Central Bridging

Central Bridging completes £1.16m loan in seven days

Central Bridging has completed a £1.169m bridging loan in seven working days.

The first charge loan provided a limited company – whose security property was owned by the managing director of the firm and his wife – with the funds to redeem an existing business loan which was about to expire.

The loan was agreed at 70% LTV for nine months, with repayment set to come from the sale of one of the client’s businesses.

Brian West, director at Central Bridging (pictured above), said: “Every senior member of the team at Central has a minimum of 20 years’ industry experience with many of these spent broking before we became a principal lender in 2010.

“As a result, I suspect there are very few lenders that understand brokers and the often-complex needs of their clients quite like us.”   

Sign up to our newsletter to receive more news like this story

I accept that by joining the B&C mailing list, I will receive relevant news and promotional material via B&C on behalf of its partners and advertisers. Your data will not be passed on to any third party.
No, thanks, just the news please.

Leave a comment