender who finds solutions to satisfy those needs.
This particular funding line will also enable us to extend our funding periods for suitable cases. It is great news for brokers looking for that little extra flexibility from their lender."
