The bridging and development finance lender has set its sights on lending over £200m this year, £100m more than the amount it lent during 2016.
Zorin plans to increase lending by bolstering its origination team as well as increasing its maximum loan size and introducing new products, rates and technologies.
The lender will also be relocating to larger offices in London’s Knightsbridge from 9th January 2017 to allow for the expansion of its team.
- Lender funds development of 350 new properties
- Bridging lender trebles loan book
- Bridging lender to treble loan book after rate slash
Luke Townsend, founder and CEO of Zorin, explained the growth plans to Bridging & Commercial.
“To date we have operated under the radar by design, working tirelessly yet patiently to lay secure foundations that will act as a springboard for our growth in 2017 and beyond.
“We are tremendously excited by our plans for the year ahead; the benefits that these will bring to both our borrowers and introducers will help to position Zorin as a leading force in the UK real estate lending market.
“We look forward to sharing more details in due course.”
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