The £5m bridge - Lender goes large

The £5m bridge - Lender goes large




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This week a short-term lending specialist has announced that it can now provide clients with nearly double the amount it could previously offer

with loans of up to £5 million.

Goldentree Financial Services Plc, has announced that since securing a significant tranche of new funding from its principal funder Betfred – the world’s largest independent bookmakers – it is now actively looking to write loans of up to £5 million, exceeding its original maximum loan size of £3 million.

Offering speed and flexibility which is not normally available through mainstream lenders, Goldentree is now calling for introducers to send it larger deals to utilise the new tranche for a whole host of projects, including residential and commercial bridging as well as development purposes.

Speaking to B&C about the increased funding, Goldentree’s Director, Simon Ismail, told us that the large loan facility will be available to all of its existing and new introducers, with no exclusions.    

He said: “We have a lot of cash to lend and we’re seeing a huge amount of applications coming our way, especially for much larger, unregulated loans. However, we will still be placing the same amount of focus on smaller loans too as these are the everyday bread and butter of our business.”

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