Lender and distributor team up in multi-million pound record-breaker

Lender and distributor team up in multi-million pound record-breaker



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A principal lender has broken its own monthly record for the amount of deals completed in one month through just one introducer.

Dragonfly Property Finance, the specialist short and medium-term finance provider, completed ten deals amounting to £8 million in December through just one introducer: London-based specialist distributor,

Enterprise Finance

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Danny Waters, CEO, Enterprise Finance, told B&C that the largest of the deals was a £5 million deal, which due to the vastly complicated of the nature of the transaction took a few weeks to complete. 

 

 

 

 

 

 

 

 

 

Danny Waters commented: “The fact we were able to get so many deals completed in a month as quiet and short as December is a real testimony to the speed and commitment of the Dragonfly team — and, of course, to the company’s willingness to lend. Some of the deals weren’t that straightforward either, so to get them through to completion amid all the Christmas parties was quite something.”

 

 

 

 

 

 

 

 

 

Mark Posniak, Head of Marketing at Dragonfly Property Finance, told us that the ten deals were on properties from all over and said that each one was a quality loan. The deals were able to be completed so effectively and swiftly due to Enterprise’s understanding of how Dragonfly operates.

 

 

 

 

 

 

 

 

 

 

 

 

Mark Posniak stated: “This is the largest amount of deals we have ever done through one introducer in any one month and it’s no surprise that it was Enterprise Finance. Danny and the team are as hungry to send deals over as we are to get money out and that’s always a good combination.”

 

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