< One of the founding lenders of the bridging industry has completed almost £500 million since its launch 10 years ago…
Affirmative Finance, the Manchester-based secured lender, is celebrating its 10-year anniversary this week, having lent almost half a billion pounds since it launched.
Eugene Esterkin, Managing Director of Affirmative, said: “Whilst the market has changed over the past decade, with some old competitors having fallen away, and new entrants coming into the market in droves, there are great business opportunities available with the banks and older traditional sources of finance still reluctant to back entrepreneurial enterprise. That lacking on their part is to the advantage of our sector which is growing steadily and Affirmative remains keen to lend as adventurously as it has done throughout the difficult years.”
Eugene added: “The whole team at Affirmative gives a big “Thank you” to all our broker base, valuers, solicitors and other professional contacts, and not least to all its customers, for the business it has conducted in its first 10 years. Also, a special thank you to Mo Mulki and B&C for its unique contribution to the sector.”
The FCA regulated lender is continuing to grow in style, by recruiting two new BDMs for the Midlands and the South West over the next two months.
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One of the founding lenders of the bridging industry has completed almost £500 million since its launch 10 years ago.
1 Comments
Tony Bennett
I was of the understanding that Bridgingloans.com actually floated in 2000, were they not a bridger?