Catalyst introduces 2.5% proc fees for October
Catalyst Property Finance has launched ‘PROC-tober’, where it will pay an enhanced bridging proc fee of 2.5%, plus a donation to Hope for Food, a charity local to the lender.
All new enquiries submitted to Catalyst in October that fund before the winter break will qualify for the 2.5% proc fee.
Donations to Hope for Food will be made as the ‘PROC-tober’ loans close.
Chris Fairfax (pictured), CEO at Catalyst Property Finance, said: “Catalyst is giving bridging brokers a boost.
“Over 2020, Catalyst has been in the incredibly fortunate position to continue to grow our lending book and our market share.
“Now, we want to encourage new intermediaries who have yet to try the Catalyst experience to do so and, of course, we want to give an extra Autumn boost to our existing and valued intermediary partners.
Fairfax added: “When we launched Catalyst 3 years ago, we wanted to do things differently, do things better.
“Not just with competitive products and flexible terms, but also with brilliant customer service that exceeds expectations.
“PROC-tober is an initiative designed to encourage more brokers to experience the Catalyst way of lending and to raise money for a very worthy cause.”