Lancashire Mortgage Corporation completes £3m worth of loans in seven days

By Bridging Loan Directory 6th March 2015

Specialist commercial lender, Lancashire Mortgage Corporation, has completed seven funding transactions in just seven days, worth £3m, for broker partner Finance 4 Business.

This short term finance has helped a variety of businesses across the UK secure vital funding to aid business growth. Staffordshire-based commercial finance specialist, Finance 4 Business, worked with LMC to provide its clients with this fast and reliable short term funding.

During the bumper week of deals, loan amounts varied from £55,000 to £1.1million and financed the purchase of a mixture of residential investment and commercial properties

LMC and Finance 4 Business has forged an innovative partnership and have worked together to deliver more than £5m of bridging loans in the past couple of months alone. LMC’s speed of transaction, flexibility and its efficient processing abilities were some of the reasons Finance 4 Business selected the lender.

Gary Bailey, sales director at Lancashire Mortgage Corporation, said:

“We pride ourselves on the common sense approach we take to lending and this means we can provide flexible short term funding quickly. In fact, in the week leading up to Christmas, we completed six deals for Finance 4 Business clients. We understand completely the requirements of our commercial clients and broker network and that’s why we are able to deliver solutions which suit their individual needs.”

Finance 4 Business was named LMC’s ‘Broker of the Month’ following these deals, this was the third time in seven months the firm has received the award.

Russell Martin, director of Finance 4 Business, said:

“I am delighted to accept the Broker of the Month Award; it really demonstrates the strength of relationships. I believe that lender relationships are absolutely key to delivering an excellent client experience and certainty of delivery. Our partnership with Lancashire Mortgage Corporation has blossomed greatly over the last year or so and continues to go from strength to strength.”