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GB sees significant growth
16 June, 2008
GB has seen both an upturn in enquiry volume and unprecedented growth in business in recent months, according to the bridging lender.
Market trends indicated that there would be an upturn in the levels of bridge business as the credit crunch took hold and the market became harder for the more traditional financial institutions/lenders and the brokers alike. GB’s success to date may be, in part, as a direct result of these factors but also the work it has done in educating brokers on what, for some, is a new product with its own opportunities..
Paul Edwards, director, said, “We are all aware of how the market has changed and brokers are looking at different solutions to their clients’ property finance needs. Long gone are the days where the perception of bridge was that of a niche product with minimal uses. At GB we are an experienced bridge lender who will work with an introducer to ensure we get the right deal for the client.”