Capital Bridging sees 160% rise in annual performance

Capital Bridging sees 160% rise in annual performance




A national short-term lender has seen its annual performance rise by 160 per cent, almost trebling the size of the business….

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p>A national short-term lender has seen its annual performance rise by 160 per cent, almost trebling the size of the business.

Capital Bridging Finance, a subsidiary of Omni Partners LLP, had three record months in the final quarter of 2014.

Managing Director Keith Aldridge felt the simple secret to the firm’s success lay in a decision made two years ago to invest in quality.   

“We have outstanding individuals in our underwriting team and our legal and operational support functions are very much a part of our client facing proposition,” Keith said.   

“We have improved our technology support. Our innovative client video initiative has proved very popular and has certainly enhanced our reputation as a transparent lender.  

The firm has also grown its distribution of trusted partners and has seen significant improvement throughout the year in the role valuers and lawyers play in establishing the company’s reputation as a lender that delivers.

“The appointment of John Jenkins as CEO in the summer was a vital piece of the jigsaw that is now more or less complete,” Keith added.

Jordan McBriar of Adapt Finance, a new client of the lender,  is excited about working with the Capital Bridging Finance after witnessing first-hand the drive and willingness to complete complicated cases to tight deadlines.

“We appreciate no case is without its challenges, but Capital Bridging’s in-house underwriting team work with the broker and other stakeholders,  in order to deal with issues promptly, “Jordan said.

“We are very confident of placing high levels of business with Capital Bridging in 2015.”  

Keith continued that the success of the last quarter, which saw Ca
pital average almost £20 million per month supporting his belief that the firm has a market share of over 8 per cent.

“Not bad for a business that two years ago would not have registered on many people’s radar!” Keith added.

“With our growing number of chosen relationships like Adapt we have every reason to believe that 2015 will be good for the sector and very good for Capital Bridging. We will be making some exciting announcements in the next few months regarding our plans for the future.”

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