AOBP welcomes second lender for 2015
Peninsula, which formally launched in 2002, has roots in lending dating back to the 1920s. The lender has lent in excess of £120 million to SMEs, companies, partnerships and individuals over the past 13 years.
Daniel Palmer, CEO of Peninsula Finance plc, commented: “I am delighted that we have joined the Association of Bridging Professionals. Peninsula has been an established since short-term lender for many years now and we see joining the AOBP as a key part of our growth plans as we strive to offer our flexible finance solutions to a wider broker audience.”
The Plymouth-based lender specialises in short-term lending, primarily secured on commercial property and accepts a wide range for security.
AOBP chairman and CEO of Brightstar Financial, Rob Jupp, stated: “It’s a pleasure to see our lender support base growing at such a healthy rate.
“Our Executive Committee members who met with Daniel and his team were impressed with their business model and knowledge of the market, making Peninsula a worthy addition to the Association.”