Reward Finance Group has helped boost the region’s economy by providing £5.2m of funding to SMEs in the first year of launching in the Midlands, to enable them to unlock growth potential, create new jobs or navigate through a difficult trading period.
Roma Finance, the lender less ordinary, has today launched a below market value bridging product and has reduced rates on the higher loan-to-values across its short term finance range.
A home counties-based social enterprise, which provides training and employment opportunities for young people in the construction industry, has secured a £900k project for its eco-house building division from affordable housing provider Fairhive following a £200k cash injection from Reward Finance Group.
VAS Panel has completed over £1bn worth of valuations for Allica Bank in just 16 months, comprising over 1,100 applications and more than 40 different business sectors.
Two prominent businessmen from the West Midlands, Sunny Araf and Janed Karim, are backing a pioneering Birmingham start-up, OFFA, with a seven-figure funding line for their bridging products. The self-made millionaires, who made their fortune in security, believe the opportunity to invest in the UK’s first Sharia-compliant bridging company is an important “win-win-win” for them as ethical Muslim investors, for OFFA’s expansion plans, and by enabling more choice for diverse customers in the bridging market.
The Midlands hub of YBS Commercial Mortgages have completed their highest value deal-to-date, with a loan worth more than £10 million.
Market Financial Solutions (MFS) has secured £125 million of institutional funding in response to significant demand for both its bridging products and buy-to-let (BTL) mortgages.
A Scottish designer and manufacturer of musical accessories is looking to repeat the global success of its first product launch in 2021 with two new innovations, after agreeing a £250,000 funding deal with Reward Finance Group.
Specialist asset-based lender Ultimate Finance is today announcing they are freezing their Bridging Finance loan rates from 0.74% per month for the next two months in the face of continuing challenges for developers in the residential property market.