Signature Private Finance, a privately-owned and funded principal lender, has launched this week.

The new lender arranges bespoke financial solutions to suit the needs of borrowers and will facilitate loans from £50,000 to £500,000 for most purposes to businesses and private individuals throughout England & Wales.

Solihull-based Signature lends its own funds and makes lending decisions in-house. It has a dedicated team with many years of banking, surveying and legal experience, and has established links with a panel of solicitors and surveyors.

Bilal Ahmed, CEO of Signature Private Finance, who has over 17 years’ experience in the property market, said: “I’m pleased to announce that we are officially open to the market and to intermediaries. We’re the new kids on the block, with lots of capital and plenty of experience.”

“We have launched this week with backing from Private Equity Funds managed by Cabot Square Capital. We chose Cabot because of their strength in the financial services sector.

We pride ourselves on our level of personal service & speed of response and as a truly privately funded lender, if we say Yes we mean Yes.”
Being a principal lender allows Signature to adopt a flexible approach to consider each case on its individual merits.

Bilal said: “Whilst we will consider non-regulated loans on properties throughout mainland England & Wales, due to the management teams geographical knowledge, we are looking to initially concentrate our efforts in the Midlands, Wales and the South East .”

Criteria:

- Standard bridging;
- First charge only;
- Minimum loan size is £50,000;
- Maximum loan size of £500,000;
- Loan terms from 1 to 12 months;
- LTVs up to 70 per cent on residential property;
- LTVs up to 60 per cent on commercial property;
- 100 per cent LTV available with additional security;
- All loans based on OMV of property; and
- Rates from 0.75 per cent per month.

The lender is based in Solihull but also has a London office.

We offer the intermediary market a competitive procuration fee and an additional fee if they provide the exit route and the loan is repaid on time.

Further details can be found on the company’s website: www.signatureprivatefinance.co.uk or alternatively call 0121 746 3130 to speak directly to a decision maker or to arrange a meeting to discuss matters in person.