Alternative Bridging eases criteria for Christmas
By Alex LynnAlternative Bridging Corporation has launched a special Christmas campaign that offers brokers several improved terms for residential, commercial and development finance
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The ‘Christmas has come early’ campaign includes lower interest rates, increased LTV ratios and higher commissions for its broker partners.
This news follows the appointment of a new business development manager in October.
Jonathan Rubins, chief executive officer at Alternative, said: “This campaign clearly demonstrates our commitment to the short-term loans and development finance sector post the Brexit and our determination to develop even closer relationships with a greater number of brokers right across the UK.
“Each case will, of course, be individually reviewed to ensure that we offer [the] best terms and we are confident of being able to deliver to our brokers and their clients a very Merry Christmas!”
Alternative currently offers interest rates from 0.65% to 1.1% and LTVs ranging between 60-75% for residential and commercial, while providing up to 80% of cost for development finance.
Earlier this year, Alternative celebrated a number of multi-million-pound loans despite Brexit uncertainty.
Last month, Alternative successfully raised £500 in aid of research charity Breast Cancer Now.
Keywords: Alternative Bridging Corporation, Christmas, brokers, interest rates, LTV, ratios, Brexit, Breast Cancer Now, development finance, short term loans,