"Together launched its commercial bridging product with us, following a good response from brokers in our network to its first charge residential product"
Together has started a commercial bridging pilot for brokers within the Tenet networks, after providing short-term finance for two deals worth more than £220,000.
In June, Together announced its partnership with selected networks across the UK as part of plans to grow its business, allowing thousands of new brokers access to its first charge mortgage products.
John Truswell, head of national accounts at Together, said: “These are fantastic examples of where our agility as a specialist lender enables us to deliver funds against tight deadlines that many mainstream lenders would struggle to meet.
“Both cases involved exceptional teamwork between the broker, our commercial underwriters and solicitors, to get the best possible outcome for the customers, who were certainly happy with the results.”
Martin Greenwood, chief executive of Tenet Group, said: “Together launched its commercial bridging product with us, following a good response from brokers in our network to its first charge residential product and it’s fantastic to see that our new relationship is really starting to bear fruit.”