Thursday, March 3, 2016

Mint Bridging increases loan size to £5m

As one of the UK’s fastest growing bridging lenders and a pioneer of re-bridging loans, Mint Bridging confirms it has increased its maximum loan size from £1 million to £5 million.
Mint has recently funded several multi-million pounds loans, which has led them to review their loan values. The company invested heavily in their business infrastructure during 2015 and the perception of Mint is changing as the business develops. Brokers now realise that Mint can write deals that they would not previously have considered, and in shorter time scales. This has been enhanced with guaranteed funds which have allowed Mint to expand their lending criteria.
Managing Director, Andrew Lazare stated:
“We have devoted time and money in providing the foundations that will see our business grow substantially. Mint’s recruitment policy has paid dividends and our team of underwriters, in house legal team and business development team are well respected, experienced and established in the sector. Our new London based office has grown substantially due to our affable approach, dedication and hard work. I see terms and updates being sent out regularly at 11:00 in the evening and our consistent, conscientious & open approach helps brokers complete deals smoothly. Our hand-holding client approach through the full term has served us well.”
Paul Wertheim, Operations Director, validated:
“With revised systems and process in place, offering fund larger loans up to £5m leads us into fresh territory, evolving the Mint brand. People used to be under the impression we were operating out of a garage with damp on the walls. We are now recognised as an 18 strong team, established in the market and as such, our enquiries from valuable and loyal brokers have increased extensively.”

http://bridgingloandirectory.co.uk/2016/03/02/mint-bridging-increases-loan-size-5m/

No comments:

Post a Comment