LendInvest launches structured property finance team
LendInvest has launched a new structured property finance team to offer a tailored service to brokers and borrowers with complex property finance cases.
The team will be headed up by Tom Madden, sales director, working alongside senior business development managers Gary Clark and Michael Minnie, offering over 55 years of collective experience in specialist property finance.
LendInvest’s new structured property finance team will specialise in high value, unique property finance deals between £500,000 and £15m in loan size, providing a bespoke service for brokers and borrowers with complex property funding requirements.
The team’s focus will be providing tailored solutions to complex deals by offering a range of products, from larger bridging loans including land and commercial security, to development exit and development finance.
Madden said: “The creation of the new Structured Finance team is a natural step for the business, and a formalisation of a lot of the work the team have been delivering to date.
“This launch builds on the team’s successful track record of understanding our borrower’s businesses, helping our brokers add significant value and providing a tailored experience for professional property investors and SME developers.”
LendInvest recently made key adjustments to its short-term lending suite, reinstating its higher LTV bracket on its bridging product range with rates starting from 0.55%.