Falcon Bridging Finance, the new bridging finance division of publicly credit rated specialist financier Falcon Group, has partnered with specialist packager, Positive Lending.
Intermediaries submitting enquiries to Positive Lending will be given access to Falcon’s bridging range.
Matt Vincent, specialist lending director at Positive Lending, said: “We provide intermediaries with a diverse range of bridging products from a wide variety of lenders.
“Adding Falcon Bridging Finance to our lender panel will further strengthen this proposition.”
Paul Brooks, head of asset backed lending at Falcon Group, said: “We are pleased to announce Positive Lending as our latest financial intermediary.
“At Falcon, we pride ourselves on our outstanding service and our dedication to our clients, and believe that Positive Lending have both the knowledge and expertise to support us.
“Having spent over two decades in specialist finance, this latest venture into bridging finance will see us expand into new territories – with the help of our intermediaries, we hope to become a leading market player in the coming years.”
Falcon Bridging Finance will provide a range of non-regulated products for both the residential and commercial property sectors via financial intermediaries in England and Wales – offering loans of up to £10m with terms of up to 24 months, and a loan-to-value of up to 75%.