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£10m completion month for Alternative Bridging | Financial Reporter

£10m completion month for Alternative Bridging

Alternative Bridging Corporation announced one of its busiest periods to date, with the number of loan completions skyrocketing to more than £10 million in a four-week period.

Related topics:  Commercial,  Commercial finance
Amy Loddington
2nd September 2014
£10m completion month for Alternative Bridging

The completions took place at the end of July and the beginning of August. Loans were secured on a range of properties including a £1.5 million residential development finance deal in Middlesex.

Brian Rubins, Managing Director of Alternative Bridging, said:

“We are extremely pleased to have been able to facilitate so many deals in such a short space of time.

“It demonstrates how useful it is for borrowers and their advisers to have access to a well-funded, flexible and resourceful lender with a short chain of command which can efficiently originate a wide range of loans.”
 

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