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Merseyside bridging firm rebrands as it goes national

Friday 30th July 2010

Merseyside’s only private finance house has completed a rebrand to reflect its continued expansion throughout England and Wales.

Wallasey-based Bridging Finance (NW) has become Bridging Finance Solutions after seeing a 42% increase in lending outside of the North-West for the first half of 2010.

Steve Barber, founder and director of Bridging Finance Solutions, said: “While we remain very much a North-West company, committed to our local clients and supply network, we are increasingly arranging a significant amount of business outside of the region.

“Rebranding as Bridging Finance Solutions not only reflects this ongoing development, but will help us to capitalise on the significant demand for fast, accessible finance in the property sector nationally.”

Bridging Finance Solutions has recorded a 68% increase in the overall loan book in its half-yearly results in 2010 in comparison to 2009. Last year the company launched the £20m Short Term Business Finance Fund offering loans of between £30,000 and £500,000 for up to six months for a variety of business uses.

The company was established by former management consultant Steve Barber in 2005 and has since arranged more than £40m of bridging loans.
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Posted By hari on Monday 2nd August 2010 07:55:43

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