Affirmative provides time-sensitive funding
By Andreea DulgheruBridging and development lender Affirmative has provided a £380,000 time-sensitive loan for a client of Primus Finance
Section: Case Studies
The specialist lender was approached by the finance broker after the client’s funding for their development in Lincolnshire was turned down by another lender.
Steve Pollard, senior bridging consultant at Primus Finance, said: “Affirmative was a new addition to our development finance panel and I must say I was really impressed with the broker-centric service from both its underwriting team and solicitors.”
Kyne McAllister, North West, Midlands and Wales BDM at Affirmative, commented: “We are delighted to have provided the solution.
“It was a pleasure to work with Steve and his client to get this one over the line and we look forward to seeing their progress on the build.
“We are here to lend, and we are very much open for business, even property or land in semi-rural locations which may put others off.”
Keywords: affirmative, primus finance, bridging and development lender, development loan, specialist lender, linconshire, property development, development finance panel, broker, underwriting, specialist broker, kyne mcallister