The partnership focuses on loans ranging from £100,000 to £500,000.
FundingKnight will put up its platform and network while Alternative Bridging will use its loan management expertise. The maximum LTV is 70 percent on terms between three months to two years. Interest will vary, depending in part of the online bidding process at FundingKnight.
Graeme Marshall, Managing Director, of FundingKnight said: “This is a wonderful opportunity to offer our introducers a wider product range and for our lenders to enter the secured loan market benefitting from tested, experienced management from day one.”
Brian Rubins, Managing Director of Alternative Bridging, said: “Graeme has been known to us for some years and we look forward to extending this relationship to the FundingKnight network of introducers and lenders.”
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