Positive Commercial Finance posts 300% turnover increase
By Tom BelgerPositive Commercial Finance has seen turnover increase by over 300% during the first half of 2018, compared with the same period last year
The specialist commercial finance broker reported a record-breaking month in June – completing over £75m worth of development loans – and celebrated being named the Best Commercial Broker at the Bridging & Commercial Awards.
Positive also revealed that profitability was at a record high and it has now supported the funding of over 1,000 units this year.
“We are delighted to be in such a great position to help bring some prominent property development schemes to fruition, and in being able to assist a truly diverse selection of SME developers to fund their projects,” said John Waddicker, director at Positive Commercial Finance (pictured above).
“There has never been a better time for developers to take advantage of the abundance of funding options out there, as appetite from our panel of lenders is unprecedented."
Keywords: Positive Commercial Finance, commercial property broker, commercial finance, bridging finance, development finance, property finance, commercial mortgages, development lenders, John Waddicker, alternative finance