"Feedback from our pilot reaffirms that intermediaries want a trusted partner to support their business and I am delighted we are now bringing our offering to the wider market."
Its product range includes FCA regulated, unregulated, first and second charge, complex credit, heavy refurbishment (with drawdowns) and light development loans. Loan sizes are from £50k to £2m.
To coincide with the launch, Spring has announced the refresh of both its website and logo.
Jim Baker, bridging sales director, said: “Spring Finance has seen a clear gap in the bridging market for a lender that has the experience and expertise to make transparent and robust lending decisions. This combined with Spring’s common-sense underwriting and efficient processing, even on complex cases, means financial intermediaries and their customers can rely on us to deliver the service we have promised. Feedback from our pilot reaffirms that intermediaries want a trusted partner to support their business and I am delighted we are now bringing our offering to the wider market.”
Claire Newman, head of bridging, commented: “I’m delighted with the feedback from our pilot and am excited that we are now launching to the wider market. One of the core elements of our proposition at Spring is the personal approach to each loan and the commitment to provide a high level of service. The whole team takes real pride in a job well done and this will continue through this launch and as we look to enhance our product range over the coming months."
