Masthaven Finance joins the NACFB

Masthaven Finance is the latest lender to join the National Association of Commercial Finance Brokers (NACFB).

Masthaven is now a patron of the Association, marking a milestone in its return to the market as a specialist lender.

Masthaven returned to the market earlier this year after Spring Finance's chief executive and owner, Andrew Bloom, acquired the lender. Andrew was the founder, majority shareholder and chief executive of Masthaven Group and Masthaven Bank from 2005 to 2020, when he sold his controlling stake and stepped down as chief executive, before purchasing Spring Finance in October 2021.

Its lending proposition includes regulated and unregulated bridging finance, first and second charge loans, commercial bridging, heavy refurbishment, self-build, development finance, and developer exit facilities. 

Jim Baker (pictured), sales director for bridging and development at Masthaven Finance, commented: “We are delighted to be joining the NACFB community no longer as a bank, but as a true specialist property finance lender.

“Masthaven has always been big on building trusted relationships and delivering on our promises and we look forward to once again supporting NACFB members by helping their clients secure funding with confidence, even in complex or time-sensitive situations.

“Our goal is simple: to be responsive, reliable, and easy to deal with and that’s exactly what our specialist lending proposition is designed to do.”

Jim Higginbotham, CEO at the NACFB, said: “Welcoming Masthaven back to the NACFB community is a feather in our cap. I'm certain our members will value Masthaven's commitment to supporting not only the intermediary channel but commercial borrowers across the UK property market.”