Acre Lane Capital offers development finance and bridging finance for a range of purposes, including light and heavy refurbishment, property investment, auction purchases, development exit loans and bridging out of receivership.
Hope Capital, with the help of LINK Capital UK, has delivered urgent funding needed to complete a challenging auction purchase for a client.
Bath & West will use the line to offer intermediaries and borrowers access to more funding and fuel future growth plans.
Offa operates in accordance with recognised universal Islamic and ethical financing principles and provides commercial, residential, refurbishment and planning bridging loans, as well as development finance.
Specialist finance lender Mint Bridging has rebranded as Mint Property Finance, in a move that aims to reflect the next step in its evolution.
Fluent Money Group has created a bridging division, Fluent Bridging Ltd, and appointed John Hardman as managing director of the new arm.
The loans are secured against UK property, and rates start from 6.99% pa.
The £9.6m loan has been secured on a block of 69 one and two-bedroom apartments in a five-storey commercial to residential conversion in Birmingham.
The firm, which lends against luxury assets, has reported seeing a growing trend for enquiries from brokers whose clients wish to borrow using classic cars as security.
Masthaven Bank has made changes to its current bridging range to provide more options for brokers and customers.