CBL announce new funds, new rates and enhanced LTVs
CBL are pleased to announce the availability of a substantial funding tranche from 1st March 2014, with an extension of lending criteria to include both enhanced LTVs and reduced interest rates across all lending spectra of first, second and third charge loans.
John Clifford, Managing Director, Central Bridging Loans said:
“This is the first of a number of substantial funding tranche announcements we will be making in 2014.
This current tranche allows us to now offer interest rates from 0.85% per month and LTVs to 80% of OMV. As always however our rates and LTVs are never set in stone and are flexible for attractive propositions. This flexibility, coupled with our range of specialist products, including third charge loans, should further strategically position us going forward as a flexible lender of choice for the broker & introducer marketplace”