Matthew McNeile, BDM for asset finance at Aldermore

Aldermore ups bridging funding line with SDKA

Aldermore has increased its multi-million-pound block bridging facility with SDKA, aimed at allowing the Cheadle-based lender to accelerate its growth plans.

Established in 2016, SDKA is a principal, specialist lender offering short-term bridging finance secured against residential, mixed-use, and commercial properties across England, Scotland, and Wales.

The funding for an undisclosed amount, aims to help SDKA build its bridging lending portfolio, providing SMEs and individual customers with greater access to funding.

Matthew McNeile, BDM for asset finance at Aldermore (pictured above), said: “We’ve been on SDKA’s funding panel for the past three years and are delighted to continue to support SDKA and further strengthen our relationship with them as a longstanding client.

“We have extended our block bridging facility for SDKA, and we look forward to continuing to support their ongoing development and growth.”

Kunal Mehta, managing director at SDKA, added: “We are thrilled to strengthen our partnership with Aldermore, this will have a positive impact on SDKA’s offering and our clients’ access to bridging finance solutions."

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