Spring grows funding lines while bolstering team

The firm has increased the size of all three of its institutional debt funding lines, while also closing on a mezzanine funding round from private investors. The company has also made a raft of appointments across its bridging and mortgage team and now has almost 40 members of staff. Amy Robinson joins from Apex Bridging, as […]

Bridging & Commercial Magazine – The Wisdom Issue

To celebrate the 30th issue of the Bridging & Commercial Magazine, we wanted to prepare something truly special. This issue brings you the industry’s top pearls of wisdom, with the aim of helping the entire specialist finance sector and prepare for the year ahead. First off, some of the graduates of the new specialist finance […]

Spring Finance launches first charge products

The new products are available on a pilot basis Specialist lender Spring Finance has unveiled a range of first charge residential remortgage products, which are available on a pilot basis. The range mirrors the lender’s existing second charge products and caters for customers who require a specialist finance solution. The launch follows a series of […]

Spring Finance aims to be ‘very sizeable, specialist non-bank lender’ with development finance entry, says CEO

Spring Finance will be launching a ground-up development finance proposition once economic conditions have settled, and will then introduce a first charge owner-occupied and buy-to-let range next year, as part of plans to become a “sizeable” non-bank lender, Andrew Bloom (pictured), the lender’s chief executive said.  Speaking to this publication ahead of Deal Catalyst’s Annual Investor’s […]

Spring Finance secures bridging funding line from Aldermore Bank

Specialist lender Spring Finance has announced that it has recently completed on a funding line with Aldermore Bank, which will be used to finance its bridging loans. Spring launched its specialist bridging proposition just over a year ago and in that time has built a highly experienced team. The new Aldermore facility sits alongside Spring’s existing facilities […]

Spring Finance completes £835k re-bridge in under two weeks

Spring Finance and Newable Commercial Finance have completed an £835,000 regulated re-bridge that funded in under 2 weeks from the initial enquiry. Nick Webb of Newable approached Spring with this re-bridge as they needed a quick turnaround and a lender that could take a flexible approach as he knew the applicant would be out of the […]

Spring Finance opens bridging range to all brokers

Spring Finance has today (20th June) rolled out its bridging proposition to the wider market following a three-month pilot with a select group of brokers. The specialist lender is now offering the whole of market a range of loans – from £50,000 to £2m – to support brokers and customers. The product suite includes regulated, […]