B&C can exclusively reveal that a specialist short term lender has underpinned its position as a leading provider of high value short term finance by increasing the amount it will lend to borrowers to £25 million.
Omni Capital, owned by CPC Group, has, with immediate effect, significantly increased the amount it will lend to borrowers looking to invest in UK property and the lenders’ upper loan limit has jumped from £7.5 million to £25 million. Higher values will be considered on an individual case basis.
Colin Sanders, Chief Executive Officer of Omni Capital, said: "In the continuing absence of mainstream lending, bridging is able to provide borrowers with a wide range of alternative solutions. We, in particular, are seeing increasing demand from developers and investors for large value short term loans that can be arranged quickly and with a high certainty of completion."
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