One of the loans involved both first and second charges secured against a commercial property and included strict timings, with the loan arranged at a rate of just 0.75% per month.
Another loan involved a portfolio of nine buy-to-let properties in London worth £3.1m.
The bridging lender and the short-term finance broker have been working closely together since late 2015.
- Funding 365 completes short-lease bridge in four days
- Funding 365 cuts commercial bridging rates
- Adapt completes £250m of loans
“Our working relationship with Adapt feels so natural as they share our core values and our nimble way of working,” said Laura Kendall, marketing director at Funding 365.
“Ultimately it benefits the borrower when their broker and lender work together to deliver the best financial solution in a seamless process.”
Jordan McBriar, managing director at Adapt (pictured above), added: “Yet again, great work from the whole team at Funding 365, kickstarted with a commonsense approach and thorough packaging from Adapt.”
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