Crystal Specialist Finance has completed one of its quickest deals on record, receiving the application at the NACFB Commercial Finance Expo 2016 and completing drawdown in under 24 hours.
During the trade show a broker approached the stand with the requirement to source an unsecured business loan to raise working capital in order to expand their client’s business, which the company picked up there-and-then with an attendee from panel lender ezBob.
CSF managing director, Jo Breeden said: “We always have a can-do attitude and look for ways to get deals funded for clients. Even if it’s not a traditional property deal we will try to help both our brokers and their clients, and just because we may be out of the office doesn’t mean we don’t go the extra mile.”
Travis Mascitelle, head of broker relations at ezBob added: “We pride ourselves on our fast personal service, and our ability to get deals funded. Jo and the team know they can turn to us for their business loan cases and trust that we can deliver, it was great to get a deal done at the show and get the client the funds he needed so quickly.”
CSF rebranded in April 2015 to highlight five specialist core divisions: bridging, commercial, development funding, second charge loans and specialist mortgages. The company operates across England, Scotland and Wales with access to over 70 lenders, including exclusive lines.
CSF recently announced a record first quarter, issuing terms on £401m worth of business from January to March 2016, a 96% increase on the same period last year.