Omni Capital raise maximum loan to £25m
Specialist high-value, short-term lender Omni Capital has strengthened their position in the mark by increasing their maximum loan size to £25 million for borrowers investing in UK property.
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Colin Sanders, chief executive officer, said:
"In the continuing absence of mainstream lending, bridging is able to provide borrowers with a wide range of alternative solutions. We, in particular, are seeing increasing demand from developers and investors for large value short-term loans that can be arranged quickly and with a high certainty of completion."
He continued: "Our in-house funding model enables us to meet that demand. Because we have no external funders to satisfy or syndicates to co-ordinate, we're flexible, nimble and able to satisfy the requirements of high quality professional borrowers being denied finance elsewhere."
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