The SME bridging specialist’s figures for the month included the provision of funds for the redemption of a reward capital facility and the conversion of a Grade II-listed building in the North East.
Manchester-based Ashley has seen its team increase by 75% this year and revealed plans to launch an offering in Scotland.
“The whole bridging team is over the moon with this record achievement,” said Liam Cavanagh, operations director at Ashley Finance (pictured above).
“We’ve enjoyed a really strong first half of 2017.
- Amicus lends £72m in July
- Octopus Property breaks record with £80m month
- Roma strengthens bridging team after record months
“At the close of 2016, the total funds Ashley Finance lent throughout the year equalled £5,828,632.78 – this year we’ve lent a total of £5,268,904.70 to date, which is fantastic considering it’s only August.”
Liam added that the growth and results it had seen were down to a lot of hard work.
“Short-term funding solutions shouldn’t be stressful and we pride ourselves on providing a constructive approach.
“We’ve invested time in establishing ourselves with brokers and our dedication to flexible and fast funding has resulted in the creation of some strong customer relationships.
“Following this record-breaking month, we have high hopes that 2017 will be a record-breaking year.”
Leave a comment