Drawbridge Finance launches today

Nia Williams

March 15, 2010

Drawbridge Finance originally opened its doors for business in April 2009, to a select small number of partners. Following the success and appetite for its products, Drawbridge is delighted to extend its enhanced range of products to wider audience from today.

It’s product range comprises:

• Residential bridging loan

• Commercial bridging loan

• Buy to let loan

• HMO loan

• Refurbishment loan

Mark Posniak, head of marketing and operations, said, “After weeks of careful preparation, we are delighted to announce our official launch. Following extensive research and feedback, we have designed a number of propositions, which we believe offer great solutions for our clients. We are launching with a number of bespoke products which are not limited to standard bridging loans. Our range also includes buy-to-let, HMO and refurbishment loans.”

Jonathan Samuels, CEO, said, “Since we established Drawbridge Finance in 2009, we have worked hard to meet the needs of borrowers through a range of innovative products. In a short space of time we have successfully lent in excess of £100 million with the financial capacity to lend multiples of this.”

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