Together originates nearly quarter of a billion pounds in a single month

By Bridging Loan Directory 14th September 2023

Together supported more than a thousand customers with loans totalling £242million in August, the specialist lender has announced.

The finance group, which has ambitions to be the most valued lender for brokers, clients and partners, also reported its month-end total for bridging finance across the group – for regulated and unregulated loans – stood at £121million.

Marc Goldberg, CEO of Sales and Distribution at Together, described the figures as “amazing”, particularly at a time when the UK economy continues to face major challenges.

He said: “We’re delighted to have delivered excellent results, exceeding our financial targets last month, supporting 1,053 loans to our customers, allowing them to achieve their financial ambitions.

“To have lent £121m in bridging across our group business in the month was a real milestone, but the fact that this only represented half of our total lending as a business across all our products in August, is something we are really pleased to announce.

“This is testament to our diverse range of products including Buy-to-Let and Commercial mortgages and the continued support we provide through excellent customer service, to the UK lending market.”

Mr Goldberg said that, whilst the amount the business lent during the month was impressive – particularly during what is traditionally a quiet month – the exceptional service delivery to its customers and partners remained Together’s number one focus.

He said: “The impact we are having on our colleagues, customers and business partners is something that we continue to be incredibly proud of as a business.”

Last week, Together announced it received its first external accreditation from CCA, a leading authority on customer contact strategies and operations.

CCA Global Accreditation provides independent review, providing a benchmark for more than 40 business areas, including strategy, business policy, customer focus, employee engagement, corporate security, risk management and business performance.

The Cheadle-based lender went through a rigorous three month assessment with CCA Global where they appraised every aspect of their processes and procedures that impacted customers.