Following the unveiling of a brand new core team last month, which comprises over 135 years’ experience collectively, short term lender Omni Capital is officially open for business.
The Affiliate Lender panel has grown by no less than five short term finance providers since June this year, the latest of which is Alternative Bridging Corporation which joined last week.
The AOBP is excited to be continually increasing its representation of the top lenders within bridging and, along with the other membership tiers, the market as a whole.
Colin Sanders, CEO of Omni Capital commented:
“Successful market sectors need representative and effective trade bodies. Our close cousin, the mortgage industry, has several including the CML, IMLA and AMI.
"As bridging and short-term financing become increasingly relevant and sought-after commodities, I take great encouragement from the AOBP’s obvious momentum and growing appeal.
"The AOBP offer a clear vision for the future, both to intermediaries and lenders, and Omni Capital looks forward to playing its full part with gusto.”
Omni Capital, which is owned by property trading and development company CPC Group, is based in Watford. Their proposition is based on three intrinsic principles: flexibility, fairness and funding.
Loan amounts range from £100,000 to £7.5 million and can be arranged within 72 hours.
On behalf of the AOBP, Press Officer and director of specialist distributor Commercial 1, Craig Scott, said:
“The AOBP welcomes the addition of Omni Capital to the affiliate panel. Omni has substantial funding lines, a real appetite to lend and has recently restructured its team into one which boasts a wealth of experience and capability.
“This addition further demonstrates the importance of the AOBP and the impact and support it continues to achieve from its lender partners and introducers alike.”