Bridgebank Capital sees surge in large loan demand
The Bridgebank Capital Group has completed almost £35 million of loan advances in the past few weeks, primarily as a result of increased activity from their large loans brand, Quantum by Bridgebank Capital.
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The Quantum by Bridgebank Capital team saw six large loan advances through to completion. These cases included lending to offshore entities, bank settlement refinance, lending to foreign nationals and the provision of refurbishment and redevelopment funding.
This recent uplift in completions activity is expected to continue in the run up to Christmas, with anticipated completions in excess of a further £20 million for the Group.
Carl Graham, Sales Director commented:
“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.”
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