A Half Year to remember for Capital Bridging Finance

By Bridging Loan Directory -

 

Capital Bridging FinanceCapital Bridging Finance the City based short term provider of funding solutions for the bridging sector has posted excellent first half performance figures.

Commenting on a very satisfying period Keith Aldridge Managing Director at Capital Bridging summed up the reasons for their improved performance;

“In the fourth quarter of 2012 we secured a funding line from HSBC and embarked on a development programme that focused on serious brokers in the short term funding sector as well as a review of our relationships with our legal and valuation partners.

We are delighted to say the programme has been a great success and we have been able to influence the number of quality enquiries received and are pleased to report that compared to the same period last year our offers have increased by 73% and better still our completions have increased by 81%….I hope you agree a very impressive growth.

Lending figures reached a peak in June with just short of £12m in completions for the month, the same month we achieved Best Bridging Newcomer at the Bridging & Commercial Annual Awards.

Add to these outstanding achievements the fact that our lending in Scotland is rising month on month and you can see why everyone at Capital Bridging is very grateful to our growing number of broker partners who have contributed in no small way to our success.”

Commenting on Capital Bridging’s results David Hue of Cambridge based Embassy Financial Services said;

“It is no surprise to us at Embassy Financial Services that Keith and his team at Capital Bridging have posted such good figures for the first half year. Our relationship has grown over the last six months as Capital Bridging has listened to what our clients want and on the back of the trust and confidence we have in each other they have provided bespoke solutions to our client’s short term funding needs.

We look forward to supporting each other’s growth over the next six months.”