Bridgebank completes £35m of lending in a matter of weeks

Bridgebank completes £35m of lending in a matter of weeks




Lender Bridgebank Capital has completed £35m worth of loans during the past few weeks.

Lender Bridgebank Capital has completed £35m worth of loans during the past few weeks.

The majority of the cases have come through the lender’s large loans brand ‘Quantum’, which deals with short term loans over £1m.

Bridgebank also expects to complete deals totaling over £20m in the run-up to Christmas.

Carl Graham, Sales Director at Bridgebank, said: “As a company, we are delighted with the level and value of deal flow that we are now experiencing.

“Certainly, since our change of emphasis to target the larger loan sector of the short term lending arena, coupled with a major internal restructure over the summer specifically designed to deal with the level of competency and professionalism required to handle this type of lending, we are seeing an instant return on that investment.

“We look forward to continuing to build on the success of 2015 into the New Year.”

Recent completions include a £9.1m loan to a high net worth investor secured against a Central London property, and a £7.73m loan to a British Virgin Islands company

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