Leading finance brokers in exclusive lending partnership
By Bridging Loan Directory -
One of the UK’s leading finance specialists; Charleston Financial Services are pleased to exclusively announce that they are now a key partner of InterBay Commercial which, has today launched a range of competitive and innovative products aimed at the UK commercial market.
The beneficial products will target the UK small balance commercial market and will consist of:
• Loans from £75,000 to £1,000,000
• Larger loans by exception up to £5 million
• Maximum LTV 75 per cent
• Good credit history
• Margins starting from 4.95 per cent over 3 month LIBOR
The news has no doubt created a rousing interest amongst the financial sector as InterBay Commercial makes a long awaited return to the market for the first time in five years. As the commercial market has remained quite firmly barred in mammoth melee; the respected re-launch of InterBay Commercial, in partnership with Charleston Financial Services, and the upcoming increase in commercial product lending will no doubt be greatly accepted with an abundance of open arms.
Speaking of the partnership and the launch, Director of Charleston Financial Services James Hardwick, commented;
“We are pleased to have been rewarded key partner status by InterBay Commercial. As one of only 22 mortgage brokers in the UK to have access to their product offering, it is testament to the hard work and quality of packaging that our members of staff strive towards every day for all of our customers and introducers.
InterBay Commercial have many years of experience providing SME’s with an affordable alternative to the high street banks, which with the current lending restrictions in the market especially from the high street banks, is key to this launch.
We look forward to working together with the team at InterBay and growing a successful partnership both ways.”
Working side by side with its key partners including of course, Charleston Financial Services; InterBay Commercial will now begin providing the benefit of their experience, service and flexibility to small and medium sized businesses. The crucial aid is set to breathe life into a stressed market and finally see those struggling; receive the assistance they so rightfully deserve.