Newable Finance

Newable Finance completes £86m of deals in first trading year

Specialist brokerage and advisory firm Newable Finance has arranged £86m worth of deals for clients in its first full year of trading.

Throughout the year, the company secured a range of bridging, commercial and development finance loans, as well as loans for auctions and BTL portfolios for clients across the UK.

Regionally, London was the most popular area for enquiries for both commercial and residential bridging.

Newable Finance — part of Newable — sources lending for SMEs and property-backed businesses that are typically looking to borrow up to £10m, with access to over 150 lenders, ranging from high-street to specialist and introducer-only. 

Phil Reynolds, managing director at Newable Finance (pictured above), said: “Despite the challenges associated with the pandemic, we have enjoyed a strong first year, supporting SMEs with their lending requirements across the UK. 

“Bricks and mortar remains an attractive asset class, with many people looking to start or scale up their projects and portfolios.”

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