Brokerage Intra Private Finance has secured its FCA approval to become directly authorised.
Intra consists of seven staff and is on target to deliver over £200m in loans this year and via a range of introducers and has plans to deliver £300m in 2020. Many of these loans are for high net worth (HNW) clients, expats, multi-nationals, and corporate investors in UK property.
Bulent Kandemir, managing director of Intra Private Finance, said: “The market may be challenging in places. But that’s partly why we believe we have an edge, courtesy of a dynamic and resourceful team who are as industrious as they are intelligent.”
The firm has partnered with Mortgageforce and was last year awarded the UK aggregator’s Fastest Growing Business Award.
Kandemir added: “What we liked about the MF proposition and services menu was that it wasn’t over-prescriptive or expensive. They really do cater for all kinds of partnerships and genuinely want to see us run our own business and shape our own destiny.”