Bridge Help has announced it has joined the finova Payment and Mortgage Services lender panel.
The specialist short-term finance provider’s partnership with finova will enable the lender to expand the reach of its products and services to brokers.
finova supports more than 70 lenders, 3,000 mortgage brokers and 200 financial institutions, and Bridge Help’s offering provides finova’s club of directly authorised (DA) brokers with a new funding option for clients in England and Wales.
Offering up to 75% of the open market value (OMV) on secured commercial properties, Bridge Help provides finance to borrowers for land with full planning consent, commercial, semi-commercial and residential buy-to-let properties, as well as refinance for loans with existing lenders and litigation finance.
Chief executive and general counsel of Bridge Help, Chris Sellars, commented: “Joining forces with finova Payment and Mortgage Services was an easy decision given its stature and reputation within the industry, and gives us the opportunity to spread our reach further as we grow the business.
“We’re fast becoming known as the complex loans specialists because our team’s knowledge in legal, development, and finance means we are capable of completing deals that other lenders are not. It’s an exciting time for the development of the business and I look forward to working with finova’s brokers.”
Head of finova Payment and Mortgage Services, Melanie Spencer, added: “Our growing lender panel reflects our commitment to provide a product range that meets the diverse set of demands of the current market. We are delighted to have welcomed Bridge Help on board, and to offer borrowers another specialist lending option to navigate the current economic landscape.”
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