19Jan2018

North west bridging lender changes name for national expansion

Merseyside’s only private finance house has completed a major rebrand to reflect its continued national expansion throughout England & Wales.

Wallasey-based Bridging Finance (NW) has become Bridging Finance Solutions after seeing a 42 per cent increase in lending outside of the North West for the first half of 2010.

Steve Barber, founded and Director of Bridging Finance Solutions, said: “Whilst we remain very much a North West company, committed to our local clients and supply network, we are increasingly arranging a significant amount of business outside the region.

"Rebranding as Bridging Finance Solutions not only reflects this ongoing development, but will help us to capitalise on the significant demand for fast, accessible finance in the property sector nationally.

“We are looking forward to announcing some significant new national partnerships over the coming months which will help us to further extend the reach."

Bridging Finance Solutions has recorded a 68 per cent increase in the overall loan book for its half yearly results in 2010 in comparison to 2009.  Last year the company launched the £20 million Short Term Business Finance Fund offering loans of £30,000 to £500,000, for up to six months for a variety of business uses.

In June Bridging Finance Solutions was named “Best Regional Bridging Lender” at the industry’s annual Bridging and Commercial awards held at the Grange Hotel in Tower Hill.

The company was established by former management consultant Steve Barber in 2005 and has since arranged more than £40 million of bridging loans.

« Back

Latest newsRss

  • Fast funds in six days

    Property Loans (UK) Ltd, were faced with a time critical challenge by one of their long standing development clients urgently needing a £500,000 loan completing in under one week.

  • Silver bridger's on the up at BFS

    Bridging Finance Solutions (BFS) has reported a sharp increase in ‘silver bridger's’ during the past 12 months, a trend the firm expects to continue into 2018.

  • BFS launch development product for sub £1m-loan market

    Bridging Finance Solutions continues to offer short term lending support to the smaller developer, launching a bespoke product catering for loans at a value of sub-£1 million.

  • BFS on track to increase turnover by 25%

    Bridging Finance Solutions continues to drive forward its ambitious growth and expansion plans, revealing plans to increase turnover by a further 25% in 2018.

  • How short term bridging can compliment traditional funding

    Bridging Finance is increasingly being used by both individuals and businesses as a short term solution that complements and supports traditional long term lending.

Accreditations Ombudsman Accreditations Astl NACFB