Cambridge & Counties said that financing the UK warehousing and logistics sector is a key focus for the bank in 2021.
Brokers interested in learning more about arranging second charge mortgages, bridging and commercial loans for their clients can arrange a one-to-one Zoom call with an expert.
Located at Corton, the 125-acre land plot is valued at £18m and forms the majority of a two-part masterplan with outline planning permission in place for 750 new homes.
The investors, a husband and wife trading as Staton Young, have purchased the former HMRC office in Derby, which totals 44,415 square foot, spread across five storeys.
Nucleus Commercial Finance has secured a £200m funding line, with which it will continue its support for SMEs once the CBILS comes to an end.
Following the success of InterBay Commercial’s recent semi-commercial launch, the specialist lender has launched a commercial product range.
The bank has increased its operational capacity to support £100m in lending over the next quarter.
CFBUK is a whole of market commercial finance broker, which provides its services to professional introducers through its relationship with several large residential mortgage broker networks.
This marks a significant milestone for the loans and leases business with the lender distributing over £120m of loans to SMEs since its accreditation to the government’s CBILS in May.
InterBay was approached by broker partner Empire Finance, on behalf of a client looking to secure funding for a new business location to help them separate their commercial operations from their family home.