Alternative Bridging Corporation (Alternative) has launched its ‘Christmas has come early’ campaign offering its brokers a package of improved terms for commercial and residential loans and development finance.
For its broker partners, Alternative is offering lower interest rates, increased loan-to-value ratios and higher commissions. Alternative’s current interest rates range from 0.65% to 1.1% p.m. and LTVs from 60% to 75% for residential and commercial loans and up to 80% of cost for development finance.
Jonathan Rubins, Alternative’s chief executive officer, said: “This campaign clearly demonstrates our commitment to the short-term loans and development finance sector post the Brexit and our determination to develop even closer relationships with a greater number of brokers right across the UK.
“Each case will, of course, be individually reviewed to ensure that we offer best terms and we are confident of being able to deliver to our brokers and their clients a very merry Christmas!”