The specialist lending solution, from £250k to £1.5m, is tailored for smaller residential developers. 

The higher threshold means a greater number of SME loan applications will benefit from faster lending decisions.

Only 28% of those surveyed had used a broker to access business finance.

Over two thirds (67%) of finance brokers recommend alternative lenders to their small business clients.

Long-term sub hire is now available with a hire period of up to 36 months.

Based in the Midlands region, Liam and Jack will offer a full range of finance services to businesses.

Brokers report that accessing funding for commercial clients is becoming easier.

It is seeking industry views on demand for finance, the application and approval process, alternative models of finance, and under-served customers.

Assetz says the enhanced funding model enables quicker site acquisitions, faster project commencements, and reduced reliance on mezzanine finance.

In each quarter of last year gross lending was up compared to the same quarter in the previous year.