London Money launches commercial finance arm
London Money has launched a commercial finance arm sourcing commercial mortgages, development and asset finance as well as invoice discounting.
The venture follows the launch of London Money Loans last year, which provides secured loan booking services to mortgage advisers.
Martin Stewart, the founder of London Money said: “We have made a difference to brokers in the secured loan market, with the launch of London Money Loans; we believe we can do the same for commercial lending.
“The professionals who introduce their clients to us can be assured that they will receive a first-class service.
“We will leave no stone unturned in finding the right solution for their commercial finance needs.”
Darren Willoughby, London Money Commercial co-founder, will remain a director of broker 2XL Commercial, which he founded over a decade ago.
He said: “London Money Commercial is a natural extension of my role at 2XL Commercial and will give brokers, advisers and other professionals in London another option for their client’s commercial finance needs.”
London Money Commercial will be based in Victoria, London.