The lender was approached in February by Steve Rodrigues, head of broker partner Five Finance, whose client was seeking a refinance of their portfolio consisting of 58 properties across the South East of London.
The lender offers these products across three core parts of its range – standard, limited company and HMO/MUBs up to six-bedroom/units.
Black & White Bridging is the recently rebranded intermediary face of long-term bridging lender, Bath & West Finance.
Despite the knowledge gap, nearly a fifth (18%) of SME leaders are considering or planning to apply for the Help to Grow Scheme, 16% for the Recovery Loan Scheme and 15% for the Restart Grant.
Clarke will have responsibility for the lender’s commercial finance operational processes and infrastructure, supporting its ambitious growth strategy.
When asked ‘how would you rate your overall level of mental wellbeing’, 17.57% of respondents said the issue was 'of concern', up from 6.90% in August 2020.
Fiona Hoyle said: “FLA members are increasingly optimistic about the outlook and we expect to see a strong rebound in demand over the next year.”
Spotlight: Jessica Bird speaks to Chirag Shah at Nucleus Commercial Finance about team culture, the growth of the specialist market, and supporting SMEs in a post-COVID world.
The Shariah-compliant finance was to cover three existing facilities across three flats in SE18, including two one-bedroom flats and a two-bedroom flat, on a six-month term, with an LTV of 70%.
Devraj Ray (pictured) joins as a senior associate.